ZIGAS ApS

CVR 31598842 · Private limited company (ApS) · Active · Low risk

ZIGAS ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 18 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 963k and a net result of DKK 46k. CEO: Poul Erik Madsen.

Bankruptcy risk for ZIGAS ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% 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×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%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 reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
31598842
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
c/o Poul Erik Madsen, Prinsessevej 13
8700 Horsens
Municipality
Horsens
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
2 (2018)
Auditor
Revisionsfirmaet Axel Gram I/S
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 18
Missing annual reportNo
Negative equityNo
Equity ratio24.1%
Current ratio133%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 741kDKK 1.1m
Net profitDKK 46kDKK 246k
EquityDKK 963kDKK 916k
Total assetsDKK 4.0mDKK 3.6m
CashDKK 0–
Short-term debtDKK 3.0m–
Tax owedDKK 57k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionsfirmaet Axel Gram I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025175
1 Jul 2023 – 30 Jun 2024172
1 Jul 2022 – 30 Jun 2023201 Late
1 Jul 2021 – 30 Jun 2022202 Late
1 Jul 2020 – 30 Jun 2021163
1 Jul 2019 – 30 Jun 2020168
1 Jul 2018 – 30 Jun 2019215 Late
1 Jul 2017 – 30 Jun 2018191 Late
1 Jul 2016 – 30 Jun 2017173
1 Jul 2015 – 30 Jun 2016165
1 Jul 2014 – 30 Jun 2015182
1 Jul 2013 – 30 Jun 2014175
1 Jul 2012 – 30 Jun 2013163
1 Jul 2011 – 30 Jun 2012140
1 Jul 2010 – 30 Jun 2011153
1 Jul 2009 – 30 Jun 2010167
1 Jul 2008 – 30 Jun 2009156
13 Mar 2008 – 30 Jun 2008163

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
CEOPoul Erik MadsenCurrent
Owner (100%)PBH 27.407 ApSCurrent
Owner (100%)MOCOW ApS
AuditorRevision Horsens registreret revisionsvirksomhed
AuditorRevisionsfirmaet Axel Gram I/S

The CEOs' other companies

Poul Erik Madsen – 5 other companies, of which 1 bankrupt

Address history (5 moves)

c/o Poul Erik Madsen, Prinsessevej 13, 8700 Horsens
c/o Poul Erik Madsen, Hesbjergvænget 42, 5230 Odense M
c/o Poul Erik Madsen, Hesbjergvænget 17, 5230 Odense M
Hesbjergvænget 15, 5230 Odense M
Østerbro 20, 5000 Odense C
Østerbæksvej 20, 5230 Odense M

Employees per year

Number of employees at ZIGAS ApS per year122016: 120162017: 020172018: 22018

Other companies at the same address

Similar companies in Horsens

Questions and answers about ZIGAS ApS

Has ZIGAS ApS gone bankrupt?

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

What is the bankruptcy risk of ZIGAS ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of ZIGAS ApS?

Poul Erik Madsen is the CEO of ZIGAS ApS.

Who is the auditor of ZIGAS ApS?

ZIGAS ApS most recently used Revisionsfirmaet Axel Gram I/S.

When was ZIGAS ApS founded?

ZIGAS ApS was founded on 27 June 2008.

What is the equity of ZIGAS ApS?

Equity was DKK 963k 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.