BERING TIME ApS

CVR 32445764 · Private limited company (ApS) · Active · Low risk

BERING TIME ApS is a Private limited company (ApS), founded on , based in Aabenraa. The company is registered in the industry engroshandel med ure og smykker. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 (31 Dec 2025) shows equity of DKK 68.9m and a net result of DKK 964k. CEO: Frank Waller, Michael Witt Johansen.

Bankruptcy risk for BERING TIME ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Restated annual reports2+ · bankruptcy rate 4.4%0.49×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
32445764
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Skrænten 34
6200 Aabenraa
Municipality
Aabenraa
Industry
Engroshandel med ure og smykker (464800)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
7 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 16
Missing annual reportNo
Negative equityNo
Equity ratio33.9%
Current ratio136%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 154.6mDKK 166.1m
Gross profitDKK 10.7mDKK 11.8m
Net profitDKK 964kDKK 979k
EquityDKK 68.9mDKK 67.9m
Total assetsDKK 203.5mDKK 221.1m
CashDKK 1.1m–
Short-term debtDKK 134.4m–
Avg. employees5–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025192 Late
1 Jan 2024 – 31 Dec 2024194 Late
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 2021164
1 Jan 2020 – 31 Dec 2020154
1 Jan 2019 – 31 Dec 2019121
1 Jan 2018 – 31 Dec 2018147
1 Jan 2017 – 31 Dec 2017116
1 Jan 2016 – 31 Dec 2016128
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014160
1 Jan 2013 – 31 Dec 2013161
1 Jan 2012 – 31 Dec 2012148
1 Jan 2011 – 31 Dec 2011159
1 Sep 2009 – 31 Dec 2010151

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
CEOFrank WallerCurrent
CEOMichael Witt JohansenCurrent
CEORené Gross Kærskov
CEOLars Skjønnemann
Owner (100%)BERING GROUP ApSCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderKÆRSKOV HOLDING ApSCurrent

The CEOs' other companies

Frank Waller – 42 other companies, of which 1 bankrupt

Michael Witt Johansen – 9 other companies

René Gross Kærskov – 5 other companies

Lars Skjønnemann – 27 other companies, of which 1 bankrupt

Address history (3 moves)

Skrænten 34, 6200 Aabenraa
Skrænten 34, 6200 Aabenraa
Ramsherred 49A, 6200 Aabenraa
Kystvej 22, 6200 Aabenraa

Former names

BERING TIME ApS – now
ARCTIC DESIGN ApS –

Employees per year

Number of employees at BERING TIME ApS per year7142011: 820112012: 1020122013: 1320132014: 1420142015: 1120152016: 1220162017: 720172018: 72018

Other companies at the same address

Similar companies in Aabenraa

Questions and answers about BERING TIME ApS

Has BERING TIME ApS gone bankrupt?

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

What is the bankruptcy risk of BERING TIME ApS?

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

Who is the CEO of BERING TIME ApS?

Frank Waller, Michael Witt Johansen are the CEOs of BERING TIME ApS.

Who is the auditor of BERING TIME ApS?

BERING TIME ApS most recently used EY Godkendt Revisionspartnerselskab.

When was BERING TIME ApS founded?

BERING TIME ApS was founded on 1 September 2009.

What is the equity of BERING TIME ApS?

Equity was DKK 68.9m 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.