ARMDAN HOLDING ApS

CVR 32884245 · Private limited company (ApS) · Active · Low risk

ARMDAN HOLDING ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry ikke-finansielle holdingselskaber. 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 (30 Jun 2026) shows equity of DKK 266k and a net result of DKK -42k. CEO: Michael Olsen.

Bankruptcy risk for ARMDAN HOLDING 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

CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
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×
Number of auditors (historical)2 · 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×

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
32884245
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Nebelvej 15
8700 Horsens
Municipality
Horsens
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Auditor
Cedra
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio67.3%
Current ratio0%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK -6,250DKK -6,250DKK -5,000
Net profitDKK -42kDKK 97kDKK -103k
EquityDKK 266kDKK 309kDKK 211k
Total assetsDKK 396kDKK 430kDKK 325k
Short-term debtDKK 129kDKK 122k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 2026112
1 Jul 2024 – 30 Jun 2025112
1 Jul 2023 – 30 Jun 202471
1 Jul 2022 – 30 Jun 202394
1 Jul 2021 – 30 Jun 202290
1 Jul 2020 – 30 Jun 2021114
1 Jul 2019 – 30 Jun 2020121
1 Jul 2018 – 30 Jun 2019106
1 Jul 2017 – 30 Jun 2018124
1 Jul 2016 – 30 Jun 2017105
1 Jul 2015 – 30 Jun 201699
1 Jul 2014 – 30 Jun 201587
1 Jul 2013 – 30 Jun 2014116
1 Jul 2012 – 30 Jun 201382
1 Jul 2011 – 30 Jun 2012115
27 Apr 2010 – 30 Jun 201176

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
CEOMichael OlsenCurrent
CEOZara Zakaryan Olsen
Owner (100%)Michael OlsenCurrent
Owner (50%)Michael Olsen
Owner (50%)Zara Zakaryan Olsen
AuditorROESGAARD A/S
AuditorCedra Godkendt Revisionsaktieselskab
FounderMichael OlsenCurrent
FounderZara Zakaryan OlsenCurrent

The CEOs' other companies

Michael Olsen – 4 other companies, of which 1 bankrupt

Zara Zakaryan Olsen – 2 other companies

Address history (1 moves)

Nebelvej 15, 8700 Horsens
Grønningen 22, 8700 Horsens

Other companies at the same address

Similar companies in Horsens

Questions and answers about ARMDAN HOLDING ApS

Has ARMDAN HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of ARMDAN HOLDING 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 ARMDAN HOLDING ApS?

Michael Olsen is the CEO of ARMDAN HOLDING ApS.

Who is the auditor of ARMDAN HOLDING ApS?

ARMDAN HOLDING ApS most recently used Cedra.

When was ARMDAN HOLDING ApS founded?

ARMDAN HOLDING ApS was founded on 27 April 2010.

What is the equity of ARMDAN HOLDING ApS?

Equity was DKK 266k according to the annual report for the period ending 30 June 2026.

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