KRAGELUND HOLDING, SØRVAD ApS

CVR 21536776 · Private limited company (ApS) · Active · Low risk

KRAGELUND HOLDING, SØRVAD ApS is a Private limited company (ApS), founded on , based in Sørvad. 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 (30 Jun 2025) shows equity of DKK 3.2m and a net result of DKK 155k. CEO: Fin Nygaard Kragelund.

Bankruptcy risk for KRAGELUND HOLDING, SØRVAD ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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
21536776
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Sigvej 1
7550 Sørvad
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 200k
Auditor
Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 27
Missing annual reportNo
Negative equityNo
Equity ratio95.8%
Current ratio95%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -15kDKK -18k
Net profitDKK 155kDKK 396k
EquityDKK 3.2mDKK 3.1m
Total assetsDKK 3.3mDKK 3.4m
CashDKK 133k–
Short-term debtDKK 141k–
Tax owedDKK 79k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025109
1 Jul 2023 – 30 Jun 2024164
1 Jul 2022 – 30 Jun 2023166
1 Jul 2021 – 30 Jun 2022173
1 Jul 2020 – 30 Jun 2021133
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019149
1 Jul 2017 – 30 Jun 2018152
1 Jul 2016 – 30 Jun 2017160
1 Jul 2015 – 30 Jun 2016153
1 Jul 2014 – 30 Jun 2015149
1 Jul 2013 – 30 Jun 2014149
1 Jul 2012 – 30 Jun 2013108
1 Jul 2011 – 30 Jun 201297
1 Jul 2010 – 30 Jun 2011143
1 Jul 2009 – 30 Jun 2010160
1 Jul 2008 – 30 Jun 2009128
1 Jul 2007 – 30 Jun 2008154
1 Jul 2006 – 30 Jun 2007150
1 Jul 2005 – 30 Jun 2006166

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
CEOFin Nygaard KragelundCurrent
Owner (50%)Kamma KragelundCurrent
Owner (50%)Fin Nygaard KragelundCurrent
AuditorBLICHER REVISION & RÅDGIVNING STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderFin Nygaard KragelundCurrent

The CEOs' other companies

Fin Nygaard Kragelund – 1 other companies

Address history (2 moves)

Sigvej 1, 7550 Sørvad
Sigvej 2, 7550 Sørvad
Sigvej 2, 7550 Sørvad

Former names

KRAGELUND HOLDING, SØRVAD ApS – now
F.K. MØBELDESIGN HOLDING ApS –

Similar companies in Herning

Questions and answers about KRAGELUND HOLDING, SØRVAD ApS

Has KRAGELUND HOLDING, SØRVAD ApS gone bankrupt?

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

What is the bankruptcy risk of KRAGELUND HOLDING, SØRVAD 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 KRAGELUND HOLDING, SØRVAD ApS?

Fin Nygaard Kragelund is the CEO of KRAGELUND HOLDING, SØRVAD ApS.

Who is the auditor of KRAGELUND HOLDING, SØRVAD ApS?

KRAGELUND HOLDING, SØRVAD ApS most recently used Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab.

When was KRAGELUND HOLDING, SØRVAD ApS founded?

KRAGELUND HOLDING, SØRVAD ApS was founded on 22 October 1998.

What is the equity of KRAGELUND HOLDING, SØRVAD ApS?

Equity was DKK 3.2m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.