X-PRESS GROUP ApS

CVR 26903653 · Private limited company (ApS) · Active · Low risk

X-PRESS GROUP ApS is a Private limited company (ApS), founded on 6 December 2002, based in Ikast. The company is registered in the industry fremstilling af underbeklædning. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 7.7m and a net result of DKK -2.9m. CEO: Jack Skaarup Poulsen, Lone Rygaard Jeppesen.

Bankruptcy risk for X-PRESS GROUP 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

Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×

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×

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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: 26903653
Status: Active
Company type: Private limited company (ApS)
Founded: 6 December 2002 (23 years)
Address: Industrivej 50
7430 Ikast
Municipality: Ikast-Brande
Industry: Fremstilling af underbeklædning (142200)
Bankruptcies in the industry: Fremstilling af anden yderbeklædning
Share capital: DKK 2.0m
Employees: 12 (2018)
Auditor: Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out: No

Warning signs

Annual reports filed late	1 of 23
Missing annual report	No
Negative equity	No
Equity ratio	44.3%
Current ratio	99%
Moves (last 2 years)	0
CEO changes in total	3
CEO's previous bankruptcies	0
Other companies at the address	0
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK 55k	DKK 759k	DKK 2.4m
Net profit	DKK -2.9m	DKK -3.0m	DKK -2.5m
Equity	DKK 7.7m	DKK 4.4m	DKK 7.4m
Total assets	DKK 17.4m	DKK 15.7m	DKK 17.3m
Cash	DKK 24k	DKK 44k	–
Short-term debt	DKK 4.9m	DKK 8.7m	–
Avg. employees	7	6	–

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

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	8 Jul 2026	189	Late
1 Jan 2024 – 31 Dec 2024	23 Jun 2025	174
1 Jan 2023 – 31 Dec 2023	26 Jun 2024	178
1 Jan 2022 – 31 Dec 2022	30 Jun 2023	181
1 Jan 2021 – 31 Dec 2021	15 Jun 2022	166
1 Jan 2020 – 31 Dec 2020	31 May 2021	151
1 Jan 2019 – 31 Dec 2019	30 Jun 2020	182
1 Jan 2018 – 31 Dec 2018	14 May 2019	134
1 Jan 2017 – 31 Dec 2017	23 Mar 2018	82
1 Jan 2016 – 31 Dec 2016	19 May 2017	139
1 Jan 2015 – 31 Dec 2015	3 May 2016	124
1 Jan 2014 – 31 Dec 2014	5 May 2015	125
1 Jan 2013 – 31 Dec 2013	20 May 2014	140
1 Jan 2012 – 31 Dec 2012	13 May 2013	133
1 Jan 2011 – 31 Dec 2011	4 Jun 2012	156
1 Jan 2010 – 31 Dec 2010	6 Jun 2011	157
1 Jan 2009 – 31 Dec 2009	25 May 2010	145
1 Jan 2008 – 31 Dec 2008	28 May 2009	148
1 Jan 2007 – 31 Dec 2007	8 Jun 2008	160
1 Jan 2006 – 31 Dec 2006	24 May 2007	144

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

Role	Name	From	To
CEO	Jack Skaarup Poulsen	2 Sep 2003	Current
CEO	Lone Rygaard Jeppesen	3 Oct 2005	Current
CEO	Mogens Kongsgaard	6 Dec 2002	3 Oct 2005
Owner (100%)	WEAR IT HOLDING ApS	1 Apr 2010	Current
Auditor	Partner Revision statsautoriseret revisionsaktieselskab	11 Jan 2023	Current
Auditor	JP FINANS SILKEBORG ApS	6 Dec 2002	3 Oct 2005
Auditor	Partner Revision statsautoriseret revisionsaktieselskab	3 Oct 2005	10 Jan 2023
Founder	OT HOLDING ApS	6 Dec 2002	Current

The CEOs' other companies

Jack Skaarup Poulsen – 3 other companies, of which 1 bankrupt

N. FASHION ApS Bankrupt 20 Feb 2006
VEFA HOLDING A/S Compulsorily dissolved
WEAR IT HOLDING ApS Active

Lone Rygaard Jeppesen – 1 other companies

WEAR IT HOLDING ApS Active

Mogens Kongsgaard – 5 other companies

Address history (3 moves)

9 Apr 2018	Industrivej 50, 7430 Ikast
1 Jan 2007	Industrivej 48, 7430 Ikast
2 Sep 2003	Industrivej 48, 7430 Ikast
6 Dec 2002	Herningvej 29, 8600 Silkeborg

Former names

X-PRESS GROUP ApS	2 Sep 2003 – now
ENTREE ApS	6 Dec 2002 – 1 Sep 2003

Employees per year

Similar companies in Ikast-Brande

Questions and answers about X-PRESS GROUP ApS

Has X-PRESS GROUP ApS gone bankrupt?

No, X-PRESS GROUP ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of X-PRESS GROUP 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 X-PRESS GROUP ApS?

Jack Skaarup Poulsen, Lone Rygaard Jeppesen are the CEOs of X-PRESS GROUP ApS.

Who is the auditor of X-PRESS GROUP ApS?

X-PRESS GROUP ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was X-PRESS GROUP ApS founded?

X-PRESS GROUP ApS was founded on 6 December 2002.

What is the equity of X-PRESS GROUP ApS?

Equity was DKK 7.7m 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.