Sandhill ApS

CVR 32656501 · Private limited company (ApS) · Active · High risk

Sandhill ApS is a Private limited company (ApS), founded on , based in Rungsted Kyst. The company is registered in the industry detailhandel med køkkenudstyr og service mv.. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 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 -508k and a net result of DKK -191k. CEO: Hans Christian Kjærgaard-Hansen.

Bankruptcy risk for Sandhill ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · 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
32656501
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Sanskevej 17
2960 Rungsted Kyst
Municipality
Hørsholm
Industry
Detailhandel med køkkenudstyr og service mv. (475530)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 125k
Employees
0 (2018)
Auditor
Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 16
Missing annual reportNo
Negative equityYes
Equity ratio-23.6%
Current ratio41%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies3
Other companies at the address3
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -83kDKK -255kDKK -55k
Net profitDKK -191kDKK 140kDKK 60k
EquityDKK -508kDKK -317kDKK -457k
Total assetsDKK 2.2mDKK 3.0mDKK 3.4m
CashDKK 439kDKK 596k–
Short-term debtDKK 2.7mDKK 3.3m–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025159
1 Jan 2024 – 31 Dec 2024155
1 Jan 2023 – 31 Dec 2023162
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021164
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019198 Late
1 Jan 2018 – 31 Dec 2018158
1 Jan 2017 – 31 Dec 2017129
1 Jan 2016 – 31 Dec 2016142
1 Jan 2015 – 31 Dec 2015160
1 Jan 2014 – 31 Dec 2014166
1 Jan 2013 – 31 Dec 2013168
1 Jan 2012 – 31 Dec 2012114
1 Jan 2011 – 31 Dec 2011161
10 Dec 2009 – 31 Dec 2010177

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
CEOHans Christian Kjærgaard-HansenCurrent
CEOLise Kjærgaard Schrøter
Owner (100%)Hans Christian Kjærgaard-HansenCurrent
Owner (100%)NNOOR aps
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderNNOOR apsCurrent

The CEOs' other companies

Hans Christian Kjærgaard-Hansen – 20 other companies, of which 7 bankrupt

Lise Kjærgaard Schrøter – 2 other companies, of which 2 bankrupt

Address history (2 moves)

Sanskevej 17, 2960 Rungsted Kyst
Kærvej 32, 2970 Hørsholm
Sanskevej 17, 2960 Rungsted Kyst

Former names

Sandhill ApS – now
NETBUSINESS ApS –

Employees per year

Number of employees at Sandhill ApS per year122014: 120142015: 220152016: 120162017: 020172018: 02018

Other companies at the same address

Similar companies in Hørsholm

Questions and answers about Sandhill ApS

Has Sandhill ApS gone bankrupt?

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

What is the bankruptcy risk of Sandhill ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Sandhill ApS?

Hans Christian Kjærgaard-Hansen is the CEO of Sandhill ApS.

Who is the auditor of Sandhill ApS?

Sandhill ApS most recently used Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab.

When was Sandhill ApS founded?

Sandhill ApS was founded on 10 December 2009.

What is the equity of Sandhill ApS?

Equity was DKK -508k 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.