KAREN NIELSEN ApS

CVR 20999209 · Private limited company (ApS) · Active · Low risk

KAREN NIELSEN ApS is a Private limited company (ApS), founded on , based in Thyborøn. The company is registered in the industry havfiskeri. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 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 5.4m and a net result of DKK 426k. CEO: Johnni Kaalund Munksgaard.

Bankruptcy risk for KAREN NIELSEN ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

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×
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×

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
20999209
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Havnegade 26, 1.
7680 Thyborøn
Municipality
Lemvig
Industry
Havfiskeri (031100)
Bankruptcies in the industry: Havfiskeri
Share capital
DKK 125k
Employees
5 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 28
Missing annual reportNo
Negative equityNo
Equity ratio5.7%
Current ratio1%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address71
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 11.2mDKK 7.1mDKK 7.7m
Net profitDKK 426kDKK -2.3mDKK -670k
EquityDKK 5.4mDKK 5.0mDKK 7.3m
Total assetsDKK 95.3mDKK 76.6mDKK 75.7m
Short-term debtDKK 56.2mDKK 38.7m–
Tax owed–DKK 0–
Avg. employees44–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 202494
1 Jan 2023 – 31 Dec 2023110
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021174
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019254 Late
1 Jan 2018 – 31 Dec 2018168
1 Jan 2017 – 31 Dec 2017153
1 Jan 2016 – 31 Dec 2016140
1 Jan 2015 – 31 Dec 2015141
1 Jan 2014 – 31 Dec 2014124
1 Jan 2013 – 31 Dec 2013133
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011155
1 Jan 2010 – 31 Dec 2010123
1 Jan 2009 – 31 Dec 2009178
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007162
1 Jan 2006 – 31 Dec 2006150

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
CEOJohnni Kaalund MunksgaardCurrent
CEOArne Nielsen
CEOBrian Bloch Larsen
Owner (25%)H Høyer Holding II ApSCurrent
Owner (50%)Johnni Munksgaard Holding ApSCurrent
Owner (20%)H Høyer Holding ApSCurrent
Owner (100%)KAREN NIELSEN HOLDING ApS
Owner (50%)Bloch Larsen Holding ApS
Owner (100%)Johnni Munksgaard Holding ApS
Owner (100%)Johnni Munksgaard Holding ApS
Owner (67%)Johnni Munksgaard Holding ApS
Owner (50%)Johnni Munksgaard Holding ApS
Owner (15%)H Høyer Holding ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorMC REVISION A/S
AuditorRL Registreret Revisionsaktieselskab
AuditorRL af 1/7 2020 P/S
FounderArne NielsenCurrent

The CEOs' other companies

Johnni Kaalund Munksgaard – 2 other companies

Arne Nielsen – 4 other companies

Brian Bloch Larsen – 1 other companies

Address history (6 moves)

Havnegade 26, 1., 7680 Thyborøn
c/o MC Revision A/S, Havnegade 26, 1., 7680 Thyborøn
Åkandevej 5, 7730 Hanstholm
Irisvej 15, 7730 Hanstholm
Vestergade 74, 2., 7700 Thisted
Bødkervej 59, 7730 Hanstholm
Bødkervej 59, 7730 Hanstholm

Employees per year

Number of employees at KAREN NIELSEN ApS per year592011: 720112012: 820122013: 520132014: 920142015: 620152016: 520162017: 620172018: 52018

Other companies at the same address

Similar companies in Lemvig

Questions and answers about KAREN NIELSEN ApS

Has KAREN NIELSEN ApS gone bankrupt?

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

What is the bankruptcy risk of KAREN NIELSEN ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of KAREN NIELSEN ApS?

Johnni Kaalund Munksgaard is the CEO of KAREN NIELSEN ApS.

Who is the auditor of KAREN NIELSEN ApS?

KAREN NIELSEN ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was KAREN NIELSEN ApS founded?

KAREN NIELSEN ApS was founded on 12 June 1998.

What is the equity of KAREN NIELSEN ApS?

Equity was DKK 5.4m 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.