ERIK KVISTGAARD ApS

CVR 25260686 · Private limited company (ApS) · Active · Low risk

ERIK KVISTGAARD ApS is a Private limited company (ApS), founded on , based in Frørup. The company is registered in the industry anden finansiel formidling i.a.n.. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 251k and a net result of DKK 38k. CEO: Erik Kvistgaard.

Bankruptcy risk for ERIK KVISTGAARD 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

CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · 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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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
25260686
Status
Active
Company type
Private limited company (ApS)
Founded
(26 years)
Address
c/o Erik Kvistgaard, Hørageren 2
5871 Frørup
Municipality
Nyborg
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 26
Missing annual reportNo
Negative equityNo
Equity ratio54.1%
Current ratio218%
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 -12kDKK -12k
Net profitDKK 38kDKK 88k
EquityDKK 251kDKK 214k
Total assetsDKK 464kDKK 419k
CashDKK 275k–
Short-term debtDKK 213k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023134
1 Jan 2022 – 31 Dec 2022166
1 Jan 2021 – 31 Dec 2021164
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 2019239 Late
1 Jan 2018 – 31 Dec 2018137
1 Jan 2017 – 31 Dec 2017149
1 Jan 2016 – 31 Dec 2016142
1 Jan 2015 – 31 Dec 2015182
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012180
1 Jan 2011 – 31 Dec 2011155
1 Jan 2010 – 31 Dec 2010156
1 Jan 2009 – 31 Dec 2009150
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007113
1 Jan 2006 – 31 Dec 200660

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
CEOErik KvistgaardCurrent
Owner (100%)Erik KvistgaardCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderErik KvistgaardCurrent

The CEOs' other companies

Erik Kvistgaard – 1 other companies

Address history (2 moves)

c/o Erik Kvistgaard, Hørageren 2, 5871 Frørup
c/o Erik Kvistgaard, Toldbodgade 26, 5800 Nyborg
Kværnen 3, 9210 Aalborg SØ

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Questions and answers about ERIK KVISTGAARD ApS

Has ERIK KVISTGAARD ApS gone bankrupt?

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

What is the bankruptcy risk of ERIK KVISTGAARD 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 ERIK KVISTGAARD ApS?

Erik Kvistgaard is the CEO of ERIK KVISTGAARD ApS.

Who is the auditor of ERIK KVISTGAARD ApS?

ERIK KVISTGAARD ApS most recently used Beierholm.

When was ERIK KVISTGAARD ApS founded?

ERIK KVISTGAARD ApS was founded on 3 March 2000.

What is the equity of ERIK KVISTGAARD ApS?

Equity was DKK 251k 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.