KURT FOGED NIELSEN ApS

CVR 26642671 · Private limited company (ApS) · Active · Low risk

KURT FOGED NIELSEN ApS is a Private limited company (ApS), founded on , based in Holbæk. The company is registered in the industry detailhandel med dagligvarer i supermarkeder og købmandsbutikker. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 Sep 2025) shows equity of DKK 1.7m and a net result of DKK -1.0m. CEO: Kurt Foged Nielsen.

Bankruptcy risk for KURT FOGED NIELSEN ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
26642671
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
c/o Kurt Foged Nielsen, Kanalstræde 5, 2. 5
4300 Holbæk
Municipality
Holbæk
Industry
Detailhandel med dagligvarer i supermarkeder og købmandsbutikker (471120)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 1.9m
Employees
17 (2018)
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 23
Missing annual reportNo
Negative equityNo
Equity ratio82.2%
Current ratio272%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -194kDKK -209k
Net profitDKK -1.0mDKK -2.3m
EquityDKK 1.7mDKK 6.7m
Total assetsDKK 2.1mDKK 7.1m
CashDKK 703k–
Short-term debtDKK 368k–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025140
1 Oct 2023 – 30 Sep 2024170
1 Oct 2022 – 30 Sep 202376
1 Oct 2021 – 30 Sep 2022181
1 Oct 2020 – 30 Sep 2021151
1 Oct 2019 – 30 Sep 2020148
1 Oct 2018 – 30 Sep 2019151
1 Oct 2017 – 30 Sep 2018142
1 Oct 2016 – 30 Sep 2017151
1 Jan 2015 – 31 Dec 2015123
1 Jan 2014 – 31 Dec 2014191 Late
1 Jan 2013 – 31 Dec 2013206 Late
1 Jan 2012 – 31 Dec 2012180
1 Jan 2011 – 31 Dec 2011215 Late
1 Jan 2010 – 31 Dec 2010172
1 Jan 2009 – 31 Dec 2009151
1 Jan 2008 – 31 Dec 2008225 Late
1 Jan 2007 – 31 Dec 2007176
1 Jan 2006 – 31 Dec 2006176
1 Jan 2005 – 31 Dec 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
CEOKurt Foged NielsenCurrent
Owner (100%)KFN 4581 Holding ApSCurrent
Owner (100%)Kurt Foged Nielsen
AuditorErik Faurby
AuditorREVISIONSFIRMAET ERIK FAURBY A/S
AuditorJES REVISION, REGISTRERET REVISIONSANPARTSSELSKAB
AuditorDin Revisor Frederiksberg P/S Godkendte Revisorer
FounderKurt Foged NielsenCurrent

The CEOs' other companies

Kurt Foged Nielsen – 3 other companies

Address history (3 moves)

c/o Kurt Foged Nielsen, Kanalstræde 5, 2. 5, 4300 Holbæk
Kalundborgvej 138, 4300 Holbæk
Smedestræde 9, 4581 Rørvig
Smedestræde 9, 4581 Rørvig

Employees per year

Number of employees at KURT FOGED NIELSEN ApS per year13262011: 1920112012: 1620122013: 2220132014: 2620142015: 2020152016: 2120162017: 1620172018: 172018

Similar companies in Holbæk

Questions and answers about KURT FOGED NIELSEN ApS

Has KURT FOGED NIELSEN ApS gone bankrupt?

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

What is the bankruptcy risk of KURT FOGED NIELSEN ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of KURT FOGED NIELSEN ApS?

Kurt Foged Nielsen is the CEO of KURT FOGED NIELSEN ApS.

Who is the auditor of KURT FOGED NIELSEN ApS?

KURT FOGED NIELSEN ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was KURT FOGED NIELSEN ApS founded?

KURT FOGED NIELSEN ApS was founded on 29 May 2002.

What is the equity of KURT FOGED NIELSEN ApS?

Equity was DKK 1.7m according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.