VANGARD SPORTSWEAR HOLDING ApS

CVR 21178489 · Private limited company (ApS) · Active · Low risk

VANGARD SPORTSWEAR HOLDING ApS is a Private limited company (ApS), founded on , based in Sunds. 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. The latest annual report (31 Dec 2025) shows equity of DKK 29.5m and a net result of DKK 1.4m. CEO: Flemming Vang Nielsen.

Bankruptcy risk for VANGARD SPORTSWEAR HOLDING 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

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
21178489
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Nordringen 56
7451 Sunds
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 4.0m
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 28
Missing annual reportNo
Negative equityNo
Equity ratio97.3%
Current ratio5,329%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -58kDKK -209k
Net profitDKK 1.4mDKK 771k
EquityDKK 29.5mDKK 28.3m
Total assetsDKK 30.3mDKK 29.0m
CashDKK 929k–
Short-term debtDKK 568k–
Tax owedDKK 247k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202547
1 Jan 2024 – 31 Dec 202437
1 Oct 2022 – 30 Sep 202339
1 Oct 2021 – 30 Sep 202218
1 Oct 2020 – 30 Sep 2021105
1 Oct 2019 – 30 Sep 202058
1 Oct 2018 – 30 Sep 201938
1 Oct 2017 – 30 Sep 201866
1 Oct 2016 – 30 Sep 201748
1 Oct 2015 – 30 Sep 201674
1 Oct 2014 – 30 Sep 201570
1 Oct 2013 – 30 Sep 2014143
1 Oct 2012 – 30 Sep 2013148
1 Oct 2011 – 30 Sep 2012149
1 Oct 2010 – 30 Sep 2011153
1 Oct 2009 – 30 Sep 2010152
1 Oct 2008 – 30 Sep 2009126
1 Oct 2007 – 30 Sep 2008134
1 Oct 2006 – 30 Sep 2007137
1 Oct 2005 – 30 Sep 2006148

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
CEOFlemming Vang NielsenCurrent
Owner (50%)Flemming Vang NielsenCurrent
Owner (33%)Joan Hoffmeister NielsenCurrent
Owner (100%)Flemming Vang Nielsen
AuditorPartner Revision statsautoriseret revisionsaktieselskab
FounderFlemming Vang NielsenCurrent

The CEOs' other companies

Flemming Vang Nielsen – 4 other companies, of which 2 bankrupt

Address history (1 moves)

Nordringen 56, 7451 Sunds
Navervej 10, 7451 Sunds

Similar companies in Herning

Questions and answers about VANGARD SPORTSWEAR HOLDING ApS

Has VANGARD SPORTSWEAR HOLDING ApS gone bankrupt?

No, VANGARD SPORTSWEAR HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of VANGARD SPORTSWEAR HOLDING 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 VANGARD SPORTSWEAR HOLDING ApS?

Flemming Vang Nielsen is the CEO of VANGARD SPORTSWEAR HOLDING ApS.

Who is the auditor of VANGARD SPORTSWEAR HOLDING ApS?

VANGARD SPORTSWEAR HOLDING ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was VANGARD SPORTSWEAR HOLDING ApS founded?

VANGARD SPORTSWEAR HOLDING ApS was founded on 16 April 1998.

What is the equity of VANGARD SPORTSWEAR HOLDING ApS?

Equity was DKK 29.5m 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.