GARMIN DANMARK EJENDOMME ApS

CVR 30520165 · Private limited company (ApS) · Active · Low risk

GARMIN DANMARK EJENDOMME ApS is a Private limited company (ApS), founded on , based in Ballerup. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 18 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 13.0m and a net result of DKK 1.1m. CEO: Jan-Åke Arenäs, Sean Biddlecombe, Jonathan Peter Joseph Wagstaff.

Bankruptcy risk for GARMIN DANMARK EJENDOMME 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

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Auditor's statementAndet · bankruptcy rate 0.0%0.00×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · 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
30520165
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Pederstrupvej 82
2750 Ballerup
Municipality
Ballerup
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 250k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 18
Missing annual reportNo
Negative equityNo
Equity ratio76.1%
Current ratio64%
Moves (last 2 years)1
CEO changes in total10
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.1mDKK 2.4mDKK 2.3m
Net profitDKK 1.1mDKK 1.7mDKK 1.6m
EquityDKK 13.0mDKK 13.9mDKK 14.7m
Total assetsDKK 17.1mDKK 15.9mDKK 16.6m
CashDKK 2.6mDKK 2.0m–
Short-term debtDKK 4.1mDKK 412k–
Tax owedDKK 2.9mDKK 70k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Independent Auditor’s Report · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021174
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018177
1 Jan 2017 – 31 Dec 2017148
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015150
1 Jan 2014 – 31 Dec 2014167
1 Jan 2013 – 31 Dec 2013154
1 Jan 2012 – 31 Dec 2012171
1 Jan 2011 – 31 Dec 2011163
1 Jan 2010 – 31 Dec 201094
1 Jan 2009 – 31 Dec 2009131
11 Jan 2008 – 31 Dec 2008147

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
CEOJan-Åke ArenäsCurrent
CEOSean BiddlecombeCurrent
CEOJonathan Peter Joseph WagstaffCurrent
CEOAndrew Russell Etkind
CEOJonathan Peter Joseph Wagstaff
CEOKevin S. Rauckman
CEODoug Boessen
CEOAndrew Russell Etkind
BoardJonathan Peter Joseph WagstaffCurrent
Owner (100%)Garmin Nederland B.V.Current
Owner (100%)Garmin BV
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorEY Danmark A/S
AuditorERNST & YOUNG DENMARK P/S
FounderGARMIN B.V.Current

Address history (1 moves)

Pederstrupvej 82, 2750 Ballerup
Hejrevang 19, 3450 Allerød

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Questions and answers about GARMIN DANMARK EJENDOMME ApS

Has GARMIN DANMARK EJENDOMME ApS gone bankrupt?

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

What is the bankruptcy risk of GARMIN DANMARK EJENDOMME 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 GARMIN DANMARK EJENDOMME ApS?

Jan-Åke Arenäs, Sean Biddlecombe, Jonathan Peter Joseph Wagstaff are the CEOs of GARMIN DANMARK EJENDOMME ApS.

Who is the auditor of GARMIN DANMARK EJENDOMME ApS?

GARMIN DANMARK EJENDOMME ApS most recently used EY Godkendt Revisionspartnerselskab.

When was GARMIN DANMARK EJENDOMME ApS founded?

GARMIN DANMARK EJENDOMME ApS was founded on 11 January 2008.

What is the equity of GARMIN DANMARK EJENDOMME ApS?

Equity was DKK 13.0m 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.