CADOVIUS ApS

CVR 26655420 · Private limited company (ApS) · Active · Very high risk

CADOVIUS ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 11.0% over the next 12 months, which is 7.8 times the average for Danish companies. 20 annual reports have been published, of which 1 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 -325k. CEO: Jacob Cadovius, Jesper Skjødt.

Bankruptcy risk for CADOVIUS ApS

11.0%
probability of bankruptcy within 12 months
Very high risk

7.8 × the average (1.41%) · higher risk than 97% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
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×
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×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
26655420
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
Klokkehøj 46
7400 Herning
Municipality
Herning
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 125k
Employees
10 (2018)
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 23
Missing annual reportNo
Negative equityYes
Equity ratio-5,532.4%
Current ratio2%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 558kDKK 1.1mDKK 2.0m
Net profitDKK -325kDKK -1.3mDKK -873k
EquityDKK -1.7mDKK -1.4mDKK -62k
Total assetsDKK 31kDKK 1.4mDKK 2.8m
CashDKK 13kDKK 120k–
Short-term debtDKK 1.7mDKK 2.8m–
Avg. employees26–

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 2025182
1 Oct 2023 – 30 Sep 2024154
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022161
1 Oct 2020 – 30 Sep 2021118
1 Oct 2019 – 30 Sep 2020152
1 Oct 2018 – 30 Sep 2019105
1 Oct 2017 – 30 Sep 201880
1 Oct 2016 – 30 Sep 201780
1 Oct 2015 – 30 Sep 201667
1 Oct 2014 – 30 Sep 201564
1 Oct 2013 – 30 Sep 201472
1 Oct 2012 – 30 Sep 2013115
1 Oct 2011 – 30 Sep 2012131
1 Oct 2010 – 30 Sep 2011122
1 Oct 2009 – 30 Sep 2010146
1 Oct 2008 – 30 Sep 2009120
1 Oct 2007 – 30 Sep 2008124
1 Oct 2006 – 30 Sep 2007122
1 Oct 2005 – 30 Sep 2006117

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
CEOJacob CadoviusCurrent
CEOJesper SkjødtCurrent
CEOErik Lund
Owner (67%)Nexus 365 ApSCurrent
Owner (20%)J. SKJØDT HOLDING ApSCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderBS INVEST AF 1992 A/SCurrent

The CEOs' other companies

Jacob Cadovius – 10 other companies, of which 1 bankrupt

Jesper Skjødt – 2 other companies

Erik Lund – 24 other companies, of which 2 bankrupt

Address history (4 moves)

Klokkehøj 46, 7400 Herning
Vestertorp 9, 7400 Herning
Jakob Knudsens Vej 37, 7400 Herning
Bredgade 7, 7400 Herning
c/o ADVOKAT A/S KIRK LARSEN & ASCANIUS, Torvet 21, 6701 Esbjerg

Former names

CADOVIUS ApS – now
LUC 117 ApS –

Employees per year

Number of employees at CADOVIUS ApS per year10202011: 1620112012: 1620122013: 1620132014: 2020142015: 1420152016: 1520162017: 1420172018: 102018

Other companies at the same address

Similar companies in Herning

Questions and answers about CADOVIUS ApS

Has CADOVIUS ApS gone bankrupt?

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

What is the bankruptcy risk of CADOVIUS ApS?

Our model estimates a bankruptcy risk of 11.0% over the next 12 months (very high risk), which is 7.8 times the average for Danish companies.

Who is the CEO of CADOVIUS ApS?

Jacob Cadovius, Jesper Skjødt are the CEOs of CADOVIUS ApS.

Who is the auditor of CADOVIUS ApS?

CADOVIUS ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was CADOVIUS ApS founded?

CADOVIUS ApS was founded on 18 June 2002.

What is the equity of CADOVIUS 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.