KVABS ApS

CVR 27340172 · Private limited company (ApS) · Active · Low risk

KVABS ApS is a Private limited company (ApS), founded on , based in Dragør. The company is registered in the industry selvstændigt udøvende scenekunstnere. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 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 (31 Dec 2025) shows equity of DKK 5.0m and a net result of DKK 1.9m. CEO: Frank Hvam Nielsen.

Bankruptcy risk for KVABS ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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 registered in CVRYes · bankruptcy rate 4.8%0.55×

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
27340172
Status
Active
Company type
Private limited company (ApS)
Founded
(23 years)
Address
c/o Hvam, Dagmarsvej 4
2791 Dragør
Municipality
Dragør
Industry
Selvstændigt udøvende scenekunstnere (902020)
Bankruptcies in the industry: Kunstnerisk skaben
Share capital
DKK 125k
Employees
2 (2018)
Auditor
Kreston CM Statsautoriseret Revisions interessentskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 22
Missing annual reportNo
Negative equityNo
Equity ratio78.6%
Current ratio157%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.2mDKK 3.6mDKK 2.2m
Net profitDKK 1.9mDKK 2.1mDKK 455k
EquityDKK 5.0mDKK 4.9mDKK 7.8m
Total assetsDKK 6.4mDKK 6.4mDKK 8.4m
CashDKK 1.8mDKK 1.9m–
Short-term debtDKK 1.4mDKK 1.5m–
Tax owedDKK 215kDKK 90k–
Avg. employees02–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · KRESTON CMStatsautoriseret Revisionsinteressentskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024164
1 Jan 2023 – 31 Dec 2023166
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020165
1 Jan 2019 – 31 Dec 2019223 Late
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 2017155
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015141
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 2013152
1 Jan 2012 – 31 Dec 2012147
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010116
1 Jan 2009 – 31 Dec 2009151
1 Jan 2008 – 31 Dec 2008190 Late
1 Jan 2007 – 31 Dec 2007169
1 Jan 2006 – 31 Dec 2006158

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
CEOFrank Hvam NielsenCurrent
Owner (100%)Frank Hvam NielsenCurrent
AuditorKreston CM Statsautoriseret Revisions interessentskabCurrent
AuditorSCR REVISORERNE A/S
AuditorDATOSELSKABET AF 14. OKTOBER 2010 A/S
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
FounderFrank Hvam NielsenCurrent

The CEOs' other companies

Frank Hvam Nielsen – 9 other companies

Address history (5 moves)

c/o Hvam, Dagmarsvej 4, 2791 Dragør
c/o Bøgelund, Fussingsvej 4, st., 2300 København S
Ravnsborggade 2, 1., 2200 København N
Bredgade 19, 2., 1260 København K
Flæsketorvet 75, 2., 1711 København V
Reventlowsgade 30, 1. th, 1651 København V

Employees per year

Number of employees at KVABS ApS per year232011: 220112012: 220122013: 220132014: 220142015: 220152016: 220162017: 320172018: 22018

Other companies at the same address

Questions and answers about KVABS ApS

Has KVABS ApS gone bankrupt?

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

What is the bankruptcy risk of KVABS ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of KVABS ApS?

Frank Hvam Nielsen is the CEO of KVABS ApS.

Who is the auditor of KVABS ApS?

KVABS ApS most recently used Kreston CM Statsautoriseret Revisions interessentskab.

When was KVABS ApS founded?

KVABS ApS was founded on 12 September 2003.

What is the equity of KVABS ApS?

Equity was DKK 5.0m 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.