Xtend ApS

CVR 32361706 · Private limited company (ApS) · Active · Low risk

Xtend ApS is a Private limited company (ApS), founded on , based in Vallensbæk Strand. The company is registered in the industry andre it- og computerserviceaktiviteter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 16 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 110k and a net result of DKK -31k. CEO: Jens Grønvold.

Bankruptcy risk for Xtend ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · 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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
32361706
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Rørsøvej 8
2665 Vallensbæk Strand
Municipality
Vallensbæk
Industry
Andre IT- og computerserviceaktiviteter (629000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 126k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 16
Missing annual reportNo
Negative equityNo
Equity ratio97.0%
Current ratio3,315%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -30kDKK 32kDKK -23k
Net profitDKK -31kDKK 31kDKK -24k
EquityDKK 110kDKK 141kDKK 110k
Total assetsDKK 113kDKK 145kDKK 114k
CashDKK 4,417DKK 21k–
Short-term debtDKK 3,419DKK 3,737–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 2020200 Late
1 Jan 2019 – 31 Dec 2019261 Late
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017145
1 Jan 2016 – 31 Dec 2016171
1 Jan 2015 – 31 Dec 2015171
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013178
1 Jan 2012 – 31 Dec 2012168
1 Jan 2011 – 31 Dec 2011170
1 Jul 2009 – 31 Dec 2010166

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
CEOJens GrønvoldCurrent
CEOMartin Feustel
BoardJens GrønvoldCurrent
BoardSteen Thygesen
BoardMartin Feustel
Owner (100%)Jens GrønvoldCurrent
FounderJens GrønvoldCurrent
FounderSteen ThygesenCurrent
FounderMartin FeustelCurrent

The CEOs' other companies

Jens Grønvold – 10 other companies, of which 5 bankrupt

Address history (2 moves)

Rørsøvej 8, 2665 Vallensbæk Strand
Kamillehaven 45, 4622 Havdrup
Møllestensvej 38, 2625 Vallensbæk

Former names

Xtend ApS – now
EXPORT CARS DENMARK ApS –
XTEND ApS –

Employees per year

Number of employees at Xtend ApS per year122014: 120142015: 020152016: 120162017: 020172018: 22018

Other companies at the same address

Similar companies in Vallensbæk

Questions and answers about Xtend ApS

Has Xtend ApS gone bankrupt?

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

What is the bankruptcy risk of Xtend ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Xtend ApS?

Jens Grønvold is the CEO of Xtend ApS.

When was Xtend ApS founded?

Xtend ApS was founded on 1 July 2009.

What is the equity of Xtend ApS?

Equity was DKK 110k 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.