KORGAARD HOLDING ApS

CVR 31369266 · Private limited company (ApS) · Active · Low risk

KORGAARD HOLDING ApS is a Private limited company (ApS), founded on , based in Karby. The company is registered in the industry anden finansiel formidling i.a.n.. 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 1.3m and a net result of DKK -5,309. CEO: Erling Korgaard.

Bankruptcy risk for KORGAARD HOLDING 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

CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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

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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
31369266
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Ørndrupvej 40
7960 Karby
Municipality
Morsø
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
Djurs RevisionRegistreret revisionsvirksomhed
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 18
Missing annual reportNo
Negative equityNo
Equity ratio92.0%
Current ratio1,033%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -9,262DKK -9,051DKK -9,978
Net profitDKK -5,309DKK -3,527DKK 1,739
EquityDKK 1.3mDKK 1.4mDKK 1.5m
Total assetsDKK 1.5mDKK 1.5mDKK 1.6m
CashDKK 1.2mDKK 1.2m–
Short-term debtDKK 117kDKK 39k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Djurs RevisionRegistreret revisionsvirksomhed.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 2020146
1 Jan 2019 – 31 Dec 2019189 Late
1 Jan 2018 – 31 Dec 2018142
1 Jan 2017 – 31 Dec 2017149
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015125
1 Jan 2014 – 31 Dec 2014154
1 Jan 2013 – 31 Dec 2013161
1 Jan 2012 – 31 Dec 2012168
1 Jan 2011 – 31 Dec 2011155
1 Jan 2010 – 31 Dec 2010159
1 Jan 2009 – 31 Dec 2009167
8 Apr 2008 – 31 Dec 2008160

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
CEOErling KorgaardCurrent
Owner (100%)Erling KorgaardCurrent
AuditorDjurs Revision v/ Peter Engvang
FounderErling KorgaardCurrent

The CEOs' other companies

Erling Korgaard – 1 other companies

Address history (1 moves)

Ørndrupvej 40, 7960 Karby
Ørndrupvej 40, 7960 Karby

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Questions and answers about KORGAARD HOLDING ApS

Has KORGAARD HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of KORGAARD HOLDING 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 KORGAARD HOLDING ApS?

Erling Korgaard is the CEO of KORGAARD HOLDING ApS.

Who is the auditor of KORGAARD HOLDING ApS?

KORGAARD HOLDING ApS most recently used Djurs RevisionRegistreret revisionsvirksomhed.

When was KORGAARD HOLDING ApS founded?

KORGAARD HOLDING ApS was founded on 8 April 2008.

What is the equity of KORGAARD HOLDING ApS?

Equity was DKK 1.3m 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.