Kernelund ApS

CVR 32340946 · Private limited company (ApS) · Active · Very high risk

Kernelund ApS is a Private limited company (ApS), founded on , based in Tilst. The company is registered in the industry engroshandel med frugt og grøntsager. Our model estimates a bankruptcy risk of 21.6% over the next 12 months, which is 15.3 times the average for Danish companies. 12 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -326k and a net result of DKK 10k. CEO: Michael Sandgaard.

Bankruptcy risk for Kernelund ApS

21.6%
probability of bankruptcy within 12 months
Very high risk

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

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
32340946
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Blomstervej 70
8381 Tilst
Municipality
Aarhus
Industry
Engroshandel med frugt og grøntsager (463100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-33.5%
Current ratio112%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 455kDKK 678kDKK 715k
Net profitDKK 10kDKK 67kDKK 139k
EquityDKK -326kDKK -336kDKK -403k
Total assetsDKK 975kDKK 1.5mDKK 889k
Short-term debtDKK 801kDKK 1.3m–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202577
1 Jan 2024 – 31 Dec 202458
1 Jan 2023 – 31 Dec 202324
1 Jan 2022 – 31 Dec 202224
1 Jan 2021 – 31 Dec 2021102
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 2019128
1 Jan 2018 – 31 Dec 201858
1 Jan 2017 – 31 Dec 2017173
1 Jan 2016 – 31 Dec 2016130
1 Jan 2015 – 31 Dec 2015159
5 Sep 2013 – 31 Dec 2014128

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
CEOMichael SandgaardCurrent
CEODjanik Gade Laursen
Owner (100%)MICHAEL SANDGAARD HOLDING ApSCurrent
Owner (100%)MICHAEL SANDGAARD HOLDING ApS
AuditorROESGAARD A/S
AuditorCedra Godkendt Revisionsaktieselskab
FounderDjanik Gade LaursenCurrent

The CEOs' other companies

Michael Sandgaard – 2 other companies, of which 1 bankrupt

Djanik Gade Laursen – 2 other companies, of which 2 bankrupt

Address history (5 moves)

Blomstervej 70, 8381 Tilst
Blomstervej 70, 8381 Tilst
Lystrupvej 62, 8240 Risskov
Blomstervej 70, 8381 Tilst
Nordre Strandvej 172, 8240 Risskov
c/o Djanik Gade Andersen, Nørre Alle 3, 8930 Randers NØ

Former names

Kernelund ApS – now
Solvognen ApS –
KVALITETSFRUGT.DK ApS –

Employees per year

Number of employees at Kernelund ApS per year6112013: 320132014: 820142015: 1120152016: 220162017: 120172018: 22018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Kernelund ApS

Has Kernelund ApS gone bankrupt?

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

What is the bankruptcy risk of Kernelund ApS?

Our model estimates a bankruptcy risk of 21.6% over the next 12 months (very high risk), which is 15.3 times the average for Danish companies.

Who is the CEO of Kernelund ApS?

Michael Sandgaard is the CEO of Kernelund ApS.

When was Kernelund ApS founded?

Kernelund ApS was founded on 5 September 2013.

What is the equity of Kernelund ApS?

Equity was DKK -326k 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.