KURT ODGAARD ApS

CVR 18376032 · Private limited company (ApS) · Active · Low risk

KURT ODGAARD ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry investering for egen regning. 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. The latest annual report (31 Dec 2025) shows equity of DKK 6.5m and a net result of DKK 182k. CEO: Kurt Odgaard.

Bankruptcy risk for KURT ODGAARD ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
18376032
Status
Active
Company type
Private limited company (ApS)
Founded
(31 years)
Address
Enebærvej 16
7400 Herning
Municipality
Herning
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 200k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio98.0%
Current ratio5,114%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -21kDKK -20k
Net profitDKK 182kDKK 235k
EquityDKK 6.5mDKK 6.3m
Total assetsDKK 6.6mDKK 6.4m
CashDKK 208k–
Short-term debtDKK 129k–
Tax owedDKK 6,303–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 202479
1 Jan 2023 – 31 Dec 2023107
1 Jan 2022 – 31 Dec 202287
1 Jan 2021 – 31 Dec 2021109
1 Jan 2020 – 31 Dec 202098
1 Jan 2019 – 31 Dec 201987
1 Jan 2018 – 31 Dec 201888
1 Jan 2017 – 31 Dec 2017100
1 Jan 2016 – 31 Dec 201689
1 Jan 2015 – 31 Dec 201576
1 Jan 2014 – 31 Dec 2014139
1 Jan 2013 – 31 Dec 2013144
1 Jan 2012 – 31 Dec 2012136
1 Jan 2011 – 31 Dec 2011145
1 Jan 2010 – 31 Dec 2010150
1 Jan 2009 – 31 Dec 2009130
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007148
1 Jan 2006 – 31 Dec 2006116

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
CEOKurt OdgaardCurrent
BoardKurt OdgaardCurrent
BoardDennis OdgaardCurrent
BoardAllan OdgaardCurrent
BoardEllen OdgaardCurrent
Owner (50%)Kurt OdgaardCurrent
Owner (33%)Ellen OdgaardCurrent
AuditorSR. STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderKurt OdgaardCurrent

The CEOs' other companies

Kurt Odgaard – 5 other companies

Address history (0 moves)

Enebærvej 16, 7400 Herning

Employees per year

Number of employees at KURT ODGAARD ApS per year112007: 120072012: 120122013: 120132014: 120142015: 120152016: 120162017: 120172018: 12018

Similar companies in Herning

Questions and answers about KURT ODGAARD ApS

Has KURT ODGAARD ApS gone bankrupt?

No, KURT ODGAARD ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of KURT ODGAARD 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 KURT ODGAARD ApS?

Kurt Odgaard is the CEO of KURT ODGAARD ApS.

When was KURT ODGAARD ApS founded?

KURT ODGAARD ApS was founded on 30 December 1994.

What is the equity of KURT ODGAARD ApS?

Equity was DKK 6.5m according to the annual report for the period ending 31 December 2025.

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