GRAND CANYON ApS

CVR 19670937 · Private limited company (ApS) · Active · Very high risk

GRAND CANYON ApS is a Private limited company (ApS), founded on , based in Haderslev. The company is registered in the industry engroshandel med fodtøj. Our model estimates a bankruptcy risk of 46.0% over the next 12 months, which is 32.7 times the average for Danish companies. 20 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 607k and a net result of DKK -4,781. CEO: Christian Friis Olesen.

Bankruptcy risk for GRAND CANYON ApS

46.0%
probability of bankruptcy within 12 months
Very high risk

32.7 × the average (1.41%) · higher risk than 100% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
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×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Capital changes2 · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
19670937
Status
Active
Company type
Private limited company (ApS)
Founded
(29 years)
Address
Fjordagervej 10A
6100 Haderslev
Municipality
Haderslev
Industry
Engroshandel med fodtøj (464220)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 138k
Employees
3 (2018)
Auditor
CKF Revision ApS Godkendt revisionsfirma
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 28
Missing annual reportNo
Negative equityNo
Equity ratio24.0%
Current ratio139%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 252kDKK 440kDKK 487k
Net profitDKK -4,781DKK 21kDKK -4,187
EquityDKK 607kDKK 612kDKK 590k
Total assetsDKK 2.5mDKK 1.9mDKK 2.3m
CashDKK 1,910DKK 17–
Short-term debtDKK 1.7mDKK 1.0m–
Avg. employees21–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · CKF Revision ApS Godkendt revisionsfirma.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025195 Late
1 Jul 2023 – 31 Dec 2024191 Late
1 Jul 2022 – 30 Jun 2023208 Late
1 Jul 2021 – 30 Jun 2022195 Late
1 Jul 2020 – 30 Jun 2021180
1 Jul 2019 – 30 Jun 2020170
1 Jul 2018 – 30 Jun 2019182
1 Jul 2017 – 30 Jun 2018152
1 Jul 2016 – 30 Jun 2017173
1 Jul 2015 – 30 Jun 2016167
1 Jul 2014 – 30 Jun 2015160
1 Jul 2013 – 30 Jun 2014162
1 Jul 2012 – 30 Jun 2013169
1 Jul 2011 – 30 Jun 2012160
1 Jul 2010 – 30 Jun 2011164
1 Jul 2009 – 30 Jun 2010153
1 Jul 2008 – 30 Jun 2009154
1 Jul 2007 – 30 Jun 2008155
1 Jul 2006 – 30 Jun 2007155
1 Jul 2005 – 30 Jun 2006153

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
CEOChristian Friis OlesenCurrent
CEOKlaus Brock
Owner (67%)JICCA HOLDING ApSCurrent
Owner (25%)J2 ApSCurrent
AuditorND REVISION SØNDERBORG ApS
AuditorTorben Reib
AuditorRCAA A/S
AuditorREVISIONSCENTRET AABENRAA & PADBORG GODKENDT REVISIONSAKTIESELSKAB
AuditorTØNDER REVISION, GODKENDT REVISIONSAKTIESELSKAB
FounderKlaus BrockCurrent

The CEOs' other companies

Christian Friis Olesen – 8 other companies, of which 3 bankrupt

Klaus Brock – 9 other companies, of which 4 bankrupt

Address history (7 moves)

Fjordagervej 10A, 6100 Haderslev
Fjordagervej 10A, 6100 Haderslev
H.C. Ørsteds Vej 2B, 6100 Haderslev
Hansborggade 30, 6100 Haderslev
Egelund 20, 6200 Aabenraa
Egelund A 20, 6200 Aabenraa
Kilen 6, 6200 Aabenraa
Kongevej 30, 6400 Sønderborg

Former names

GRAND CANYON ApS – now
YELLOW HOUSE OF SCANDINAVIA ApS –

Employees per year

Number of employees at GRAND CANYON ApS per year242011: 420112012: 320122013: 220132014: 420142015: 420152016: 420162017: 320172018: 32018

Other companies at the same address

Similar companies in Haderslev

Questions and answers about GRAND CANYON ApS

Has GRAND CANYON ApS gone bankrupt?

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

What is the bankruptcy risk of GRAND CANYON ApS?

Our model estimates a bankruptcy risk of 46.0% over the next 12 months (very high risk), which is 32.7 times the average for Danish companies.

Who is the CEO of GRAND CANYON ApS?

Christian Friis Olesen is the CEO of GRAND CANYON ApS.

Who is the auditor of GRAND CANYON ApS?

GRAND CANYON ApS most recently used CKF Revision ApS Godkendt revisionsfirma.

When was GRAND CANYON ApS founded?

GRAND CANYON ApS was founded on 20 November 1996.

What is the equity of GRAND CANYON ApS?

Equity was DKK 607k 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.