Art'N'Craft ApS

CVR 31770459 · Private limited company (ApS) · Active · Low risk

Art'N'Craft ApS is a Private limited company (ApS), founded on , based in Nykøbing M. The company is registered in the industry detailhandel med tekstiler. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 17 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 993k and a net result of DKK -151k. CEO: Erik Blinkenberg Jessen, Lilian Lundgaard Christensen.

Bankruptcy risk for Art'N'Craft ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · 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×
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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
31770459
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Lilletorv 7, st.
7900 Nykøbing M
Municipality
Morsø
Industry
Detailhandel med tekstiler (475100)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 125k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 17
Missing annual reportNo
Negative equityNo
Equity ratio87.3%
Current ratio786%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -189kDKK -340kDKK -90k
Net profitDKK -151kDKK -266kDKK -110k
EquityDKK 993kDKK 1.1mDKK -169k
Total assetsDKK 1.1mDKK 1.2mDKK 1.2m
CashDKK 56kDKK 75k–
Short-term debtDKK 145kDKK 45k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019191 Late
1 Jan 2018 – 31 Dec 2018152
1 Jan 2017 – 31 Dec 2017158
1 Jan 2016 – 31 Dec 2016158
1 Jan 2015 – 31 Dec 2015161
1 Jan 2014 – 31 Dec 2014175
1 Jan 2013 – 31 Dec 2013156
1 Jan 2012 – 31 Dec 2012148
1 Jan 2011 – 31 Dec 2011153
1 Jan 2010 – 31 Dec 2010158
29 Sep 2008 – 31 Dec 2009144

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
CEOErik Blinkenberg JessenCurrent
CEOLilian Lundgaard ChristensenCurrent
Owner (100%)HOLDING-IT ApSCurrent
AuditorRL Registreret Revisionsaktieselskab
AuditorRL af 1/7 2020 P/S
FounderHOLDING-IT ApSCurrent

The CEOs' other companies

Erik Blinkenberg Jessen – 5 other companies

Address history (1 moves)

Lilletorv 7, st., 7900 Nykøbing M
Emilievej 3, 7900 Nykøbing M

Former names

Art'N'Craft ApS – now
SOL-IT ApS –

Similar companies in Morsø

Questions and answers about Art'N'Craft ApS

Has Art'N'Craft ApS gone bankrupt?

No, Art'N'Craft ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Art'N'Craft ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Art'N'Craft ApS?

Erik Blinkenberg Jessen, Lilian Lundgaard Christensen are the CEOs of Art'N'Craft ApS.

Who is the auditor of Art'N'Craft ApS?

Art'N'Craft ApS most recently used Beierholm.

When was Art'N'Craft ApS founded?

Art'N'Craft ApS was founded on 29 September 2008.

What is the equity of Art'N'Craft ApS?

Equity was DKK 993k 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.