Retail Denmark ApS

CVR 27412793 · Private limited company (ApS) · Active · Medium risk

Retail Denmark ApS is a Private limited company (ApS), founded on , based in Rønde. The company is registered in the industry anden specialiseret engroshandel i.a.n.. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 20 annual reports have been published, of which 11 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK -1.7m and a net result of DKK -784k. CEO: Ulrik Laust Thaarup Nielsen.

Bankruptcy risk for Retail Denmark ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · 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
27412793
Status
Active
Company type
Private limited company (ApS)
Founded
(23 years)
Address
Østergårdsparken 6
8410 Rønde
Municipality
Syddjurs
Industry
Anden specialiseret engroshandel i.a.n. (468900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
0 (2018)
Auditor
Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed
Audit opted out
No

Warning signs

Annual reports filed late11 of 21
Missing annual reportNo
Negative equityYes
Equity ratio-88.3%
Current ratio49%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -230kDKK 223k
Net profitDKK -784kDKK -221k
EquityDKK -1.7mDKK -925k
Total assetsDKK 1.9mDKK 2.1m
CashDKK 12k–
Short-term debtDKK 3.6m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025189 Late
1 May 2023 – 30 Apr 2024198 Late
1 May 2022 – 30 Apr 2023190 Late
1 May 2021 – 30 Apr 2022214 Late
1 May 2020 – 30 Apr 2021185 Late
1 May 2019 – 30 Apr 2020263 Late
1 May 2018 – 30 Apr 2019169
1 May 2017 – 30 Apr 2018189 Late
1 May 2016 – 30 Apr 2017165
1 May 2015 – 30 Apr 2016159
1 May 2014 – 30 Apr 2015167
1 May 2013 – 30 Apr 2014173
1 Oct 2011 – 30 Sep 2012198 Late
1 Oct 2010 – 30 Sep 2011192 Late
1 Oct 2009 – 30 Sep 2010181
1 Oct 2008 – 30 Sep 2009204 Late
1 Oct 2007 – 30 Sep 2008184 Late
1 Oct 2006 – 30 Sep 2007176
1 Oct 2005 – 30 Sep 2006158
1 Oct 2004 – 30 Sep 2005156

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
CEOUlrik Laust Thaarup NielsenCurrent
Owner (100%)RETAIL INVEST ApSCurrent
AuditorDansk Revision Grenaa, Statsautoriseret revisionsvirksomhedCurrent
AuditorREVISION 2 A/S
AuditorDansk Revision Grenaa, Statsautoriseret revisionsvirksomhed
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
FounderRETAIL INVEST ApSCurrent

The CEOs' other companies

Ulrik Laust Thaarup Nielsen – 7 other companies, of which 2 bankrupt

Address history (2 moves)

Østergårdsparken 6, 8410 Rønde
Østergårdsparken 6, 8410 Rønde
Fredensvej 10, 2. tv, 8260 Viby J

Former names

Retail Denmark ApS – now
H.C. Andersen Festfyrværkeri ApS –
RETAIL DENMARK ApS –
NIGO PARTNER RETAIL ApS –

Employees per year

Number of employees at Retail Denmark ApS per year482011: 020112012: 020122013: 020132014: 020142015: 020152016: 820162017: 020172018: 02018

Other companies at the same address

Similar companies in Syddjurs

Questions and answers about Retail Denmark ApS

Has Retail Denmark ApS gone bankrupt?

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

What is the bankruptcy risk of Retail Denmark ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of Retail Denmark ApS?

Ulrik Laust Thaarup Nielsen is the CEO of Retail Denmark ApS.

Who is the auditor of Retail Denmark ApS?

Retail Denmark ApS most recently used Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed.

When was Retail Denmark ApS founded?

Retail Denmark ApS was founded on 28 October 2003.

What is the equity of Retail Denmark ApS?

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

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