1927 Estate Development ApS

CVR 31943663 · Private limited company (ApS) · Active · Low risk

1927 Estate Development ApS is a Private limited company (ApS), founded on , based in Lystrup. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 16 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 136.1m and a net result of DKK 24.0m. CEO: Anders Horsbøl.

Bankruptcy risk for 1927 Estate Development 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

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · 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×
Equity ratio40%–60% · 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
31943663
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
c/o Bennu Development, Lyshøjen 8A, st. tv
8520 Lystrup
Municipality
Aarhus
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 125k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 16
Missing annual reportNo
Negative equityNo
Equity ratio51.0%
Current ratio51%
Moves (last 2 years)1
CEO changes in total9
CEO's previous bankruptcies0
Other companies at the address106
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -5.5mDKK -10.3m
Net profitDKK 24.0mDKK 21.8m
EquityDKK 136.1mDKK 112.1m
Total assetsDKK 267.0mDKK 242.3m
CashDKK 361k–
Short-term debtDKK 130.9m–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025212 Late
1 Jul 2023 – 30 Jun 2024218 Late
1 Jul 2022 – 30 Jun 2023215 Late
1 Jul 2021 – 30 Jun 2022141
1 Jul 2020 – 30 Jun 2021140
1 Jul 2019 – 30 Jun 2020133
1 Jul 2018 – 30 Jun 2019151
1 Jul 2017 – 30 Jun 2018170
1 Jul 2016 – 30 Jun 2017150
1 Jul 2015 – 30 Jun 2016130
1 Jul 2014 – 30 Jun 2015154
1 Jul 2013 – 30 Jun 2014151
1 Jul 2012 – 30 Jun 2013174
1 Jul 2011 – 30 Jun 201297
1 Oct 2009 – 30 Sep 2010165
23 Jan 2009 – 30 Sep 2009168

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
CEOAnders HorsbølCurrent
CEOJonas Sand
CEOAnders Horsbøl
CEOPeter Skaaning Jørgensen
CEOSøren Hampen Kristensen
CEOBünyamin Simsek
Owner (100%)1927 Estate Holding ApSCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorSelskabet af 22. februar ApS
AuditorRevisionshuset Tal & Tanker Statsautoriseret Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderSAND & SØN HOLDING ApSCurrent

The CEOs' other companies

Anders Horsbøl – 53 other companies, of which 23 bankrupt

Jonas Sand – 14 other companies, of which 1 bankrupt

Peter Skaaning Jørgensen – 58 other companies, of which 1 bankrupt

Søren Hampen Kristensen – 58 other companies, of which 5 bankrupt

Bünyamin Simsek – 58 other companies

Address history (5 moves)

c/o Bennu Development, Lyshøjen 8A, st. tv, 8520 Lystrup
c/o 1927 Estate, Nordre Strandvej 58, 8240 Risskov
c/o 1927 Estate, Nordre Strandvej 43, 8240 Risskov
Nordre Strandvej 46, 8240 Risskov
Stokagervej 5B 11, 8240 Risskov
Ellemosevej 43, 8310 Tranbjerg J

Former names

1927 Estate Development ApS – now
ADD HOLDING ApS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about 1927 Estate Development ApS

Has 1927 Estate Development ApS gone bankrupt?

No, 1927 Estate Development ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of 1927 Estate Development 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 1927 Estate Development ApS?

Anders Horsbøl is the CEO of 1927 Estate Development ApS.

Who is the auditor of 1927 Estate Development ApS?

1927 Estate Development ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was 1927 Estate Development ApS founded?

1927 Estate Development ApS was founded on 23 January 2009.

What is the equity of 1927 Estate Development ApS?

Equity was DKK 136.1m 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.