FRANDSEN BILER ApS

CVR 32087450 · Private limited company (ApS) · Active · Low risk

FRANDSEN BILER ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 17 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.8m and a net result of DKK 269k. CEO: Erik Frandsen.

Bankruptcy risk for FRANDSEN BILER ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×

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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
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
32087450
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Randersvej 61
8800 Viborg
Municipality
Viborg
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 125k
Employees
10 (2018)
Auditor
Revisorerne Godkendt Revisionsanpartsselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityNo
Equity ratio48.0%
Current ratio173%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.5mDKK 3.6m
Net profitDKK 269kDKK 464k
EquityDKK 1.8mDKK 3.0m
Total assetsDKK 3.8mDKK 4.5m
CashDKK 70k–
Short-term debtDKK 2.0m–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Revisorerne Godkendt Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023117
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021109
1 Jan 2020 – 31 Dec 202096
1 Jan 2019 – 31 Dec 201959
1 Jan 2018 – 31 Dec 2018135
1 Jan 2017 – 31 Dec 2017123
1 Jan 2016 – 31 Dec 2016139
1 Jan 2015 – 31 Dec 2015130
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013100
1 Jan 2012 – 31 Dec 2012157
1 Jan 2011 – 31 Dec 201178
1 Jan 2010 – 31 Dec 2010107
27 Mar 2009 – 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 FrandsenCurrent
Owner (100%)Frandsen Holding I ApSCurrent
Owner (100%)FRANDSEN HOLDING VIBORG ApS
AuditorRevisorerne Godkendt RevisionsanpartsselskabCurrent
AuditorUllits & Winther Statsautoriserederevisorer I/S
AuditorULLITS & WINTHER STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderFRANDSEN HOLDING VIBORG ApSCurrent

The CEOs' other companies

Erik Frandsen – 6 other companies

Address history (1 moves)

Randersvej 61, 8800 Viborg
Randersvej 53, 8800 Viborg

Former names

FRANDSEN BILER ApS – now
ERIK FRANDSEN AUTOMOBILER ApS –

Employees per year

Number of employees at FRANDSEN BILER ApS per year5102011: 1020112012: 920122013: 1020132014: 820142015: 920152016: 820162017: 920172018: 102018

Other companies at the same address

Similar companies in Viborg

Questions and answers about FRANDSEN BILER ApS

Has FRANDSEN BILER ApS gone bankrupt?

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

What is the bankruptcy risk of FRANDSEN BILER ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of FRANDSEN BILER ApS?

Erik Frandsen is the CEO of FRANDSEN BILER ApS.

Who is the auditor of FRANDSEN BILER ApS?

FRANDSEN BILER ApS most recently used Revisorerne Godkendt Revisionsanpartsselskab.

When was FRANDSEN BILER ApS founded?

FRANDSEN BILER ApS was founded on 27 March 2009.

What is the equity of FRANDSEN BILER ApS?

Equity was DKK 1.8m 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.