Glarvig ApS

CVR 31050154 · Private limited company (ApS) · Active · High risk

Glarvig ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry anden bygningsfærdiggørelse. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 18 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -397k and a net result of DKK -835k. CEO: Martin Kaae Glarvig.

Bankruptcy risk for Glarvig ApS

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

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
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×

Reduces the risk

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×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor resigned in the last yearYes · 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
31050154
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
c/o Martin K. Glarvig, Amsterdamvej 14
2300 København S
Municipality
København
Industry
Anden bygningsfærdiggørelse (433500)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
0 (2018)
Auditor
Trekroner Revision A/S
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 18
Missing annual reportNo
Negative equityYes
Equity ratio-4.9%
Current ratio105%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 259kDKK 405kDKK 593k
Net profitDKK -835kDKK -639kDKK -495k
EquityDKK -397kDKK 438kDKK -1.1m
Total assetsDKK 8.1mDKK 8.4mDKK 9.2m
CashDKK 3,950DKK 0–
Short-term debtDKK 555kDKK 351k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Trekroner Revision A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025189 Late
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023193 Late
1 Jan 2022 – 31 Dec 2022199 Late
1 Jan 2021 – 31 Dec 202176
1 Jan 2020 – 31 Dec 2020154
1 Jan 2019 – 31 Dec 2019133
1 Jan 2018 – 31 Dec 2018120
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016124
1 Jan 2015 – 31 Dec 2015105
1 Jan 2014 – 31 Dec 2014159
1 Jan 2013 – 31 Dec 201341
1 Jan 2012 – 31 Dec 201262
1 Jan 2011 – 31 Dec 2011164
1 Jan 2010 – 31 Dec 2010124
1 Jan 2009 – 31 Dec 2009151
1 Nov 2007 – 31 Dec 2008159

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
CEOMartin Kaae GlarvigCurrent
BoardMartin Kaae GlarvigCurrent
Owner (100%)GLARVIG HOLDING ApSCurrent
AuditorROBIN LERCKE & PARTNERE REGISTRERET REVISIONSANPARTSSELSKAB
AuditorTIMEVISION FREDERIKSBERG GODKENDT REVISIONSAKTIESELSKAB
AuditorMJAKP2 I/S
AuditorMJAKP P/S
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
AuditorTREKRONER REVISION A/S - GODKENDTE REVISORER
FounderGLARVIG HOLDING ApSCurrent

The CEOs' other companies

Martin Kaae Glarvig – 8 other companies

Address history (0 moves)

c/o Martin K. Glarvig, Amsterdamvej 14, 2300 København S

Former names

Glarvig ApS – now
GLARVIG EJENDOMME ApS –

Employees per year

Number of employees at Glarvig ApS per year112013: 120132014: 020142015: 020152017: 120172018: 02018

Other companies at the same address

Similar companies in København

Questions and answers about Glarvig ApS

Has Glarvig ApS gone bankrupt?

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

What is the bankruptcy risk of Glarvig ApS?

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 Glarvig ApS?

Martin Kaae Glarvig is the CEO of Glarvig ApS.

Who is the auditor of Glarvig ApS?

Glarvig ApS most recently used Trekroner Revision A/S.

When was Glarvig ApS founded?

Glarvig ApS was founded on 1 November 2007.

What is the equity of Glarvig ApS?

Equity was DKK -397k 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.