AARS YACHT ApS

CVR 20767839 · Private limited company (ApS) · Active · Low risk

AARS YACHT ApS is a Private limited company (ApS), founded on , based in Aars. The company is registered in the industry reparation og vedligeholdelse af civile skibe og både. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 (31 Dec 2025) shows equity of DKK -506k and a net result of DKK -322k. CEO: Torben Frölich.

Bankruptcy risk for AARS YACHT ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
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×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
20767839
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Markvænget 34
9600 Aars
Municipality
Vesthimmerlands
Industry
Reparation og vedligeholdelse af civile skibe og både (331500)
Bankruptcies in the industry: Reparation af maskiner
Share capital
DKK 125k
Employees
2 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 28
Missing annual reportNo
Negative equityYes
Equity ratio-48.8%
Current ratio67%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 546kDKK 465kDKK 1.3m
Net profitDKK -322kDKK -350kDKK 351k
EquityDKK -506kDKK -184kDKK 665k
Total assetsDKK 1.0mDKK 1.4mDKK 2.0m
CashDKK 805kDKK 925k–
Short-term debtDKK 1.5mDKK 1.6m–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025127
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018165
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015148
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013156
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011161
1 Jan 2010 – 31 Dec 2010157
1 Jan 2009 – 31 Dec 2009112
1 Jan 2008 – 31 Dec 2008159
1 Jan 2007 – 31 Dec 2007140
1 Jan 2006 – 31 Dec 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
CEOTorben FrölichCurrent
Owner (100%)TF HOLDING ApSCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderTorben FrölichCurrent

The CEOs' other companies

Torben Frölich – 2 other companies

Address history (2 moves)

Markvænget 34, 9600 Aars
Markvænget 34, 9600 Aars
Markvænget 34, 9600 Aars

Employees per year

Number of employees at AARS YACHT ApS per year122011: 220112012: 220122013: 220132014: 220142015: 120152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about AARS YACHT ApS

Has AARS YACHT ApS gone bankrupt?

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

What is the bankruptcy risk of AARS YACHT ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of AARS YACHT ApS?

Torben Frölich is the CEO of AARS YACHT ApS.

Who is the auditor of AARS YACHT ApS?

AARS YACHT ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was AARS YACHT ApS founded?

AARS YACHT ApS was founded on 13 March 1998.

What is the equity of AARS YACHT ApS?

Equity was DKK -506k 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.