FJORD ApS

CVR 26489164 · Private limited company (ApS) · Active · Medium risk

FJORD ApS is a Private limited company (ApS), founded on , based in Pandrup. The company is registered in the industry engroshandel med fisk og fiskeprodukter. 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 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -865k and a net result of DKK -75k. CEO: Karsten Aage Welander Larsen.

Bankruptcy risk for FJORD ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% 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×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
26489164
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
c/o Fjord Aps, Brogaardsgade 81
9490 Pandrup
Municipality
Jammerbugt
Industry
Engroshandel med fisk og fiskeprodukter (463220)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 23
Missing annual reportNo
Negative equityYes
Equity ratio-72.2%
Current ratio5%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies2
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 22kDKK -4,994
Net profitDKK -75kDKK -94k
EquityDKK -865kDKK -790k
Total assetsDKK 1.2mDKK 1.2m
CashDKK 19k–
Short-term debtDKK 2.0m–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 202594
1 Jul 2023 – 30 Jun 2024101
1 Jul 2022 – 30 Jun 2023110
1 Jul 2021 – 30 Jun 2022125
1 Jul 2020 – 30 Jun 2021153
1 Jul 2019 – 30 Jun 2020156
1 Jul 2018 – 30 Jun 2019151
1 Jul 2017 – 30 Jun 2018149
1 Jul 2016 – 30 Jun 2017151
1 Jul 2015 – 30 Jun 2016153
1 Jul 2014 – 30 Jun 2015182
1 Jul 2013 – 30 Jun 2014190 Late
1 Jul 2012 – 30 Jun 2013158
1 Jul 2011 – 30 Jun 2012149
1 Jul 2010 – 30 Jun 2011159
1 Jul 2009 – 30 Jun 2010155
1 Jul 2008 – 30 Jun 2009159
1 Jul 2007 – 30 Jun 2008140
1 Jul 2006 – 30 Jun 2007193 Late
1 Jul 2005 – 30 Jun 2006153

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 Aage Welander LarsenCurrent
CEOKarsten Aage Welander Larsen
CEODennis Kuna Welander
Owner (100%)Karsten Aage Welander LarsenCurrent
AuditorEjgil Henning Christensen
FounderDennis Kuna WelanderCurrent
FounderGitte Joan TidselbakCurrent

The CEOs' other companies

Karsten Aage Welander Larsen – 6 other companies, of which 4 bankrupt

Dennis Kuna Welander – 1 other companies, of which 1 bankrupt

Address history (2 moves)

c/o Fjord Aps, Brogaardsgade 81, 9490 Pandrup
Ralvej 6, 9000 Aalborg
Hamborg 47, 8700 Horsens

Other companies at the same address

Similar companies in Jammerbugt

Questions and answers about FJORD ApS

Has FJORD ApS gone bankrupt?

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

What is the bankruptcy risk of FJORD 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 FJORD ApS?

Karsten Aage Welander Larsen is the CEO of FJORD ApS.

When was FJORD ApS founded?

FJORD ApS was founded on 25 February 2002.

What is the equity of FJORD ApS?

Equity was DKK -865k 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.