UDVIKLINGSSELSKABET FAABORG ApS

CVR 29181667 · Private limited company (ApS) · Active · Very high risk

UDVIKLINGSSELSKABET FAABORG ApS is a Private limited company (ApS), founded on , based in Svendborg. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 7.2% over the next 12 months, which is 5.1 times the average for Danish companies. 19 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 273k and a net result of DKK 4,683.

Bankruptcy risk for UDVIKLINGSSELSKABET FAABORG ApS

7.2%
probability of bankruptcy within 12 months
Very high risk

5.1 × the average (1.41%) · higher risk than 95% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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
29181667
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Østre Havnevej 35, 1.
5700 Svendborg
Municipality
Svendborg
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 251k
Auditor
REVISIONSFIRMAET EDELBO STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 19
Missing annual reportNo
Negative equityNo
Equity ratio97.3%
Current ratio–
Moves (last 2 years)2
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address24
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -9,700DKK -14k
Net profitDKK 4,683DKK -5,117
EquityDKK 273kDKK 268k
Total assetsDKK 281kDKK 274k
CashDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · RevisionsFirmaet Edelbo.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025190 Late
1 Jul 2023 – 30 Jun 2024173
1 Jul 2022 – 30 Jun 2023182
1 Jul 2021 – 30 Jun 2022186 Late
1 Jul 2020 – 30 Jun 2021127
1 Jul 2019 – 30 Jun 2020115
1 Jul 2018 – 30 Jun 2019127
1 Jul 2017 – 30 Jun 2018134
1 Jul 2016 – 30 Jun 2017143
1 Jul 2015 – 30 Jun 2016153
1 Jul 2014 – 30 Jun 2015153
1 Jul 2013 – 30 Jun 2014154
1 Jul 2012 – 30 Jun 2013155
1 Jul 2011 – 30 Jun 2012153
1 Jul 2010 – 30 Jun 2011132
1 Jul 2009 – 30 Jun 2010102
1 Jul 2008 – 30 Jun 2009114
1 Jan 2007 – 31 Dec 2007169
18 Nov 2005 – 31 Dec 2006107

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
CEOTorben Steen Jeppesen
CEOSteffen Larsen
CEOMads Krarup Kjær
BoardNiels Conrad Højlund Hansen
BoardJens Pave
BoardMads Krarup Kjær
BoardSteffen Larsen
Owner (100%)UDSYN A/SCurrent
AuditorREVISIONSFIRMAET EDELBO STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorLilly Jeppesen
AuditorRevisions Firmaet Edelbo Statsautoriseret Revisionsvirksomhed I/S
FounderSTORAGER ASSET CAPITAL A/SCurrent
FounderTORBEN JEPPESEN HOLDING ApSCurrent

The CEOs' other companies

Torben Steen Jeppesen – 30 other companies, of which 6 bankrupt

Steffen Larsen – 44 other companies, of which 4 bankrupt

Mads Krarup Kjær – 53 other companies, of which 5 bankrupt

Address history (7 moves)

Østre Havnevej 35, 1., 5700 Svendborg
Østre Havnevej 23, 5700 Svendborg
Østre Havnevej 31, 5700 Svendborg
Frederiksø 2, 1., 5700 Svendborg
c/o UDSYN A/S, Østre Havnevej 27, 5700 Svendborg
c/o SEVA, Vestergade 165, 1., 5700 Svendborg
Østre Havnevej 27, 5700 Svendborg
c/o Torben Jeppesen, Erantisvej 5, 5700 Svendborg

Former names

UDVIKLINGSSELSKABET FAABORG ApS – now
STETO INVEST ApS –

Other companies at the same address

Similar companies in Svendborg

Questions and answers about UDVIKLINGSSELSKABET FAABORG ApS

Has UDVIKLINGSSELSKABET FAABORG ApS gone bankrupt?

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

What is the bankruptcy risk of UDVIKLINGSSELSKABET FAABORG ApS?

Our model estimates a bankruptcy risk of 7.2% over the next 12 months (very high risk), which is 5.1 times the average for Danish companies.

Who is the auditor of UDVIKLINGSSELSKABET FAABORG ApS?

UDVIKLINGSSELSKABET FAABORG ApS most recently used REVISIONSFIRMAET EDELBO STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was UDVIKLINGSSELSKABET FAABORG ApS founded?

UDVIKLINGSSELSKABET FAABORG ApS was founded on 18 November 2005.

What is the equity of UDVIKLINGSSELSKABET FAABORG ApS?

Equity was DKK 273k according to the annual report for the period ending 30 June 2025.

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