GOLF NETWORK DENMARK ApS

CVR 32567797 · Private limited company (ApS) · Active · Low risk

GOLF NETWORK DENMARK ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry detailhandel med sports- og fritidsudstyr. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 16 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.1m and a net result of DKK 31k. CEO: Claus Toftegaard Eliasen.

Bankruptcy risk for GOLF NETWORK DENMARK ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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
32567797
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Byvangen 120
8700 Horsens
Municipality
Horsens
Industry
Detailhandel med sports- og fritidsudstyr (476310)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 125k
Employees
4 (2018)
Auditor
Roesgaard
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio40.8%
Current ratio169%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.3mDKK 1.4m
Net profitDKK 31kDKK 361k
EquityDKK 1.1mDKK 1.4m
Total assetsDKK 2.6mDKK 2.6m
CashDKK 13k–
Short-term debtDKK 1.5m–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Roesgaard.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025106
1 Jan 2024 – 31 Dec 2024143
1 Jan 2023 – 31 Dec 2023145
1 Jan 2022 – 31 Dec 2022158
1 Jan 2021 – 31 Dec 2021124
1 Jan 2020 – 31 Dec 202082
1 Jan 2019 – 31 Dec 201962
1 Jan 2018 – 31 Dec 2018113
1 Jan 2017 – 31 Dec 201764
1 Jan 2016 – 31 Dec 2016143
1 Jan 2015 – 31 Dec 2015148
1 Jan 2014 – 31 Dec 2014132
1 Jan 2013 – 31 Dec 2013170
1 Jan 2012 – 31 Dec 2012148
1 Jan 2011 – 31 Dec 2011159
18 Nov 2009 – 31 Dec 2010167

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
CEOClaus Toftegaard EliasenCurrent
Owner (67%)ANCL HOLDING ApSCurrent
Owner (25%)Thunegolf ApSCurrent
Owner (100%)ANCL HOLDING ApS
Owner (10%)Thunegolf ApS
AuditorNOMOQ PARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorROESGAARD A/S
AuditorCedra Godkendt Revisionsaktieselskab
FounderANDERSEN OG ELIASEN A/SCurrent

The CEOs' other companies

Claus Toftegaard Eliasen – 3 other companies

Address history (0 moves)

Byvangen 120, 8700 Horsens

Employees per year

Number of employees at GOLF NETWORK DENMARK ApS per year352011: 420112012: 420122013: 420132014: 320142015: 520152016: 320162017: 320172018: 42018

Other companies at the same address

Similar companies in Horsens

Questions and answers about GOLF NETWORK DENMARK ApS

Has GOLF NETWORK DENMARK ApS gone bankrupt?

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

What is the bankruptcy risk of GOLF NETWORK DENMARK ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of GOLF NETWORK DENMARK ApS?

Claus Toftegaard Eliasen is the CEO of GOLF NETWORK DENMARK ApS.

Who is the auditor of GOLF NETWORK DENMARK ApS?

GOLF NETWORK DENMARK ApS most recently used Roesgaard.

When was GOLF NETWORK DENMARK ApS founded?

GOLF NETWORK DENMARK ApS was founded on 18 November 2009.

What is the equity of GOLF NETWORK DENMARK ApS?

Equity was DKK 1.1m 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.