FAVOLA ApS

CVR 32836437 · Private limited company (ApS) · Active · Medium risk

FAVOLA ApS is a Private limited company (ApS), founded on , based in Frederiksberg. The company is registered in the industry detailhandel med andre nye varer. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 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 308k and a net result of DKK 81k. CEO: Mia Timm Erlund.

Bankruptcy risk for FAVOLA ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
32836437
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Smallegade 28, st. 4
2000 Frederiksberg
Municipality
Frederiksberg
Industry
Detailhandel med andre nye varer (477800)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 80k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 16
Missing annual reportNo
Negative equityNo
Equity ratio44.3%
Current ratio163%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 163kDKK -70kDKK 169k
Net profitDKK 81kDKK -189kDKK 131k
EquityDKK 308kDKK 227kDKK 416k
Total assetsDKK 695kDKK 283kDKK 483k
CashDKK 221kDKK 178k–
Short-term debtDKK 387kDKK 56k–
Tax owedDKK 0DKK 34k–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025124
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020193 Late
1 Jan 2019 – 31 Dec 2019235 Late
1 Jan 2018 – 31 Dec 2018150
1 Jan 2017 – 31 Dec 2017165
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 2015139
1 Jan 2014 – 31 Dec 2014133
1 Jan 2013 – 31 Dec 2013154
1 Jan 2012 – 31 Dec 2012161
1 Jan 2011 – 31 Dec 2011159
1 Apr 2010 – 31 Dec 2010170

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
CEOMia Timm ErlundCurrent
Owner (100%)ERLUND HOLDING ApSCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderERLUND HOLDING ApSCurrent
FounderEjendomsselskabet Stubben ApSCurrent

The CEOs' other companies

Mia Timm Erlund – 5 other companies

Address history (5 moves)

Smallegade 28, st. 4, 2000 Frederiksberg
Bagergade 15, 4850 Stubbekøbing
Tolstojs Alle 30, 2860 Søborg
c/o Rabenhorst, Strandvejen 132A, 4. tv, 2900 Hellerup
c/o Mia Erlund, Dalstrøget 101, 3. tv, 2870 Dyssegård
Søborg Hovedgade 55, 1., 2860 Søborg

Employees per year

Number of employees at FAVOLA ApS per year362011: 520112012: 620122013: 520132014: 620142015: 220152016: 020162017: 020172018: 22018

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about FAVOLA ApS

Has FAVOLA ApS gone bankrupt?

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

What is the bankruptcy risk of FAVOLA ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of FAVOLA ApS?

Mia Timm Erlund is the CEO of FAVOLA ApS.

When was FAVOLA ApS founded?

FAVOLA ApS was founded on 1 April 2010.

What is the equity of FAVOLA ApS?

Equity was DKK 308k 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.