Varntoft ApS

CVR 32286771 · Private limited company (ApS) · Active · Very high risk

Varntoft ApS is a Private limited company (ApS), founded on , based in Kastrup. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 17.0% over the next 12 months, which is 12.0 times the average for Danish companies. 16 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 230k and a net result of DKK -106k.

Bankruptcy risk for Varntoft ApS

17.0%
probability of bankruptcy within 12 months
Very high risk

12.0 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · 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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
32286771
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
c/o René Varntoft, Kirstinehøj 9
2770 Kastrup
Municipality
Tårnby
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 80k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 16
Missing annual reportNo
Negative equityNo
Equity ratio12.5%
Current ratio94%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 481kDKK 942k
Net profitDKK -106kDKK 164k
EquityDKK 230kDKK 337k
Total assetsDKK 1.8mDKK 1.8m
CashDKK 31k–
Short-term debtDKK 1.6m–
Tax owedDKK 59k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025217 Late
1 Jul 2023 – 30 Jun 2024215 Late
1 Jul 2022 – 30 Jun 2023202 Late
1 Jul 2021 – 30 Jun 2022194 Late
1 Jul 2020 – 30 Jun 2021168
1 Jul 2019 – 30 Jun 2020168
1 Jul 2018 – 30 Jun 2019183
1 Jul 2017 – 30 Jun 2018148
1 Jul 2016 – 30 Jun 2017172
1 Jul 2015 – 30 Jun 2016183
1 Jul 2014 – 30 Jun 2015167
1 Jul 2013 – 30 Jun 2014176
1 Jul 2012 – 30 Jun 2013172
1 Jul 2011 – 30 Jun 2012163
1 Jul 2010 – 30 Jun 2011168
7 Jul 2009 – 30 Jun 2010173

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
Owner (100%)Varntoft Holding ApSCurrent
Owner (25%)LO-FA HOLDING ApS
AuditorVAC REVISION ApS
AuditorREVISOR HANS BEIER ApS
AuditorCarsten Munk Thomsen
FounderLO-FA HOLDING ApSCurrent
FounderVarntoft Holding ApSCurrent

Address history (2 moves)

c/o René Varntoft, Kirstinehøj 9, 2770 Kastrup
Langagervej 29, 4100 Ringsted
Kirkebjerg Allé 62, 1. th, 2605 Brøndby

Former names

Varntoft ApS – now
LCD-SECURITY ApS –

Employees per year

Number of employees at Varntoft ApS per year112016: 020162017: 120172018: 12018

Other companies at the same address

Similar companies in Tårnby

Questions and answers about Varntoft ApS

Has Varntoft ApS gone bankrupt?

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

What is the bankruptcy risk of Varntoft ApS?

Our model estimates a bankruptcy risk of 17.0% over the next 12 months (very high risk), which is 12.0 times the average for Danish companies.

When was Varntoft ApS founded?

Varntoft ApS was founded on 7 July 2009.

What is the equity of Varntoft ApS?

Equity was DKK 230k 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.