GLARMESTER FRANDSEN ApS

CVR 25865014 · Private limited company (ApS) · Active · High risk

GLARMESTER FRANDSEN ApS is a Private limited company (ApS), founded on , based in Skibby. The company is registered in the industry glarmesteraktiviteter. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 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 (30 Jun 2025) shows equity of DKK -475k and a net result of DKK -72k. CEO: Karsten Heckmann.

Bankruptcy risk for GLARMESTER FRANDSEN ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×

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
25865014
Status
Active
Company type
Private limited company (ApS)
Founded
(25 years)
Address
Egernvej 10
4050 Skibby
Municipality
Frederikssund
Industry
Glarmesteraktiviteter (433420)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 225k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 24
Missing annual reportNo
Negative equityYes
Equity ratio-92.6%
Current ratio128%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 871kDKK 1.0m
Gross profitDKK 385kDKK 417k
Net profitDKK -72kDKK -5,460
EquityDKK -475kDKK -403k
Total assetsDKK 513kDKK 459k
CashDKK 20k–
Short-term debtDKK 401k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025170
1 Jul 2023 – 30 Jun 2024157
1 Jul 2022 – 30 Jun 2023190 Late
1 Jul 2021 – 30 Jun 2022174
1 Jul 2020 – 30 Jun 2021154
1 Jul 2019 – 30 Jun 2020156
1 Jul 2018 – 30 Jun 2019165
1 Jul 2017 – 30 Jun 2018156
1 Jul 2016 – 30 Jun 2017153
1 Jul 2015 – 30 Jun 2016161
1 Jul 2014 – 30 Jun 2015162
1 Jul 2013 – 30 Jun 2014169
1 Jul 2012 – 30 Jun 2013193 Late
1 Jul 2011 – 30 Jun 2012193 Late
1 Jul 2010 – 30 Jun 2011179
1 Jul 2009 – 30 Jun 2010195 Late
1 Jul 2008 – 30 Jun 2009167
1 Jul 2007 – 30 Jun 2008169
1 Jul 2006 – 30 Jun 2007171
1 Jul 2005 – 30 Jun 2006173

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
CEOKarsten HeckmannCurrent
CEOHelle Freundlich Andersen
CEOHenrik Heckmann
CEOJørgen Anton Heckmann
Owner (33%)Jørgen Anton HeckmannCurrent
Owner (50%)Karsten HeckmannCurrent
AuditorGreen IV ApS
AuditorLCCC ApS
AuditorREVISIONSFIRMAET GUTFELT A/S
FounderKR 332 ApSCurrent

The CEOs' other companies

Karsten Heckmann – 1 other companies

Helle Freundlich Andersen – 60 other companies, of which 42 bankrupt

Henrik Heckmann – 8 other companies, of which 3 bankrupt

Jørgen Anton Heckmann – 3 other companies, of which 2 bankrupt

Address history (3 moves)

Egernvej 10, 4050 Skibby
Heimdalsgade 2B, 2200 København N
Nørrebrogade 221, 2200 København N
c/o Kromann Reumert, Rådhuspladsen 14, 1550 København V

Former names

GLARMESTER FRANDSEN ApS – now
KR 917 ApS –

Employees per year

Number of employees at GLARMESTER FRANDSEN ApS per year112011: 120112012: 120122013: 120132014: 120142015: 120152016: 120162017: 120172018: 12018

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Questions and answers about GLARMESTER FRANDSEN ApS

Has GLARMESTER FRANDSEN ApS gone bankrupt?

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

What is the bankruptcy risk of GLARMESTER FRANDSEN ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of GLARMESTER FRANDSEN ApS?

Karsten Heckmann is the CEO of GLARMESTER FRANDSEN ApS.

When was GLARMESTER FRANDSEN ApS founded?

GLARMESTER FRANDSEN ApS was founded on 22 January 2001.

What is the equity of GLARMESTER FRANDSEN ApS?

Equity was DKK -475k 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.