SHAMBALLA ApS

CVR 21490539 · Private limited company (ApS) · Active · Low risk

SHAMBALLA ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry engroshandel med ure og smykker. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 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 46.2m and a net result of DKK 10.9m. CEO: Mads Kornerup.

Bankruptcy risk for SHAMBALLA ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
21490539
Status
Active
Company type
Private limited company (ApS)
Founded
(27 years)
Address
Ny Østergade 7, 1.
1101 København K
Municipality
København
Industry
Engroshandel med ure og smykker (464800)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
1 (2004)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late8 of 27
Missing annual reportNo
Negative equityNo
Equity ratio93.8%
Current ratio500%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address60
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -27kDKK -94kDKK -18k
Net profitDKK 10.9mDKK 9.8mDKK 10.3m
EquityDKK 46.2mDKK 41.2mDKK 31.4m
Total assetsDKK 49.3mDKK 44.0mDKK 34.2m
CashDKK 36kDKK 37k–
Short-term debtDKK 3.0mDKK 2.8m–
Tax owedDKK 16k––
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025195 Late
1 Jan 2024 – 31 Dec 2024122
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022182
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020154
1 Jan 2019 – 31 Dec 2019261 Late
1 Jan 2018 – 31 Dec 2018174
1 Jan 2017 – 31 Dec 2017167
1 Jan 2016 – 31 Dec 2016167
1 Jan 2015 – 31 Dec 2015176
1 Jan 2014 – 31 Dec 2014168
1 Jan 2013 – 31 Dec 2013127
1 Jan 2012 – 31 Dec 2012113
1 Jan 2011 – 31 Dec 2011152
1 Jan 2010 – 31 Dec 2010153
1 Jan 2009 – 31 Dec 2009172
1 Jan 2008 – 31 Dec 2008159
1 Jan 2007 – 31 Dec 2007184 Late
1 Jan 2006 – 31 Dec 2006179

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
CEOMads KornerupCurrent
CEOPeter Andreas Stakemann
CEOMikkel Kornerup
Owner (100%)Mads KornerupCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorREVISORFÆLLESSKABET. STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBGC HOLDING 2007, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderApS KBUS 38 nr.3117Current
FounderApS KBUS 38 nr.3117

The CEOs' other companies

Mads Kornerup – 7 other companies

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Mikkel Kornerup – 12 other companies

Address history (5 moves)

Ny Østergade 7, 1., 1101 København K
Ny Østergade 7, 1., 1101 København K
Grønnegade 36, st., 1107 København K
Grønnegade 10, 1., 1107 København K
Pilestræde 55, 1112 København K
c/o Mikkel Kornerup, Kronprinsessegade 46A, 3. th, 1306 København K

Former names

SHAMBALLA ApS – now
ApS KBUS 17 NR. 1408 –

Employees per year

Number of employees at SHAMBALLA ApS per year592002: 220022003: 920032004: 12004

Other companies at the same address

Similar companies in København

Questions and answers about SHAMBALLA ApS

Has SHAMBALLA ApS gone bankrupt?

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

What is the bankruptcy risk of SHAMBALLA ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of SHAMBALLA ApS?

Mads Kornerup is the CEO of SHAMBALLA ApS.

Who is the auditor of SHAMBALLA ApS?

SHAMBALLA ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was SHAMBALLA ApS founded?

SHAMBALLA ApS was founded on 1 January 1999.

What is the equity of SHAMBALLA ApS?

Equity was DKK 46.2m 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.