DEVELOPMENT ApS

CVR 21620076 · Private limited company (ApS) · Active · Low risk

DEVELOPMENT ApS is a Private limited company (ApS), founded on , based in Viby J. 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, of which 5 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 7.7m and a net result of DKK 426k. CEO: Henning Juel Møller, René Thomsen.

Bankruptcy risk for DEVELOPMENT ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
21620076
Status
Active
Company type
Private limited company (ApS)
Founded
(27 years)
Address
c/o Dansk Administrationscenter, Thyrasgade 4, 1.
8260 Viby J
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 2.0m
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 26
Missing annual reportNo
Negative equityNo
Equity ratio21.0%
Current ratio2%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address105
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 981kDKK 1.2mDKK 1.1m
Net profitDKK 426kDKK 384kDKK 393k
EquityDKK 7.7mDKK 7.3mDKK 6.9m
Total assetsDKK 36.6mDKK 36.3mDKK 36.3m
Short-term debtDKK 5.0mDKK 5.1m–
Tax owedDKK 133kDKK 184k–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025198 Late
1 Jul 2023 – 30 Jun 2024193 Late
1 Jul 2022 – 30 Jun 2023200 Late
1 Jul 2021 – 30 Jun 2022196 Late
1 Jul 2020 – 30 Jun 2021168
1 Jul 2019 – 30 Jun 2020170
1 Jul 2018 – 30 Jun 2019170
1 Jul 2017 – 30 Jun 2018174
1 Jan 2016 – 30 Jun 2017161
1 Jan 2015 – 31 Dec 2015169
1 Jan 2014 – 31 Dec 2014182
1 Jan 2013 – 31 Dec 2013163
1 Jan 2012 – 31 Dec 2012169
1 Jan 2011 – 31 Dec 2011176
1 Jan 2010 – 31 Dec 2010215 Late
1 Jan 2009 – 31 Dec 2009158
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007153
1 Jan 2006 – 31 Dec 2006134
1 Jan 2005 – 31 Dec 2005128

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
CEOHenning Juel MøllerCurrent
CEORené ThomsenCurrent
CEOMads Edvard Nielsen
CEOSøren Hemming Corrêa Nielsen
Owner (50%)AFS Statsautoriserede Revisorer ApSCurrent
Owner (33%)Freedom Invest ApSCurrent
AuditorRevisorerne i Hørning og Hørning
AuditorAROS STATSAUTORISEREDE REVISORER I/S
FounderAFS Statsautoriserede Revisorer ApSCurrent

The CEOs' other companies

Henning Juel Møller – 10 other companies

René Thomsen – 4 other companies

Mads Edvard Nielsen – 14 other companies, of which 2 bankrupt

Søren Hemming Corrêa Nielsen – 13 other companies, of which 2 bankrupt

Address history (7 moves)

c/o Dansk Administrationscenter, Thyrasgade 4, 1., 8260 Viby J
c/o Hoberg Ejendomsadministration, Skoleparken 34, 8330 Beder
Dalgas Avenue 50, 8000 Aarhus C
Dalgas Avenue 50 st, 8000 Århus C
Fredensgade 54, 1. grd, 8000 Århus C
Tordenskjoldsgade 23 d, 8200 Århus N
P.P. Ørums Gade 44, kl., 8000 Århus C
Hjortensgade 15, 8000 Århus C

Former names

DEVELOPMENT ApS – now
BRDR. NIELSEN DEVELOPMENT ApS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about DEVELOPMENT ApS

Has DEVELOPMENT ApS gone bankrupt?

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

What is the bankruptcy risk of DEVELOPMENT 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 DEVELOPMENT ApS?

Henning Juel Møller, René Thomsen are the CEOs of DEVELOPMENT ApS.

When was DEVELOPMENT ApS founded?

DEVELOPMENT ApS was founded on 31 March 1999.

What is the equity of DEVELOPMENT ApS?

Equity was DKK 7.7m 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.