DEGROW ApS

CVR 32826490 · Private limited company (ApS) · Active · Low risk

DEGROW ApS is a Private limited company (ApS), founded on , based in Middelfart. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 15 annual reports have been published, of which 7 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 579k and a net result of DKK 14k. CEO: Erik Peter Ernst.

Bankruptcy risk for DEGROW ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
32826490
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Gl Strandvej 9
5500 Middelfart
Municipality
Middelfart
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late7 of 15
Missing annual reportNo
Negative equityNo
Equity ratio96.4%
Current ratio5,571%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -16kDKK -8,692
Net profitDKK 14kDKK 428k
EquityDKK 579kDKK 687k
Total assetsDKK 601kDKK 869k
CashDKK 117k–
Short-term debtDKK 11k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025170
1 Jul 2023 – 30 Jun 2024171
1 Jul 2022 – 30 Jun 2023192 Late
1 Jul 2021 – 30 Jun 2022200 Late
1 Jul 2020 – 30 Jun 2021184 Late
1 Jul 2019 – 30 Jun 2020198 Late
1 Jul 2018 – 30 Jun 2019212 Late
1 Jul 2017 – 30 Jun 2018187 Late
1 Jul 2016 – 30 Jun 2017186 Late
1 Jul 2015 – 30 Jun 2016168
1 Jul 2014 – 30 Jun 2015181
1 Jul 2013 – 30 Jun 2014164
1 Jul 2012 – 30 Jun 2013170
1 Jul 2011 – 30 Jun 2012180
12 Mar 2010 – 30 Jun 2011172

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
CEOErik Peter ErnstCurrent
Owner (100%)Erik Peter ErnstCurrent
AuditorErhvervs Consult Registreret Revisor Tonny Skov Pedersen
FounderErik Peter ErnstCurrent

The CEOs' other companies

Erik Peter Ernst – 4 other companies, of which 1 bankrupt

Address history (2 moves)

Gl Strandvej 9, 5500 Middelfart
Kørvelvej 8, 5500 Middelfart
Sophienlund 104, 3400 Hillerød

Other companies at the same address

Similar companies in Middelfart

Questions and answers about DEGROW ApS

Has DEGROW ApS gone bankrupt?

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

What is the bankruptcy risk of DEGROW ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of DEGROW ApS?

Erik Peter Ernst is the CEO of DEGROW ApS.

Who is the auditor of DEGROW ApS?

DEGROW ApS most recently used Beierholm.

When was DEGROW ApS founded?

DEGROW ApS was founded on 12 March 2010.

What is the equity of DEGROW ApS?

Equity was DKK 579k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.