FRONTLINE ApS

CVR 29619719 · Private limited company (ApS) · Active · Low risk

FRONTLINE ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 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 (31 Dec 2025) shows equity of DKK 957k and a net result of DKK 301k. CEO: Jesper Fagerstedt Lidegaard, Dan Nørskov Vang Madsen.

Bankruptcy risk for FRONTLINE ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
29619719
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Silkeborgvej 14A, st.
7400 Herning
Municipality
Herning
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
2 (2018)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 20
Missing annual reportNo
Negative equityNo
Equity ratio50.1%
Current ratio200%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 942kDKK 577k
Net profitDKK 301kDKK 43k
EquityDKK 957kDKK 656k
Total assetsDKK 1.9mDKK 1.5m
CashDKK 1.2m–
Short-term debtDKK 953k–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019156
1 Jan 2018 – 31 Dec 2018172
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016172
1 Jan 2015 – 31 Dec 2015173
1 Jan 2014 – 31 Dec 2014184 Late
1 Jan 2013 – 31 Dec 2013174
1 Jan 2012 – 31 Dec 2012171
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010207 Late
1 Jan 2009 – 31 Dec 2009174
1 Jan 2008 – 31 Dec 2008173
1 Jan 2007 – 31 Dec 2007183
16 Jun 2006 – 31 Dec 2006192 Late

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
CEOJesper Fagerstedt LidegaardCurrent
CEODan Nørskov Vang MadsenCurrent
Owner (50%)JESPER LIDEGAARD HOLDING ApSCurrent
Owner (50%)DANTELL HOLDING ApSCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderJESPER LIDEGAARD HOLDING ApSCurrent
FounderDANTELL A/SCurrent

The CEOs' other companies

Jesper Fagerstedt Lidegaard – 4 other companies, of which 3 bankrupt

Dan Nørskov Vang Madsen – 10 other companies

Address history (1 moves)

Silkeborgvej 14A, st., 7400 Herning
Silkeborgvej 14, 7400 Herning

Employees per year

Number of employees at FRONTLINE ApS per year232011: 320112012: 220122013: 320132014: 220142015: 220152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Herning

Questions and answers about FRONTLINE ApS

Has FRONTLINE ApS gone bankrupt?

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

What is the bankruptcy risk of FRONTLINE ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of FRONTLINE ApS?

Jesper Fagerstedt Lidegaard, Dan Nørskov Vang Madsen are the CEOs of FRONTLINE ApS.

Who is the auditor of FRONTLINE ApS?

FRONTLINE ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was FRONTLINE ApS founded?

FRONTLINE ApS was founded on 16 June 2006.

What is the equity of FRONTLINE ApS?

Equity was DKK 957k 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.