BLUE HORSESHOE A/S

CVR 30604261 · Public limited company (A/S) · Active · Very high risk

BLUE HORSESHOE A/S is a Public limited company (A/S), founded on , based in Hellerup. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 21.6% over the next 12 months, which is 15.3 times the average for Danish companies. 10 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2017) shows equity of DKK 143k and a net result of DKK 225k. CEO: Frede Marstrand Nilakantan.

Bankruptcy risk for BLUE HORSESHOE A/S

21.6%
probability of bankruptcy within 12 months
Very high risk

15.3 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

Missing annual report (overdue)Yes · bankruptcy rate 35.2%4.0×
Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Municipality changes3+ · bankruptcy rate 10.6%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×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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
30604261
Status
Active
Company type
Public limited company (A/S)
Founded
(19 years)
Address
c/o Frede Sylvester M Nilakantan, Aurehøjvej 1, 3. tv
2900 Hellerup
Municipality
Gentofte
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 500k
Auditor
REVISION SJÆLLAND GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 10
Missing annual reportYes
Negative equityNo
Equity ratio56.8%
Current ratio–
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyYes

Financials and key figures

Financial year20172016
Gross profitDKK -22kDKK -15k
Net profitDKK 225kDKK -21k
EquityDKK 143kDKK -81k
Total assetsDKK 253kDKK 0
Short-term debtDKK 109k–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Revision Sjælland, Registreret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2016 – 30 Jun 2017173
1 Jul 2015 – 30 Jun 2016271 Late
1 Jul 2014 – 30 Jun 201579
1 Jul 2013 – 30 Jun 2014158
1 Jul 2012 – 30 Jun 2013174
1 Jul 2011 – 30 Jun 2012171
1 Jul 2010 – 30 Jun 2011172
1 Jul 2009 – 30 Jun 2010167
1 Jul 2008 – 30 Jun 2009189 Late
6 Jun 2007 – 30 Jun 2008171

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
CEOFrede Marstrand NilakantanCurrent
BoardFrede Marstrand NilakantanCurrent
BoardJes Balu Nilakantan
BoardEskil Peter Lund
BoardChristian Engelsen
BoardMads Nannestad Møller
BoardEskil Peter Lund
BoardBirgit Nilakantan
BoardKenneth Douglas Plummer
BoardKenneth Douglas Plummer
BoardPeter Kim Broadbent Danielsen
Owner (100%)Frede Marstrand NilakantanCurrent
AuditorREVISION SJÆLLAND GODKENDT REVISIONSAKTIESELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderDIGIDEO ApSCurrent

The CEOs' other companies

Frede Marstrand Nilakantan – 2 other companies

Address history (4 moves)

c/o Frede Sylvester M Nilakantan, Aurehøjvej 1, 3. tv, 2900 Hellerup
c/o Frede Sylvester M Nilakantan, Aurehøjvej 1, 3. tv, 2900 Hellerup
Amaliegade 28, 1256 København K
c/o Ret&Råd, Hovedgaden 47, 2., 2970 Hørsholm
c/o Nilakantan, Margrethevej 33, 1., 2900 Hellerup

Other companies at the same address

Similar companies in Gentofte

Questions and answers about BLUE HORSESHOE A/S

Has BLUE HORSESHOE A/S gone bankrupt?

No, BLUE HORSESHOE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of BLUE HORSESHOE A/S?

Our model estimates a bankruptcy risk of 21.6% over the next 12 months (very high risk), which is 15.3 times the average for Danish companies.

Who is the CEO of BLUE HORSESHOE A/S?

Frede Marstrand Nilakantan is the CEO of BLUE HORSESHOE A/S.

Who is the auditor of BLUE HORSESHOE A/S?

BLUE HORSESHOE A/S most recently used REVISION SJÆLLAND GODKENDT REVISIONSAKTIESELSKAB.

When was BLUE HORSESHOE A/S founded?

BLUE HORSESHOE A/S was founded on 6 June 2007.

What is the equity of BLUE HORSESHOE A/S?

Equity was DKK 143k according to the annual report for the period ending 30 June 2017.

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