THE FARM ApS

CVR 31592003 · Private limited company (ApS) · Active · Low risk

THE FARM ApS is a Private limited company (ApS), founded on , based in Odense SØ. The company is registered in the industry indspilning af lydoptagelser og udgivelse af musik. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 17 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -335k and a net result of DKK -84k. CEO: Peter Sund.

Bankruptcy risk for THE FARM ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
31592003
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Bækgyden 4
5220 Odense SØ
Municipality
Odense
Industry
Indspilning af lydoptagelser og udgivelse af musik (592000)
Bankruptcies in the industry: Produktion af film og videofilm
Share capital
DKK 150k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityYes
Equity ratio-2,791.1%
Current ratio–
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 year20252024
Gross profit–DKK 8,267
Net profitDKK -84kDKK -19k
EquityDKK -335kDKK -252k
Total assetsDKK 12kDKK 7,512
Short-term debtDKK 347k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025183
1 Jul 2023 – 30 Jun 2024179
1 Jul 2022 – 30 Jun 2023174
1 Jul 2021 – 30 Jun 2022167
1 Jul 2020 – 30 Jun 2021166
1 Jul 2019 – 30 Jun 2020181
1 Jul 2018 – 30 Jun 2019143
1 Jul 2017 – 30 Jun 2018180
1 Jul 2016 – 30 Jun 2017171
1 Jul 2015 – 30 Jun 2016103
1 Jul 2014 – 30 Jun 2015149
1 Jul 2013 – 30 Jun 2014162
1 Jul 2012 – 30 Jun 2013169
1 Jul 2011 – 30 Jun 2012163
1 Jul 2010 – 30 Jun 2011159
1 Jul 2009 – 30 Jun 2010167
1 Jan 2008 – 30 Jun 2009156

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
CEOPeter SundCurrent
Owner (100%)Peter SundCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderPeter SundCurrent

Address history (0 moves)

Bækgyden 4, 5220 Odense SØ

Former names

THE FARM ApS – now
SUND LYD DESIGN ApS –

Similar companies in Odense

Questions and answers about THE FARM ApS

Has THE FARM ApS gone bankrupt?

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

What is the bankruptcy risk of THE FARM ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of THE FARM ApS?

Peter Sund is the CEO of THE FARM ApS.

When was THE FARM ApS founded?

THE FARM ApS was founded on 10 June 2008.

What is the equity of THE FARM ApS?

Equity was DKK -335k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.