GRAND EURO ApS

CVR 18693933 · Private limited company (ApS) · Active · Low risk

GRAND EURO ApS is a Private limited company (ApS), founded on , based in Holstebro. The company is registered in the industry ikke-finansielle holdingselskaber. 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 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 8.3m and a net result of DKK -379k. CEO: Kurt Struve.

Bankruptcy risk for GRAND EURO 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

Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×

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
18693933
Status
Active
Company type
Private limited company (ApS)
Founded
(31 years)
Address
Hestbjergvej 6
7500 Holstebro
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 500k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late12 of 30
Missing annual reportNo
Negative equityNo
Equity ratio98.7%
Current ratio2,724%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 67kDKK 65kDKK 38k
Net profitDKK -379kDKK 172kDKK -35k
EquityDKK 8.3mDKK 8.7mDKK 8.6m
Total assetsDKK 8.4mDKK 8.8mDKK 9.0m
CashDKK 636kDKK 560k–
Short-term debtDKK 109kDKK 53k–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Jan 2024 – 31 Dec 2024189 Late
1 Jan 2023 – 31 Dec 2023212 Late
1 Jan 2022 – 31 Dec 2022194 Late
1 Jan 2021 – 31 Dec 2021192 Late
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019258 Late
1 Jan 2018 – 31 Dec 2018162
1 Jan 2017 – 31 Dec 2017162
1 Jan 2016 – 31 Dec 2016165
1 Jan 2015 – 31 Dec 2015172
1 Jan 2014 – 31 Dec 2014177
1 Jan 2013 – 31 Dec 2013169
1 Jan 2012 – 31 Dec 2012165
1 Jan 2011 – 31 Dec 2011170
1 Jan 2010 – 31 Dec 2010170
1 Jan 2009 – 31 Dec 2009172
1 Jan 2008 – 31 Dec 2008146
1 Jan 2007 – 31 Dec 2007168
1 Jan 2006 – 31 Dec 2006178

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 StruveCurrent
CEOKirsten Nygaard Knudsen
BoardKlaus Mikael Henriksen
BoardRita Skov Henriksen
BoardKirsten Nygaard Knudsen
BoardKurt Struve
BoardPernille Guldberg Struve
BoardElin Vala Jonsdottir
BoardMike Nygaard Struve
Owner (67%)Kurt StruveCurrent
Owner (15%)Pernille Guldberg StruveCurrent
Owner (15%)Mike Nygaard StruveCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorRL ÅRHUS A/S
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderKlaus Mikael HenriksenCurrent
FounderRita Skov HenriksenCurrent
FounderKirsten Nygaard KnudsenCurrent

The CEOs' other companies

Kurt Struve – 3 other companies

Kirsten Nygaard Knudsen – 2 other companies

Address history (1 moves)

Hestbjergvej 6, 7500 Holstebro
Hestbjergvej 6, 7500 Holstebro

Former names

GRAND EURO ApS – now
GRAND EURO A/S –

Other companies at the same address

Similar companies in Herning

Questions and answers about GRAND EURO ApS

Has GRAND EURO ApS gone bankrupt?

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

What is the bankruptcy risk of GRAND EURO 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 GRAND EURO ApS?

Kurt Struve is the CEO of GRAND EURO ApS.

Who is the auditor of GRAND EURO ApS?

GRAND EURO ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was GRAND EURO ApS founded?

GRAND EURO ApS was founded on 29 June 1995.

What is the equity of GRAND EURO ApS?

Equity was DKK 8.3m 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.