GRUNOW DEVELOPMENT ApS

CVR 27133967 · Private limited company (ApS) · Active · Low risk

GRUNOW DEVELOPMENT ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry udlejning af erhvervsejendomme. 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, 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 14.7m and a net result of DKK 2.7m. CEO: Kenneth Michael Grunow.

Bankruptcy risk for GRUNOW DEVELOPMENT 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

Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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
27133967
Status
Active
Company type
Private limited company (ApS)
Founded
(23 years)
Address
Amerika Plads 26A, st.
2100 København Ø
Municipality
København
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 125k
Employees
4 (2018)
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 23
Missing annual reportNo
Negative equityNo
Equity ratio30.2%
Current ratio51%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address25
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.6mDKK 4.0m
Net profitDKK 2.7mDKK 1.0m
EquityDKK 14.7mDKK 14.8m
Total assetsDKK 48.6mDKK 48.5m
CashDKK 0–
Short-term debtDKK 3.4m–
Tax owedDKK 473k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025127
1 Jan 2024 – 31 Dec 202450
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 202297
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 202042
1 Jan 2019 – 31 Dec 2019140
1 Jan 2018 – 31 Dec 2018147
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015140
1 Jan 2014 – 31 Dec 2014151
1 Jan 2013 – 31 Dec 2013149
1 Jan 2012 – 31 Dec 2012123
1 Jan 2011 – 31 Dec 2011145
1 Jan 2010 – 31 Dec 2010101
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 2008158
1 Jan 2007 – 31 Dec 2007143
1 Jan 2006 – 31 Dec 2006120

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
CEOKenneth Michael GrunowCurrent
Owner (100%)GRUNOW HOLDING ApSCurrent
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorKamper + Andersen, godkendt revisionsaktieselskab
FounderRUNE KAUP HOLDING ApSCurrent
FounderGRUNOW HOLDING ApSCurrent

The CEOs' other companies

Kenneth Michael Grunow – 32 other companies, of which 2 bankrupt

Address history (6 moves)

Amerika Plads 26A, st., 2100 København Ø
Toldbodgade 11, 4800 Nykøbing F
Københavnsvej 11, 4800 Nykøbing F
Ndr Ringvej 2, 4800 Nykøbing F
Ndr Ringvej 2,
c/o Grunow Holding ApS, Fuglehaven 51, 4800 Nykøbing F
Gaabensevej 123 a, 4800 Nykøbing F

Former names

GRUNOW DEVELOPMENT ApS – now
KR EJENDOMME, NYKØBING F. ApS –

Employees per year

Number of employees at GRUNOW DEVELOPMENT ApS per year242011: 020112012: 120122013: 220132014: 120142015: 220152016: 320162017: 320172018: 42018

Other companies at the same address

Similar companies in København

Questions and answers about GRUNOW DEVELOPMENT ApS

Has GRUNOW DEVELOPMENT ApS gone bankrupt?

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

What is the bankruptcy risk of GRUNOW DEVELOPMENT 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 GRUNOW DEVELOPMENT ApS?

Kenneth Michael Grunow is the CEO of GRUNOW DEVELOPMENT ApS.

Who is the auditor of GRUNOW DEVELOPMENT ApS?

GRUNOW DEVELOPMENT ApS most recently used AIDER Godkendt Revisionsaktieselskab.

When was GRUNOW DEVELOPMENT ApS founded?

GRUNOW DEVELOPMENT ApS was founded on 1 May 2003.

What is the equity of GRUNOW DEVELOPMENT ApS?

Equity was DKK 14.7m 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.