QUADS ApS

CVR 29692335 · Private limited company (ApS) · Active · Low risk

QUADS ApS is a Private limited company (ApS), founded on , based in Farsø. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 19 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 200k and a net result of DKK -10k. CEO: Thorsten Sander.

Bankruptcy risk for QUADS ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
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×
Loss for the yearYes · bankruptcy rate 10.3%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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
29692335
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Nordvestvej 1
9640 Farsø
Municipality
Vesthimmerlands
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 51k
Employees
1 (2007)
Auditor
RéVision+
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 19
Missing annual reportNo
Negative equityNo
Equity ratio87.7%
Current ratio26%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies2
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -2,624DKK -2,251
Net profitDKK -10kDKK -126k
EquityDKK 200kDKK 210k
Total assetsDKK 228kDKK 235k
CashDKK 273–
Short-term debtDKK 28k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025116
1 Jul 2023 – 30 Jun 2024134
1 Jul 2022 – 30 Jun 2023108
1 Jul 2021 – 30 Jun 202254
1 Jul 2020 – 30 Jun 2021167
1 Jul 2019 – 30 Jun 2020182
1 Jul 2018 – 30 Jun 2019157
1 Jul 2017 – 30 Jun 2018100
1 Jul 2016 – 30 Jun 2017132
1 Jul 2015 – 30 Jun 201676
1 Jul 2014 – 30 Jun 2015121
1 Jul 2013 – 30 Jun 2014134
1 Jan 2012 – 30 Jun 2013148
1 Jan 2011 – 31 Dec 2011138
1 Jan 2010 – 31 Dec 2010155
1 Jan 2009 – 31 Dec 2009150
1 Jan 2008 – 31 Dec 2008174
1 Jan 2007 – 31 Dec 2007169
17 Jul 2006 – 31 Dec 2006330 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
CEOThorsten SanderCurrent
CEOThorsten Sander
BoardThorsten Sander
BoardAndrew Dymock
BoardMagnus Skrabeklev
BoardKristian Skrabeklev
Owner (100%)Thorsten SanderCurrent
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderSKRABE HOLDING ApSCurrent
FounderJTT HOLDING ApSCurrent
FounderAAO HOLDING ApSCurrent
FounderWILLIAM WALLACE HOLDING ApSCurrent

The CEOs' other companies

Thorsten Sander – 5 other companies, of which 3 bankrupt

Address history (2 moves)

Nordvestvej 1, 9640 Farsø
c/o Thorsten Sander, Bygmarken 49, 9670 Løgstør
c/o Thorsten Sander, Bygmarken 49, 9670 Løgstør

Former names

QUADS ApS – now
QUADS A/S –

Employees per year

Number of employees at QUADS ApS per year112006: 120062007: 12007

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about QUADS ApS

Has QUADS ApS gone bankrupt?

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

What is the bankruptcy risk of QUADS ApS?

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

Who is the CEO of QUADS ApS?

Thorsten Sander is the CEO of QUADS ApS.

Who is the auditor of QUADS ApS?

QUADS ApS most recently used RéVision+.

When was QUADS ApS founded?

QUADS ApS was founded on 17 July 2006.

What is the equity of QUADS ApS?

Equity was DKK 200k 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.