BAY PROMOTION ApS

CVR 31878187 · Private limited company (ApS) · Active · Low risk

BAY PROMOTION ApS is a Private limited company (ApS), founded on , based in Odense M. The company is registered in the industry anden specialiseret engroshandel 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 (30 Jun 2026) shows equity of DKK 288k and a net result of DKK 125k. CEO: Erik Bay Rahbek.

Bankruptcy risk for BAY PROMOTION ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
31878187
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Læssøegade 135
5230 Odense M
Municipality
Odense
Industry
Anden specialiseret engroshandel i.a.n. (468900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
0 (2018)
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 18
Missing annual reportNo
Negative equityNo
Equity ratio74.8%
Current ratio397%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 193kDKK 147kDKK 297k
Net profitDKK 125kDKK 89kDKK 200k
EquityDKK 288kDKK 248kDKK 358k
Total assetsDKK 384kDKK 347kDKK 524k
CashDKK 251kDKK 174k–
Short-term debtDKK 97kDKK 100k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202651
1 Jul 2024 – 30 Jun 202558
1 Jul 2023 – 30 Jun 2024120
1 Jul 2022 – 30 Jun 2023145
1 Jul 2021 – 30 Jun 2022188 Late
1 Jul 2020 – 30 Jun 2021140
1 Jul 2019 – 30 Jun 2020150
1 Jul 2018 – 30 Jun 2019135
1 Jul 2017 – 30 Jun 2018144
1 Jul 2016 – 30 Jun 2017154
1 Jul 2015 – 30 Jun 2016144
1 Jul 2014 – 30 Jun 2015153
1 Jul 2013 – 30 Jun 2014162
1 Jul 2012 – 30 Jun 2013155
1 Jul 2011 – 30 Jun 2012132
1 Jul 2010 – 30 Jun 2011145
1 Jul 2009 – 30 Jun 2010159
1 Dec 2008 – 30 Jun 2009147

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 Bay RahbekCurrent
Owner (100%)EBR HOLDING ApSCurrent
AuditorKOVSTED & SKOVGÅRD, REVISION & RÅDGIVNING, STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderEBR HOLDING ApSCurrent

The CEOs' other companies

Erik Bay Rahbek – 3 other companies

Address history (1 moves)

Læssøegade 135, 5230 Odense M
Læssøegade 135, 5230 Odense M

Employees per year

Number of employees at BAY PROMOTION ApS per year112011: 020112012: 020122013: 020132014: 020142015: 020152016: 020162017: 020172018: 02018

Other companies at the same address

Similar companies in Odense

Questions and answers about BAY PROMOTION ApS

Has BAY PROMOTION ApS gone bankrupt?

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

What is the bankruptcy risk of BAY PROMOTION 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 BAY PROMOTION ApS?

Erik Bay Rahbek is the CEO of BAY PROMOTION ApS.

Who is the auditor of BAY PROMOTION ApS?

BAY PROMOTION ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was BAY PROMOTION ApS founded?

BAY PROMOTION ApS was founded on 1 December 2008.

What is the equity of BAY PROMOTION ApS?

Equity was DKK 288k according to the annual report for the period ending 30 June 2026.

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