Shores Europe ApS

CVR 28136994 · Private limited company (ApS) · Active · Very high risk

Shores Europe ApS is a Private limited company (ApS), founded on , based in Kruså. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 9.4% over the next 12 months, which is 6.7 times the average for Danish companies. 20 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 218k and a net result of DKK 2,007. CEO: Susan Sadolin.

Bankruptcy risk for Shores Europe ApS

9.4%
probability of bankruptcy within 12 months
Very high risk

6.7 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Website registeredYes · bankruptcy rate 12.0%1.4×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
28136994
Status
Active
Company type
Private limited company (ApS)
Founded
(22 years)
Address
Fjordvejen 94A
6340 Kruså
Municipality
Aabenraa
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
8 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late6 of 21
Missing annual reportNo
Negative equityNo
Equity ratio1.7%
Current ratio132%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 2.5mDKK 3.8mDKK 2.5m
Net profitDKK 2,007DKK 664kDKK 66k
EquityDKK 218kDKK 216kDKK -448k
Total assetsDKK 12.8mDKK 8.7mDKK 10.0m
CashDKK 13kDKK 14k–
Short-term debtDKK 9.4mDKK 5.2m–
Tax owedDKK 3,600––
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025216 Late
1 Oct 2023 – 30 Sep 2024183
1 Oct 2022 – 30 Sep 2023215 Late
1 Oct 2021 – 30 Sep 2022206 Late
1 Oct 2020 – 30 Sep 2021182
1 Oct 2019 – 30 Sep 2020176
1 Oct 2018 – 30 Sep 2019105
1 Oct 2017 – 30 Sep 201894
1 Oct 2016 – 30 Sep 201782
1 Oct 2015 – 30 Sep 2016167
1 Oct 2014 – 30 Sep 2015168
1 Oct 2013 – 30 Sep 2014151
1 Oct 2012 – 30 Sep 2013175
1 Oct 2011 – 30 Sep 2012173
1 Oct 2010 – 30 Sep 2011167
1 Oct 2009 – 30 Sep 2010201 Late
1 Oct 2008 – 30 Sep 2009169
1 Oct 2007 – 30 Sep 2008162
1 Oct 2006 – 30 Sep 2007169
1 Oct 2005 – 30 Sep 2006152

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
CEOSusan SadolinCurrent
CEOMichael Askholm Neumann
BoardSusan SadolinCurrent
BoardMichael Askholm Neumann
BoardSusan Sadolin
BoardDenise Neumann Lauridsen
BoardAndreas Bind-Krenzen
BoardClaus Olsen
BoardPer Søgaard
BoardJohn Ibsen Hansen
Owner (50%)Susan SadolinCurrent
Owner (10%)CLASUS ApSCurrent
Owner (25%)Sottrupskov Holding ApSCurrent
Owner (100%)MN Energy A/S
Owner (67%)Susan Sadolin
Owner (25%)MN Energy A/S
Owner (25%)Per Søgaard
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorSelskabet af den 4. juli 2016 RVT ApS
AuditorDatoselskabet af den 3. juli 2016 RVT P/S
AuditorSØNDERJYLLANDS REVISION STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderTSEH ApSCurrent
FounderMN Energy A/SCurrent

The CEOs' other companies

Susan Sadolin – 7 other companies, of which 1 bankrupt

Michael Askholm Neumann – 22 other companies, of which 5 bankrupt

Address history (7 moves)

Fjordvejen 94A, 6340 Kruså
H P Hanssens Gade 42, 6200 Aabenraa
Grundtvigs Alle 163, 6400 Sønderborg
Sottrupskov 32, 6400 Sønderborg
Sdr. Klintvej 31, 6830 Nørre Nebel
Holmsland Klitvej 10, 6960 Hvide Sande
Sdr. Klintvej 19, 6830 Nørre Nebel
Sdr. Klintvej 19, 6830 Nørre Nebel

Former names

Shores Europe ApS – now
NATURE IN HARMONY ApS –

Employees per year

Number of employees at Shores Europe ApS per year482017: 120172018: 82018

Other companies at the same address

Similar companies in Aabenraa

Questions and answers about Shores Europe ApS

Has Shores Europe ApS gone bankrupt?

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

What is the bankruptcy risk of Shores Europe ApS?

Our model estimates a bankruptcy risk of 9.4% over the next 12 months (very high risk), which is 6.7 times the average for Danish companies.

Who is the CEO of Shores Europe ApS?

Susan Sadolin is the CEO of Shores Europe ApS.

Who is the auditor of Shores Europe ApS?

Shores Europe ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Shores Europe ApS founded?

Shores Europe ApS was founded on 14 October 2004.

What is the equity of Shores Europe ApS?

Equity was DKK 218k according to the annual report for the period ending 30 September 2025.

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