BLUE HORSESHOE GERMANY A/S

CVR 30605756 · Public limited company (A/S) · Active · High risk

BLUE HORSESHOE GERMANY 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 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 10 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 2016) shows equity of DKK 264k and a net result of DKK -10k. CEO: Frede Marstrand Nilakantan.

Bankruptcy risk for BLUE HORSESHOE GERMANY A/S

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Missing annual report (overdue)Yes · bankruptcy rate 35.2%4.0×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
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×
Postcode changes3+ · bankruptcy rate 10.2%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Number of auditors (historical)2 · 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
30605756
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, Registreret Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 10
Missing annual reportYes
Negative equityNo
Equity ratio65.7%
Current ratio–
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20162015
Gross profitDKK -10kDKK -7,500
Net profitDKK -10kDKK -101k
EquityDKK 264kDKK 274k
Total assetsDKK 402kDKK 402k
Short-term debtDKK 65k–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision Sjælland, Registreret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2016 – 31 Dec 2016160
1 Jan 2015 – 31 Dec 2015193 Late
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013177
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011183
1 Jan 2010 – 31 Dec 2010165
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008181
7 Jun 2007 – 31 Dec 2007172

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
CEOEskil Peter Lund
BoardFrede Marstrand NilakantanCurrent
BoardJes Balu Nilakantan
BoardMads Nannestad Møller
BoardEskil Peter Lund
BoardBirgit Nilakantan
BoardKenneth Douglas Plummer
BoardPeter Kim Broadbent Danielsen
Owner (100%)BLUE HORSESHOE A/SCurrent
Owner (50%)ADMAN ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderADMAN ApSCurrent
FounderBLUE HORSESHOE A/SCurrent

The CEOs' other companies

Frede Marstrand Nilakantan – 2 other companies

Eskil Peter Lund – 42 other companies, of which 6 bankrupt

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, 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 GERMANY A/S

Has BLUE HORSESHOE GERMANY A/S gone bankrupt?

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

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

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of BLUE HORSESHOE GERMANY A/S?

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

Who is the auditor of BLUE HORSESHOE GERMANY A/S?

BLUE HORSESHOE GERMANY A/S most recently used Revision Sjælland, Registreret Revisionsaktieselskab.

When was BLUE HORSESHOE GERMANY A/S founded?

BLUE HORSESHOE GERMANY A/S was founded on 7 June 2007.

What is the equity of BLUE HORSESHOE GERMANY A/S?

Equity was DKK 264k according to the annual report for the period ending 31 December 2016.

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