CONDOWS ApS

CVR 31281857 · Private limited company (ApS) · Active · Low risk

CONDOWS ApS is a Private limited company (ApS), founded on , based in Aalborg SØ. The company is registered in the industry anden udlejning af boliger. 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. The latest annual report (31 Dec 2025) shows equity of DKK 6.2m and a net result of DKK 88k. CEO: Michael Guldbæk Karlsen.

Bankruptcy risk for CONDOWS 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
31281857
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
c/o Michael Guldbæk Karlsen, Mylius Erichsens Vej 38A
9210 Aalborg SØ
Municipality
Aalborg
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 125k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityNo
Equity ratio35.1%
Current ratio1,477%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 337kDKK 491kDKK 504k
Net profitDKK 88kDKK 263kDKK 229k
EquityDKK 6.2mDKK 6.1mDKK 5.8m
Total assetsDKK 17.6mDKK 17.6mDKK 17.4m
CashDKK 3.4mDKK 3.5m–
Short-term debtDKK 230kDKK 288k–
Tax owed–DKK 33k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024139
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 202177
1 Jan 2020 – 31 Dec 2020162
1 Jan 2019 – 31 Dec 201922
1 Jan 2018 – 31 Dec 2018112
1 Jan 2017 – 31 Dec 2017131
1 Jan 2016 – 31 Dec 2016133
1 Jan 2015 – 31 Dec 2015129
1 Jan 2014 – 31 Dec 2014146
1 Jan 2013 – 31 Dec 2013146
1 Jan 2012 – 31 Dec 2012114
1 Jan 2011 – 31 Dec 2011114
1 Jan 2010 – 31 Dec 2010153
1 Jan 2009 – 31 Dec 2009178
1 Jan 2008 – 31 Dec 2008148

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 Guldbæk KarlsenCurrent
Owner (100%)Michael Guldbæk KarlsenCurrent
FounderMichael Guldbæk KarlsenCurrent

The CEOs' other companies

Michael Guldbæk Karlsen – 4 other companies

Address history (0 moves)

c/o Michael Guldbæk Karlsen, Mylius Erichsens Vej 38A, 9210 Aalborg SØ

Other companies at the same address

Similar companies in Aalborg

Questions and answers about CONDOWS ApS

Has CONDOWS ApS gone bankrupt?

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

What is the bankruptcy risk of CONDOWS 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 CONDOWS ApS?

Michael Guldbæk Karlsen is the CEO of CONDOWS ApS.

When was CONDOWS ApS founded?

CONDOWS ApS was founded on 29 February 2008.

What is the equity of CONDOWS ApS?

Equity was DKK 6.2m 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.