SANDSHIP ApS

CVR 31431867 · Private limited company (ApS) · Active · Low risk

SANDSHIP ApS is a Private limited company (ApS), founded on , based in Svendborg. The company is registered in the industry sø- og kysttransport af gods. 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 31.5m and a net result of DKK 9.9m. CEO: Michael Bisbo.

Bankruptcy risk for SANDSHIP ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×

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
31431867
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Mølmarksvej 198
5700 Svendborg
Municipality
Svendborg
Industry
Sø- og kysttransport af gods (502000)
Bankruptcies in the industry: Sø- og kysttransport af gods
Share capital
DKK 125k
Employees
0 (2013)
Auditor
REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 18
Missing annual reportNo
Negative equityNo
Equity ratio96.3%
Current ratio1,102%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address17
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 18.2mDKK 23.8mDKK 15.1m
Net profitDKK 9.9mDKK 13.4mDKK 5.3m
EquityDKK 31.5mDKK 26.6mDKK 13.2m
Total assetsDKK 32.8mDKK 27.9mDKK 19.6m
CashDKK 3.2mDKK 5.7m–
Short-term debtDKK 1.2mDKK 1.3m–
Tax owedDKK 8,916DKK 8,518–
Avg. employees1416–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · REVISION &amp; RÅD, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024162
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022170
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020194 Late
1 Jan 2019 – 31 Dec 2019176
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016119
1 Jan 2015 – 31 Dec 2015157
1 Jan 2014 – 31 Dec 2014163
1 Jan 2013 – 31 Dec 2013182
1 Jan 2012 – 31 Dec 2012154
1 Jan 2011 – 31 Dec 2011163
1 Jan 2010 – 31 Dec 2010178
1 Jan 2009 – 31 Dec 2009150
16 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
CEOMichael BisboCurrent
CEOGordon Martin Petursson Midjord
Owner (100%)P/F SandgrevsturCurrent
AuditorREVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorLLM STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderP/F SandgrevsturCurrent

The CEOs' other companies

Michael Bisbo – 7 other companies

Address history (3 moves)

Mølmarksvej 198, 5700 Svendborg
Gyldenbjergsvej 10, 5700 Svendborg
c/o Kurt Hansen, Jagtvej 10, 5960 Marstal
c/o Jens Christensen, Reberbanen 51A, 5960 Marstal

Former names

SANDSHIP ApS – now
ApS SANDSHIP –

Employees per year

Number of employees at SANDSHIP ApS per year112012: 020122013: 02013

Other companies at the same address

Similar companies in Svendborg

Questions and answers about SANDSHIP ApS

Has SANDSHIP ApS gone bankrupt?

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

What is the bankruptcy risk of SANDSHIP 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 SANDSHIP ApS?

Michael Bisbo is the CEO of SANDSHIP ApS.

Who is the auditor of SANDSHIP ApS?

SANDSHIP ApS most recently used REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was SANDSHIP ApS founded?

SANDSHIP ApS was founded on 16 April 2008.

What is the equity of SANDSHIP ApS?

Equity was DKK 31.5m 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.