DANISH AFRICAN DEVELOPMENT COMPANY ApS

CVR 29529078 · Private limited company (ApS) · Active · Low risk

DANISH AFRICAN DEVELOPMENT COMPANY ApS is a Private limited company (ApS), founded on , based in Randers NØ. The company is registered in the industry finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 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 -55k and a net result of DKK -9,570. CEO: Peter Emil Bernstorff.

Bankruptcy risk for DANISH AFRICAN DEVELOPMENT COMPANY ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
29529078
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
c/o Gjessinggaard Holding ApS, Udbyhøjvej 496B
8930 Randers NØ
Municipality
Randers
Industry
Finansielle holdingselskaber (642110)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Advisor Revision
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 20
Missing annual reportNo
Negative equityYes
Equity ratio-61.3%
Current ratio62%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -9,574DKK -103kDKK -12k
Net profitDKK -9,570DKK -367kDKK -12k
EquityDKK -55kDKK -45kDKK -6.5m
Total assetsDKK 89kDKK 1,816DKK 76k
CashDKK 89kDKK 1,816–
Short-term debtDKK 144kDKK 47k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Advisor Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023283 Late
1 Jan 2022 – 31 Dec 2022128
1 Jan 2021 – 31 Dec 2021115
1 Jan 2020 – 31 Dec 2020112
1 Jan 2019 – 31 Dec 2019136
1 Jan 2018 – 31 Dec 2018150
1 Jan 2017 – 31 Dec 2017154
1 Jan 2016 – 31 Dec 201627
1 Jan 2015 – 31 Dec 2015116
1 Jan 2014 – 31 Dec 2014103
1 Jan 2013 – 31 Dec 2013168
1 Jan 2012 – 31 Dec 2012113
1 Jan 2011 – 31 Dec 2011152
1 Jan 2010 – 31 Dec 2010142
1 Jan 2009 – 31 Dec 2009154
1 Jan 2008 – 31 Dec 2008160
1 Jan 2007 – 31 Dec 2007168
9 May 2006 – 31 Dec 2006164

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
CEOPeter Emil BernstorffCurrent
CEOAnders Thoustrup
CEOPeter Emil Bernstorff
BoardPeter Emil BernstorffCurrent
BoardPeter Philip TetzlaffCurrent
BoardNikolaj Philip Rathsach TetzlaffCurrent
BoardCarl-Johan BernstorffCurrent
BoardPeter Emil Bernstorff
BoardAnders Thoustrup
BoardAxel Johan Bernstorff
BoardPeter Philip Tetzlaff
BoardNikolaj Philip Rathsach Tetzlaff
BoardCarl-Johan Bernstorff
Owner (50%)FRONTIER HOLDING ApSCurrent
Owner (50%)Gjessinggaard Holding ApSCurrent
Owner (33%)GJESSINGGAARD HOLDING ApS
Owner (33%)EGEVANGEN INVEST ApS
Owner (33%)ABJ Investments
Owner (33%)Gjessinggaard Holding ApS
Owner (33%)FRONTIER HOLDING ApS
AuditorJCN, STATSAUTORISERET REVISIONSAKTIESELSKAB
Auditor18. juni 2024 P/S
FounderGJESSINGGAARD HOLDING ApSCurrent
FounderTHOUSTRUP & OVERGAARD HOLDING A/SCurrent

The CEOs' other companies

Peter Emil Bernstorff – 15 other companies, of which 1 bankrupt

Anders Thoustrup – 32 other companies, of which 4 bankrupt

Address history (2 moves)

c/o Gjessinggaard Holding ApS, Udbyhøjvej 496B, 8930 Randers NØ
c/o Egevangen Invest ApS, Egevangen 3, 8900 Randers C
c/o Egevangen Invest ApS, Egevangen 3, 8900 Randers C

Former names

DANISH AFRICAN DEVELOPMENT COMPANY ApS – now
DANISH AFRICAN DEVELOPMENT COMPANY A/S –

Other companies at the same address

Similar companies in Randers

Questions and answers about DANISH AFRICAN DEVELOPMENT COMPANY ApS

Has DANISH AFRICAN DEVELOPMENT COMPANY ApS gone bankrupt?

No, DANISH AFRICAN DEVELOPMENT COMPANY ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of DANISH AFRICAN DEVELOPMENT COMPANY ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of DANISH AFRICAN DEVELOPMENT COMPANY ApS?

Peter Emil Bernstorff is the CEO of DANISH AFRICAN DEVELOPMENT COMPANY ApS.

Who is the auditor of DANISH AFRICAN DEVELOPMENT COMPANY ApS?

DANISH AFRICAN DEVELOPMENT COMPANY ApS most recently used Advisor Revision.

When was DANISH AFRICAN DEVELOPMENT COMPANY ApS founded?

DANISH AFRICAN DEVELOPMENT COMPANY ApS was founded on 9 May 2006.

What is the equity of DANISH AFRICAN DEVELOPMENT COMPANY ApS?

Equity was DKK -55k 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.