CREST EUROPE HOLDINGS ApS

CVR 26050618 · Private limited company (ApS) · Active · Medium risk

CREST EUROPE HOLDINGS ApS is a Private limited company (ApS), founded on , based in Søborg. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 20 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 50k and a net result of DKK -27k. CEO: Thomas Michael Cunningham.

Bankruptcy risk for CREST EUROPE HOLDINGS ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
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×
CEOs in total (historical)5+ · 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
26050618
Status
Active
Company type
Private limited company (ApS)
Founded
(25 years)
Address
c/o Beierholm, Knud Højgaards Vej 9
2860 Søborg
Municipality
Gladsaxe
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 8.7m
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late7 of 24
Missing annual reportNo
Negative equityNo
Equity ratio68.2%
Current ratio315%
Moves (last 2 years)0
CEO changes in total10
CEO's previous bankruptcies0
Other companies at the address205
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -33kDKK -36kDKK -24k
Net profitDKK -27kDKK -31kDKK -26k
EquityDKK 50kDKK 77kDKK 108k
Total assetsDKK 73kDKK 102kDKK 170k
CashDKK 56kDKK 80k–
Short-term debtDKK 23kDKK 26k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025214 Late
1 Jul 2023 – 30 Jun 2024170
1 Jul 2022 – 30 Jun 2023196 Late
1 Jul 2021 – 30 Jun 2022181
1 Jul 2020 – 30 Jun 2021154
1 Jul 2019 – 30 Jun 2020163
1 Jul 2018 – 30 Jun 2019136
1 Jul 2017 – 30 Jun 2018173
1 Jul 2016 – 30 Jun 2017154
1 Jul 2015 – 30 Jun 2016194 Late
1 Jul 2014 – 30 Jun 2015191 Late
1 Jul 2013 – 30 Jun 2014176
1 Jul 2012 – 30 Jun 2013190 Late
1 Jul 2011 – 30 Jun 2012192 Late
1 Jul 2010 – 30 Jun 2011171
1 Jul 2009 – 30 Jun 2010174
1 Jul 2008 – 30 Jun 2009173
1 Jul 2007 – 30 Jun 2008107
1 Jul 2006 – 30 Jun 2007169
1 Jul 2005 – 30 Jun 2006167

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
CEOThomas Michael CunninghamCurrent
CEOHelle Freundlich Andersen
CEOShaharudin Bin Abu Hassan
CEONigel Peter Davis
CEOJames Michael Goodson
CEOBrian David Kivisto
Owner (100%)The Crest Group Inc. USACurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorGreen IV ApS
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderKR 332 ApSCurrent

The CEOs' other companies

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

Address history (3 moves)

c/o Beierholm, Knud Højgaards Vej 9, 2860 Søborg
c/o HLB Mortensen & Beierholm, Gribskovvej 2, 2100 København Ø
c/o HLB Mortensen & Beierholm, Vester Søgade 10, 1601 København V
c/o Kromann Reumert, Rådhuspladsen 14, 1550 København V

Former names

CREST EUROPE HOLDINGS ApS – now
KR 930 ApS –

Other companies at the same address

Similar companies in Gladsaxe

Questions and answers about CREST EUROPE HOLDINGS ApS

Has CREST EUROPE HOLDINGS ApS gone bankrupt?

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

What is the bankruptcy risk of CREST EUROPE HOLDINGS ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of CREST EUROPE HOLDINGS ApS?

Thomas Michael Cunningham is the CEO of CREST EUROPE HOLDINGS ApS.

Who is the auditor of CREST EUROPE HOLDINGS ApS?

CREST EUROPE HOLDINGS ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was CREST EUROPE HOLDINGS ApS founded?

CREST EUROPE HOLDINGS ApS was founded on 14 March 2001.

What is the equity of CREST EUROPE HOLDINGS ApS?

Equity was DKK 50k 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.