MEN'S CUT ApS

CVR 20837241 · Private limited company (ApS) · Active · Low risk

MEN'S CUT ApS is a Private limited company (ApS), founded on , based in Sønderborg. The company is registered in the industry drift af frisør- og barbersaloner. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.6m and a net result of DKK 117k. CEO: Lars Schmidt.

Bankruptcy risk for MEN'S CUT ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

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

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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · 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×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
20837241
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Rådhustorvet 11
6400 Sønderborg
Municipality
Sønderborg
Industry
Drift af frisør- og barbersaloner (962100)
Bankruptcies in the industry: Frisørsaloner
Share capital
DKK 681k
Employees
12 (2018)
Auditor
Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 28
Missing annual reportNo
Negative equityNo
Equity ratio30.5%
Current ratio202%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.7mDKK 3.4mDKK 3.6m
Net profitDKK 117kDKK 117kDKK 321k
EquityDKK 1.6mDKK 1.4mDKK 1.3m
Total assetsDKK 5.1mDKK 5.3mDKK 5.2m
CashDKK 360kDKK 664k–
Short-term debtDKK 753kDKK 993k–
Tax owedDKK 0DKK 16k–
Avg. employees66–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202536
1 Jan 2024 – 31 Dec 2024132
1 Jan 2023 – 31 Dec 202364
1 Jan 2022 – 31 Dec 2022104
1 Jan 2021 – 31 Dec 202160
1 Jan 2020 – 31 Dec 202056
1 Jan 2019 – 31 Dec 201987
1 Jan 2018 – 31 Dec 201884
1 Jan 2017 – 31 Dec 201793
1 Jan 2016 – 31 Dec 201676
1 Jan 2015 – 31 Dec 201557
1 Jan 2014 – 31 Dec 201457
1 Jan 2013 – 31 Dec 2013127
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 201164
1 Jan 2010 – 31 Dec 2010151
1 Jan 2009 – 31 Dec 200968
1 Jan 2008 – 31 Dec 200884
1 Jan 2007 – 31 Dec 2007139
1 Jan 2006 – 31 Dec 200681

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
CEOLars SchmidtCurrent
Owner (50%)Lars SchmidtCurrent
Owner (50%)Lena Bergitte SchmidtCurrent
AuditorEPAS INVEST SØNDERBORG A/S
AuditorKpmg C Jespersen I/S
AuditorRevision- og Regnskabskontoret v/Henning Kjær
AuditorREVISION- OG REGNSKABSKONTORET ApS REGISTREREDE REVISORER
AuditorAROS STATSAUTORISEREDE REVISORER I/S
FounderLars SchmidtCurrent
FounderLena Bergitte SchmidtCurrent

Address history (3 moves)

Rådhustorvet 11, 6400 Sønderborg
Kongevej 51, 6400 Sønderborg
Kongevej 51, 6400 Sønderborg
Bosager 36, 6400 Sønderborg

Former names

MEN'S CUT ApS – now
KRAG SCHMIDT ApS –

Employees per year

Number of employees at MEN'S CUT ApS per year7142011: 1420112012: 1220122013: 1220132014: 1320142015: 1220152016: 1220162017: 1020172018: 122018

Other companies at the same address

Similar companies in Sønderborg

Questions and answers about MEN'S CUT ApS

Has MEN'S CUT ApS gone bankrupt?

No, MEN'S CUT ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MEN'S CUT ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of MEN'S CUT ApS?

Lars Schmidt is the CEO of MEN'S CUT ApS.

Who is the auditor of MEN'S CUT ApS?

MEN'S CUT ApS most recently used Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

When was MEN'S CUT ApS founded?

MEN'S CUT ApS was founded on 31 March 1998.

What is the equity of MEN'S CUT ApS?

Equity was DKK 1.6m 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.