SANDGAARD INVEST ApS

CVR 31159520 · Private limited company (ApS) · Active · Low risk

SANDGAARD INVEST ApS is a Private limited company (ApS), founded on , based in Brædstrup. The company is registered in the industry investering for egen regning. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 18 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 2025) shows equity of DKK 1.4m and a net result of DKK 67k. CEO: Michael Sandgaard.

Bankruptcy risk for SANDGAARD INVEST ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×

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
31159520
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
c/o Sandgaard Invest Aps, Smedebakken 8A
8740 Brædstrup
Municipality
Horsens
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
RevisionsFirmaet Edelbo Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 18
Missing annual reportNo
Negative equityNo
Equity ratio98.5%
Current ratio6,539%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Net profitDKK 67kDKK 217kDKK 167k
EquityDKK 1.4mDKK 1.8mDKK 1.8m
Total assetsDKK 1.5mDKK 1.8mDKK 1.8m
CashDKK 6,261DKK 415k–
Short-term debtDKK 22k––
Tax owedDKK 0DKK 4,554–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RevisionsFirmaet Edelbo Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025114
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023149
1 Jan 2022 – 31 Dec 2022167
1 Jan 2021 – 31 Dec 2021151
1 Jan 2020 – 31 Dec 2020165
1 Jan 2019 – 31 Dec 2019170
1 Jan 2018 – 31 Dec 2018127
1 Jan 2017 – 31 Dec 2017261 Late
1 Jan 2016 – 31 Dec 2016170
1 Jan 2015 – 31 Dec 2015175
1 Jan 2014 – 31 Dec 2014161
1 Jan 2013 – 31 Dec 2013165
1 Jan 2012 – 31 Dec 2012161
1 Jan 2011 – 31 Dec 2011172
1 Jan 2010 – 31 Dec 2010171
1 Jan 2009 – 31 Dec 2009168
26 Nov 2007 – 31 Dec 2008175

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
CEOMichael SandgaardCurrent
CEOMichael Sandgaard
Owner (100%)Michael SandgaardCurrent
AuditorRevisions Firmaet Edelbo Statsautoriseret Revisionsvirksomhed I/S
AuditorREVISIONSFIRMAET EDELBO STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMichael SandgaardCurrent

Address history (1 moves)

c/o Sandgaard Invest Aps, Smedebakken 8A, 8740 Brædstrup
Ålholmvej 85, 7400 Herning

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Questions and answers about SANDGAARD INVEST ApS

Has SANDGAARD INVEST ApS gone bankrupt?

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

What is the bankruptcy risk of SANDGAARD INVEST ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of SANDGAARD INVEST ApS?

Michael Sandgaard is the CEO of SANDGAARD INVEST ApS.

Who is the auditor of SANDGAARD INVEST ApS?

SANDGAARD INVEST ApS most recently used RevisionsFirmaet Edelbo Statsautoriseret Revisionspartnerselskab.

When was SANDGAARD INVEST ApS founded?

SANDGAARD INVEST ApS was founded on 26 November 2007.

What is the equity of SANDGAARD INVEST ApS?

Equity was DKK 1.4m 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.