GREEN LINE HOLDING ApS

CVR 31888999 · Private limited company (ApS) · Active · Very high risk

GREEN LINE HOLDING ApS is a Private limited company (ApS), founded on , based in Aarhus N. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 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 (30 Sep 2025) shows equity of DKK 297k and a net result of DKK -214k. CEO: Stefan Huulbæk Andersen.

Bankruptcy risk for GREEN LINE HOLDING ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
31888999
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
c/o Martin Hjort Kristensen, Mandalsvej 7
8200 Aarhus N
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 211k
Auditor
Kovsted &amp; Skovgård, Statsautoriseret revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 17
Missing annual reportNo
Negative equityNo
Equity ratio58.2%
Current ratio12%
Moves (last 2 years)1
CEO changes in total7
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -7,813DKK 0DKK 0
Net profitDKK -214kDKK -319kDKK 76k
EquityDKK 297kDKK 512kDKK 831k
Total assetsDKK 511kDKK 685kDKK 1.0m
Short-term debtDKK 214kDKK 173k–
Tax owedDKK 20k––
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Kovsted &amp; Skovgård, Statsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025360 Late
1 Oct 2023 – 30 Sep 2024128
1 Oct 2022 – 30 Sep 2023187 Late
1 Oct 2021 – 30 Sep 2022184 Late
1 Oct 2020 – 30 Sep 2021174
1 Oct 2019 – 30 Sep 2020133
1 Oct 2018 – 30 Sep 201928
1 Oct 2017 – 30 Sep 201853
1 Oct 2016 – 30 Sep 201785
1 Oct 2015 – 30 Sep 201661
1 Oct 2014 – 30 Sep 201578
1 Oct 2013 – 30 Sep 2014189 Late
1 Oct 2012 – 30 Sep 2013137
1 Oct 2011 – 30 Sep 2012177
1 Oct 2010 – 30 Sep 2011167
1 Oct 2009 – 30 Sep 2010173
12 Dec 2008 – 30 Sep 2009167

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
CEOStefan Huulbæk AndersenCurrent
CEOPoul Jørgen Kristensen
CEOHanne Fabricius-Haunstrup
CEOMartin Hjort Kristensen
CEOStefan Huulbæk Andersen
Owner (33%)Martin Hjort KristensenCurrent
Owner (25%)Jon Damsgaard NielsenCurrent
Owner (25%)Huller Holding ApSCurrent
Owner (100%)Poul Jørgen Kristensen
Owner (25%)Stefan Huulbæk Andersen
AuditorBPE INVEST AF 2003 ApS
AuditorRådgivning Aarhus ApS
AuditorDupont Revision & Rådgivning Aarhus Registreret Revisionsanpartsselskab
FounderPoul Jørgen KristensenCurrent

The CEOs' other companies

Stefan Huulbæk Andersen – 7 other companies, of which 1 bankrupt

Poul Jørgen Kristensen – 2 other companies

Hanne Fabricius-Haunstrup – 4 other companies, of which 1 bankrupt

Martin Hjort Kristensen – 2 other companies

Address history (4 moves)

c/o Martin Hjort Kristensen, Mandalsvej 7, 8200 Aarhus N
c/o Poul Jørgen Kristensen, Schleppegrellsgade 16, 1. th, 8000 Aarhus C
c/o Poul Jørgen Kristensen, Schleppegrellsgade 16, 2. th, 8000 Aarhus C
c/o Green Line Århus A/S, Søndergade 55, 8000 Aarhus C
Vestergade 53, 8464 Galten

Other companies at the same address

Similar companies in Aarhus

Questions and answers about GREEN LINE HOLDING ApS

Has GREEN LINE HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of GREEN LINE HOLDING ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the CEO of GREEN LINE HOLDING ApS?

Stefan Huulbæk Andersen is the CEO of GREEN LINE HOLDING ApS.

Who is the auditor of GREEN LINE HOLDING ApS?

GREEN LINE HOLDING ApS most recently used Kovsted &amp; Skovgård, Statsautoriseret revisionspartnerselskab.

When was GREEN LINE HOLDING ApS founded?

GREEN LINE HOLDING ApS was founded on 12 December 2008.

What is the equity of GREEN LINE HOLDING ApS?

Equity was DKK 297k according to the annual report for the period ending 30 September 2025.

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