EURO DEVELOPMENT COMPANY ApS

CVR 18388006 · Private limited company (ApS) · Active · High risk

EURO DEVELOPMENT COMPANY ApS is a Private limited company (ApS), founded on , based in Brøndby. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -193k and a net result of DKK 8,053. CEO: Mogens Johannsen.

Bankruptcy risk for EURO DEVELOPMENT COMPANY ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
18388006
Status
Active
Company type
Private limited company (ApS)
Founded
(31 years)
Address
c/o Advokat Mogens Johannsen, Plovmarksvej 8
2605 Brøndby
Municipality
Brøndby
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 200k
Employees
3 (2013)
Auditor
REVISIONSFIRMAET PEDER ALBERTSEN A/S. REGISTREREDE REVISORER
Audit opted out
No

Warning signs

Annual reports filed late5 of 29
Missing annual reportNo
Negative equityYes
Equity ratio-191.8%
Current ratio34%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies8
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 10kDKK 0
Net profitDKK 8,053DKK 0
EquityDKK -193kDKK -201k
Total assetsDKK 101kDKK 91k
Short-term debtDKK 294k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionsfirmaet Peder Albertsen A/Sregistrerede revisorer.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025175
1 Jul 2023 – 30 Jun 2024171
1 Jul 2022 – 30 Jun 2023173
1 Jul 2021 – 30 Jun 2022193 Late
1 Jul 2020 – 30 Jun 2021162
1 Jul 2019 – 30 Jun 2020175
1 Jul 2018 – 30 Jun 2019172
1 Jul 2017 – 30 Jun 2018172
1 Jul 2016 – 30 Jun 2017175
1 Jan 2015 – 30 Jun 2016175
1 Jan 2014 – 31 Dec 2014182
1 Jul 2012 – 30 Jun 2013172
1 Jul 2011 – 30 Jun 2012174
1 Jul 2010 – 30 Jun 2011171
1 Jul 2009 – 30 Jun 2010169
1 Jul 2008 – 30 Jun 2009173
1 Jul 2007 – 30 Jun 2008175
1 Jul 2006 – 30 Jun 2007155
1 Jul 2005 – 30 Jun 2006157
1 Jul 2004 – 30 Jun 2005159

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
CEOMogens JohannsenCurrent
CEOMogens Johannsen
CEOKirsten Randrup Johannsen
CEOMikkel Johannsen
BoardKnud Erik Juul Larsen
BoardTom Flemming Salversen
BoardKirsten Randrup Johannsen
BoardMogens Johannsen
BoardMikkel Johannsen
Owner (100%)Johannsen ApSCurrent
AuditorREVISIONSFIRMAET PEDER ALBERTSEN A/S. REGISTREREDE REVISORERCurrent
AuditorKvist & Jensen SR, Randers A/S
AuditorREVISORERNE I HØJBJERG ApS
AuditorEsben Fløjgaard Andersen
AuditorKvist & Jensen SR, Randers A/S
FounderKirsten Randrup JohannsenCurrent
FounderJ.L. ADMINISTRATION ÅRHUS ApSCurrent

The CEOs' other companies

Mogens Johannsen – 46 other companies, of which 18 bankrupt

Mikkel Johannsen – 8 other companies, of which 2 bankrupt

Address history (2 moves)

c/o Advokat Mogens Johannsen, Plovmarksvej 8, 2605 Brøndby
c/o Johannsen, Alsted Vænge 1, 4173 Fjenneslev
c/o Johannsen, Fiskerhusene 39, 2620 Albertslund

Employees per year

Number of employees at EURO DEVELOPMENT COMPANY ApS per year232009: 220092011: 220112012: 220122013: 32013

Other companies at the same address

Similar companies in Brøndby

Questions and answers about EURO DEVELOPMENT COMPANY ApS

Has EURO DEVELOPMENT COMPANY ApS gone bankrupt?

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

What is the bankruptcy risk of EURO DEVELOPMENT COMPANY ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of EURO DEVELOPMENT COMPANY ApS?

Mogens Johannsen is the CEO of EURO DEVELOPMENT COMPANY ApS.

Who is the auditor of EURO DEVELOPMENT COMPANY ApS?

EURO DEVELOPMENT COMPANY ApS most recently used REVISIONSFIRMAET PEDER ALBERTSEN A/S. REGISTREREDE REVISORER.

When was EURO DEVELOPMENT COMPANY ApS founded?

EURO DEVELOPMENT COMPANY ApS was founded on 1 January 1995.

What is the equity of EURO DEVELOPMENT COMPANY ApS?

Equity was DKK -193k 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.