PROMOTION BAG ApS

CVR 30359305 · Private limited company (ApS) · Active · Low risk

PROMOTION BAG ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry engroshandel med andre råvarer og halvfabrikata. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 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 (31 Dec 2025) shows equity of DKK 3.9m and a net result of DKK 1.8m. CEO: Lars Huusmann Grønkjær.

Bankruptcy risk for PROMOTION BAG ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
30359305
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
Ragnagade 7
2100 København Ø
Municipality
København
Industry
Engroshandel med andre råvarer og halvfabrikata (468600)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
3 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 19
Missing annual reportNo
Negative equityNo
Equity ratio57.5%
Current ratio239%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address92
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.3mDKK 3.8mDKK 3.1m
Net profitDKK 1.8mDKK 1.4mDKK 395k
EquityDKK 3.9mDKK 2.8mDKK 2.9m
Total assetsDKK 6.7mDKK 9.6mDKK 8.3m
CashDKK 3.7mDKK 3.8m–
Short-term debtDKK 2.8mDKK 4.2m–
Tax owedDKK 402kDKK 368k–
Avg. employees54–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 202492
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022167
1 Jan 2021 – 31 Dec 2021160
1 Jan 2020 – 31 Dec 2020154
1 Jan 2019 – 31 Dec 2019182
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017157
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015125
1 Jan 2014 – 31 Dec 2014133
1 Jan 2013 – 31 Dec 2013146
1 Jan 2012 – 31 Dec 2012173
1 Jan 2011 – 31 Dec 2011157
1 Jan 2010 – 31 Dec 2010207 Late
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008160
15 Mar 2007 – 31 Dec 2007167

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
CEOLars Huusmann GrønkjærCurrent
Owner (100%)1981 HOLDING ApSCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorJS REVISION A/S
AuditorJS Revision ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
FounderMichael Halborg-BendtsenCurrent
FounderLars Huusmann GrønkjærCurrent

The CEOs' other companies

Lars Huusmann Grønkjær – 4 other companies

Address history (2 moves)

Ragnagade 7, 2100 København Ø
Aldersrogade 6G, 2100 København Ø
Blegdamsvej 28E, 2200 København N

Employees per year

Number of employees at PROMOTION BAG ApS per year232011: 220112012: 220122013: 220132014: 220142015: 220152016: 220162017: 320172018: 32018

Other companies at the same address

Similar companies in København

Questions and answers about PROMOTION BAG ApS

Has PROMOTION BAG ApS gone bankrupt?

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

What is the bankruptcy risk of PROMOTION BAG ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of PROMOTION BAG ApS?

Lars Huusmann Grønkjær is the CEO of PROMOTION BAG ApS.

Who is the auditor of PROMOTION BAG ApS?

PROMOTION BAG ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was PROMOTION BAG ApS founded?

PROMOTION BAG ApS was founded on 15 March 2007.

What is the equity of PROMOTION BAG ApS?

Equity was DKK 3.9m 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.