THE MANDARIN DEVELOPMENT COMPANY ApS

CVR 13352542 · Private limited company (ApS) · Active · Low risk

THE MANDARIN DEVELOPMENT COMPANY ApS is a Private limited company (ApS), founded on , based in Charlottenlund. The company is registered in the industry anden udlejning af boliger. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 1.3m and a net result of DKK -35k. CEO: Wai-Kwan Fung, Charlotte Sen Korff.

Bankruptcy risk for THE MANDARIN DEVELOPMENT COMPANY ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
13352542
Status
Active
Company type
Private limited company (ApS)
Founded
(37 years)
Address
Øresundshøj 6
2920 Charlottenlund
Municipality
Gentofte
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 200k
Employees
2 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 30
Missing annual reportNo
Negative equityNo
Equity ratio68.0%
Current ratio74%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 462kDKK 517k
Net profitDKK -35kDKK 230k
EquityDKK 1.3mDKK 1.5m
Total assetsDKK 1.9mDKK 2.0m
CashDKK 391k–
Short-term debtDKK 528k–
Tax owedDKK 54k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025182
1 Jul 2023 – 30 Jun 2024192 Late
1 Jul 2022 – 30 Jun 2023193 Late
1 Jul 2021 – 30 Jun 2022123
1 Jul 2020 – 30 Jun 2021140
1 Jul 2019 – 30 Jun 2020145
1 Jul 2018 – 30 Jun 2019153
1 Jul 2017 – 30 Jun 2018163
1 Jul 2016 – 30 Jun 2017175
1 Jul 2015 – 30 Jun 2016157
1 Jul 2014 – 30 Jun 2015161
1 Jul 2013 – 30 Jun 2014157
1 Jul 2012 – 30 Jun 201345
1 Jul 2011 – 30 Jun 2012171
1 Jul 2010 – 30 Jun 2011147
1 Jul 2009 – 30 Jun 2010148
1 Jul 2008 – 30 Jun 2009161
1 Jul 2007 – 30 Jun 2008150
1 Jul 2006 – 30 Jun 2007128
1 Jul 2005 – 30 Jun 2006137

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOWai-Kwan FungCurrent
CEOCharlotte Sen KorffCurrent
CEOCheung-Kau Fung
Owner (100%)Wai-Kwan FungCurrent
Owner (100%)Cheung-Kau Fung
AuditorRevisionsfirmaet N. K. MORTENSEN A/S
AuditorDANSK REVISION HILLERØD GODKENDT REVISIONSAKTIESELSKAB
FounderCheung-Kau FungCurrent

Address history (1 moves)

Øresundshøj 6, 2920 Charlottenlund
Istedgade 1, 1650 København V

Former names

THE MANDARIN DEVELOPMENT COMPANY ApS – now
MANDARIN CAFETERIA - DAILY FOOD ApS –

Employees per year

Number of employees at THE MANDARIN DEVELOPMENT COMPANY ApS per year122011: 120112012: 120122013: 120132014: 120142015: 220152016: 220162017: 120172018: 22018

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Questions and answers about THE MANDARIN DEVELOPMENT COMPANY ApS

Has THE MANDARIN DEVELOPMENT COMPANY ApS gone bankrupt?

No, THE MANDARIN DEVELOPMENT COMPANY ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of THE MANDARIN DEVELOPMENT COMPANY ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of THE MANDARIN DEVELOPMENT COMPANY ApS?

Wai-Kwan Fung, Charlotte Sen Korff are the CEOs of THE MANDARIN DEVELOPMENT COMPANY ApS.

Who is the auditor of THE MANDARIN DEVELOPMENT COMPANY ApS?

THE MANDARIN DEVELOPMENT COMPANY ApS most recently used Beierholm.

When was THE MANDARIN DEVELOPMENT COMPANY ApS founded?

THE MANDARIN DEVELOPMENT COMPANY ApS was founded on 30 June 1989.

What is the equity of THE MANDARIN DEVELOPMENT COMPANY ApS?

Equity was DKK 1.3m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.