SANDGAARD HOLDING, IKAST ApS

CVR 26294533 · Private limited company (ApS) · Active · Low risk

SANDGAARD HOLDING, IKAST ApS is a Private limited company (ApS), founded on , based in Ikast. The company is registered in the industry investering for egen regning. 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 (31 Dec 2025) shows equity of DKK 13.4m and a net result of DKK 3.3m. CEO: Lars Sandgaard.

Bankruptcy risk for SANDGAARD HOLDING, IKAST 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 previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
26294533
Status
Active
Company type
Private limited company (ApS)
Founded
(25 years)
Address
Bjørn Nørgårds Vej 22
7430 Ikast
Municipality
Ikast-Brande
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Employees
1 (2004)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 23
Missing annual reportNo
Negative equityNo
Equity ratio93.1%
Current ratio245%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 0DKK 0DKK 0
Gross profitDKK -44kDKK -27kDKK -26k
Net profitDKK 3.3mDKK 2.4mDKK 2.5m
EquityDKK 13.4mDKK 12.4mDKK 10.5m
Total assetsDKK 14.4mDKK 13.4mDKK 11.4m
CashDKK 393kDKK 291k–
Short-term debtDKK 987kDKK 992k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025163
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023106
1 Jan 2022 – 31 Dec 2022128
1 Jan 2021 – 31 Dec 2021112
1 Jan 2020 – 31 Dec 2020154
1 Jan 2019 – 31 Dec 2019164
1 Jan 2018 – 31 Dec 2018143
1 Jan 2017 – 31 Dec 2017169
1 Jan 2016 – 31 Dec 2016171
1 Jul 2014 – 30 Jun 2015174
1 Jul 2013 – 30 Jun 2014162
1 Jul 2012 – 30 Jun 2013149
1 Jul 2011 – 30 Jun 2012167
1 Jul 2010 – 30 Jun 2011172
1 Jul 2009 – 30 Jun 2010169
1 Jul 2008 – 30 Jun 2009168
1 Jul 2007 – 30 Jun 2008168
1 Oct 2005 – 30 Sep 200633
1 Oct 2004 – 30 Sep 2005166

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
CEOLars SandgaardCurrent
CEOBoye Rahbæk Thomsen
Owner (100%)Lars SandgaardCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
FounderMNJ HOLDING ApSCurrent
FounderSANDGAARD GOTTLIEB HOLDING ApSCurrent

The CEOs' other companies

Lars Sandgaard – 7 other companies, of which 1 bankrupt

Boye Rahbæk Thomsen – 3 other companies

Address history (5 moves)

Bjørn Nørgårds Vej 22, 7430 Ikast
Bellisparken 18, 7430 Ikast
Buen 11, 7430 Ikast
Buen 11, 7430 Ikast
Jacob Gades Vej 41, 7430 Ikast
E Christensens Vej 74, 7430 Ikast

Former names

SANDGAARD HOLDING, IKAST ApS – now
LSP HOLDING, IKAST ApS –
AJ, IKAST ApS –
AJ PARK, IKAST ApS –
ABC PARK ApS –

Employees per year

Number of employees at SANDGAARD HOLDING, IKAST ApS per year122001: 120012002: 220022003: 120032004: 12004

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about SANDGAARD HOLDING, IKAST ApS

Has SANDGAARD HOLDING, IKAST ApS gone bankrupt?

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

What is the bankruptcy risk of SANDGAARD HOLDING, IKAST 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 SANDGAARD HOLDING, IKAST ApS?

Lars Sandgaard is the CEO of SANDGAARD HOLDING, IKAST ApS.

Who is the auditor of SANDGAARD HOLDING, IKAST ApS?

SANDGAARD HOLDING, IKAST ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was SANDGAARD HOLDING, IKAST ApS founded?

SANDGAARD HOLDING, IKAST ApS was founded on 22 October 2001.

What is the equity of SANDGAARD HOLDING, IKAST ApS?

Equity was DKK 13.4m 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.