DAN COAT ApS

CVR 27977375 · Private limited company (ApS) · Active · Medium risk

DAN COAT ApS is a Private limited company (ApS), founded on 20 July 2004, based in Frederikshavn. The company is registered in the industry engroshandel med andre råvarer og halvfabrikata. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 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 191k and a net result of DKK 7,595. CEO: Michael Dalgas.

Bankruptcy risk for DAN COAT ApS

2.3%

probability of bankruptcy within 12 months

Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Audit opted outYes · bankruptcy rate 10.4%1.2×

Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

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

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×

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

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

Negative equityNo · bankruptcy rate 5.1%0.58×

Loss for the yearNo · bankruptcy rate 5.3%0.60×

Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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: 27977375
Status: Active
Company type: Private limited company (ApS)
Founded: 20 July 2004 (22 years)
Address: Holmbovej 35
9900 Frederikshavn
Municipality: Frederikshavn
Industry: Engroshandel med andre råvarer og halvfabrikata (468600)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital: DKK 125k
Audit opted out: Yes

Warning signs

Annual reports filed late	1 of 21
Missing annual report	No
Negative equity	No
Equity ratio	19.6%
Current ratio	–
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 246k	DKK 238k	DKK 97k
Net profit	DKK 7,595	DKK 54k	DKK 47k
Equity	DKK 191k	DKK 183k	DKK 129k
Total assets	DKK 974k	DKK 991k	DKK 1.0m
Short-term debt	DKK 480k	DKK 427k	–
Tax owed	DKK 442	DKK 11k	–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	5 Jun 2026	156
1 Jan 2024 – 31 Dec 2024	5 Jun 2025	156
1 Jan 2023 – 31 Dec 2023	24 Jun 2024	176
1 Jan 2022 – 31 Dec 2022	3 Jun 2023	154
1 Jan 2021 – 31 Dec 2021	30 May 2022	150
1 Jan 2020 – 31 Dec 2020	15 Jun 2021	166
1 Jan 2019 – 31 Dec 2019	22 May 2020	143
1 Jan 2018 – 31 Dec 2018	26 Apr 2019	116
1 Jan 2017 – 31 Dec 2017	26 Apr 2018	116
1 Jan 2016 – 31 Dec 2016	11 May 2017	131
1 Jan 2015 – 31 Dec 2015	1 Apr 2016	92
1 Jan 2014 – 31 Dec 2014	8 May 2015	128
1 Jan 2013 – 31 Dec 2013	11 Mar 2014	70
1 Jan 2012 – 31 Dec 2012	23 Apr 2013	113
1 Jan 2011 – 31 Dec 2011	11 Mar 2012	71
1 Jan 2010 – 31 Dec 2010	17 Aug 2011	229	Late
1 Jan 2009 – 31 Dec 2009	29 Jun 2010	180
1 Jan 2008 – 31 Dec 2008	18 Jun 2009	169
1 Jan 2007 – 31 Dec 2007	28 May 2008	149
1 Jan 2006 – 31 Dec 2006	25 Jun 2007	176

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	Michael Dalgas	5 Sep 2011	Current
CEO	Søren Høy Simonsen	20 Jul 2004	30 Nov 2006
CEO	Niels Miteq Work Graae	20 Jul 2004	16 Jun 2005
Owner (100%)	Michael Dalgas	30 Aug 2011	Current
Auditor	REVISIONVEST STATSAUTORISERET REVISIONSAKTIESELSKAB	20 Jul 2004	30 Jun 2011
Founder	Søren Høy Simonsen	20 Jul 2004	Current
Founder	Niels Miteq Work Graae	20 Jul 2004	Current

The CEOs' other companies

Michael Dalgas – 2 other companies

DIS CENTER ApS Compulsorily dissolved
Tagspær ApS Active

Søren Høy Simonsen – 3 other companies

Niels Miteq Work Graae – 3 other companies

CRUSTATA ApS Fusioneret
DRIFTSSELSKABET FREDERIKSHAVN GOLFBANE ApS Opløst
MITEQ ApS Opløst

Address history (3 moves)

15 Mar 2024	Holmbovej 35, 9900 Frederikshavn
2 Jun 2023	Holmbovej 35, 9900 Frederikshavn
5 Sep 2011	Kringelmosevej 54, 9870 Sindal
20 Jul 2004	Sæbyvej 55, 9900 Frederikshavn

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Questions and answers about DAN COAT ApS

Has DAN COAT ApS gone bankrupt?

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

What is the bankruptcy risk of DAN COAT ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of DAN COAT ApS?

Michael Dalgas is the CEO of DAN COAT ApS.

When was DAN COAT ApS founded?

DAN COAT ApS was founded on 20 July 2004.

What is the equity of DAN COAT ApS?

Equity was DKK 191k 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.