DK Development ApS

CVR 32658571 · Private limited company (ApS) · Active · Medium risk

DK Development ApS is a Private limited company (ApS), founded on , based in Esbjerg N. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 16 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 2.7m and a net result of DKK 133k. CEO: Per Kornelius Holm Iversen.

Bankruptcy risk for DK Development ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
32658571
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
c/o Per Kornelius Holm Iversen, Oddesundvej 28
6715 Esbjerg N
Municipality
Esbjerg
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 125k
Employees
2 (2016)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio15.8%
Current ratio9%
Moves (last 2 years)2
CEO changes in total4
CEO's previous bankruptcies1
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 906kDKK 670kDKK 742k
Net profitDKK 133kDKK 75kDKK 150k
EquityDKK 2.7mDKK 2.6mDKK 2.5m
Total assetsDKK 17.4mDKK 12.2mDKK 12.4m
Short-term debtDKK 8.5mDKK 1.8m–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022165
1 Jan 2021 – 31 Dec 2021154
1 Jan 2020 – 31 Dec 2020116
1 Jan 2019 – 31 Dec 2019161
1 Jan 2018 – 31 Dec 2018155
1 Jan 2017 – 31 Dec 2017129
1 Jan 2016 – 31 Dec 201686
1 Jan 2015 – 31 Dec 2015145
1 Jan 2014 – 31 Dec 2014133
1 Jan 2013 – 31 Dec 2013135
1 Jan 2012 – 31 Dec 2012102
1 Jan 2011 – 31 Dec 2011102
21 Dec 2009 – 31 Dec 2010115

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
CEOPer Kornelius Holm IversenCurrent
CEORikke Skouboe
CEOMichael Kvist
BoardPer Kornelius Holm IversenCurrent
BoardMichael KvistCurrent
BoardFrederikke KvistCurrent
BoardCaroline Kvist LauridsenCurrent
BoardKarina Holm IversenCurrent
BoardMichael Kvist
BoardRikke Skouboe
BoardJørgen Jørgensen
Owner (10%)F.C. KVIST ApSCurrent
Owner (50%)M & S/K HOLDING A/SCurrent
Owner (25%)Malusili ApSCurrent
Owner (50%)Michael Kvist
Owner (50%)Rikke Skouboe
Owner (50%)RISK HOLDING ApS
Owner (33%)M & S/K HOLDING A/S
Owner (90%)M & S/K HOLDING A/S
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderRISK HOLDING ApSCurrent
FounderJØRGEN J. HOLDING ApSCurrent
FounderM & S/K HOLDING A/SCurrent

The CEOs' other companies

Per Kornelius Holm Iversen – 6 other companies, of which 1 bankrupt

Rikke Skouboe – 6 other companies, of which 1 bankrupt

Michael Kvist – 30 other companies, of which 2 bankrupt

Address history (6 moves)

c/o Per Kornelius Holm Iversen, Oddesundvej 28, 6715 Esbjerg N
Oddesundvej 28, 6715 Esbjerg N
c/o michael kvist, Gormsgade 8, 6700 Esbjerg
Skolebakken 141, 6705 Esbjerg Ø
Skolegade 9, 6818 Årre
Skolebakken 141, 6705 Esbjerg Ø
Oddesundvej 28, 6715 Esbjerg N

Former names

DK Development ApS – now
Ejendomsselskabet Oddesundvej ApS –
RJM ApS –

Employees per year

Number of employees at DK Development ApS per year122012: 120122013: 220132014: 220142015: 220152016: 22016

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about DK Development ApS

Has DK Development ApS gone bankrupt?

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

What is the bankruptcy risk of DK Development ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of DK Development ApS?

Per Kornelius Holm Iversen is the CEO of DK Development ApS.

When was DK Development ApS founded?

DK Development ApS was founded on 21 December 2009.

What is the equity of DK Development ApS?

Equity was DKK 2.7m 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.