RAMWERK ApS

CVR 30580419 · Private limited company (ApS) · Active · Medium risk

RAMWERK ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry agenturhandel med møbler, husholdningsartikler og isenkram. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 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 (30 Apr 2025) shows equity of DKK 167k and a net result of DKK -165k.

Bankruptcy risk for RAMWERK ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
30580419
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
Rådhustorvet 1A, 2.
8700 Horsens
Municipality
Horsens
Industry
Agenturhandel med møbler, husholdningsartikler og isenkram (461500)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
0 (2018)
Auditor
Redmark, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 18
Missing annual reportNo
Negative equityNo
Equity ratio28.9%
Current ratio122%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address55
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -172kDKK 119k
Net profitDKK -165kDKK 59k
EquityDKK 167kDKK 332k
Total assetsDKK 578kDKK 702k
CashDKK 91k–
Short-term debtDKK 411k–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025197 Late
1 May 2023 – 30 Apr 2024195 Late
1 May 2022 – 30 Apr 202374
1 May 2021 – 30 Apr 2022145
1 May 2020 – 30 Apr 2021151
1 May 2019 – 30 Apr 2020140
1 May 2018 – 30 Apr 2019153
1 May 2017 – 30 Apr 2018164
1 May 2016 – 30 Apr 2017145
1 May 2015 – 30 Apr 2016145
1 May 2014 – 30 Apr 2015152
1 May 2013 – 30 Apr 2014152
1 May 2012 – 30 Apr 2013146
1 May 2011 – 30 Apr 2012157
1 May 2010 – 30 Apr 2011121
1 May 2009 – 30 Apr 2010146
1 May 2008 – 30 Apr 2009160
1 May 2007 – 30 Apr 200819

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 Grundtvig
Owner (100%)Morten Munk JensenCurrent
Owner (100%)GRUNDTVIG INVEST A/S
AuditorJOKE, RANDERS A/S
Auditor18. juni 2024 P/S
FounderGRUNDTVIG INVEST A/SCurrent

The CEOs' other companies

Lars Grundtvig – 31 other companies, of which 2 bankrupt

Address history (6 moves)

Rådhustorvet 1A, 2., 8700 Horsens
Houmannsgade 8A, 5. 73, 8700 Horsens
Carl Johans Gade 8, 8700 Horsens
Allegade 2, 2., 8700 Horsens
Industrivej 1, 7120 Vejle Øst
Viborgvej 203, 8210 Aarhus V
Lykkensdalsvej 10, 8220 Brabrand

Former names

RAMWERK ApS – now
LIVINGdk ApS –
YOUNG LIVING ApS –
YOUNG LIVING GROUP ApS –
GI II ApS –

Employees per year

Number of employees at RAMWERK ApS per year232011: 120112012: 320122013: 320132014: 320142015: 320152016: 220162017: 120172018: 02018

Other companies at the same address

Similar companies in Horsens

Questions and answers about RAMWERK ApS

Has RAMWERK ApS gone bankrupt?

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

What is the bankruptcy risk of RAMWERK ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the auditor of RAMWERK ApS?

RAMWERK ApS most recently used Redmark, Godkendt Revisionspartnerselskab.

When was RAMWERK ApS founded?

RAMWERK ApS was founded on 1 May 2007.

What is the equity of RAMWERK ApS?

Equity was DKK 167k according to the annual report for the period ending 30 April 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.