SPIRIT ICONS ApS

CVR 33593821 · Private limited company (ApS) · Active · Very high risk

SPIRIT ICONS ApS is a Private limited company (ApS), founded on , based in Middelfart. The company is registered in the industry engroshandel med ure og smykker. Our model estimates a bankruptcy risk of 24.0% over the next 12 months, which is 17.1 times the average for Danish companies. 14 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -3.0m and a net result of DKK -4.6m. CEO: Daniel Kim Majgaard Christensen.

Bankruptcy risk for SPIRIT ICONS ApS

24.0%
probability of bankruptcy within 12 months
Very high risk

17.1 × the average (1.41%) · higher risk than 100% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
33593821
Status
Active
Company type
Private limited company (ApS)
Founded
(15 years)
Address
Fynsvej 60 b
5500 Middelfart
Municipality
Middelfart
Industry
Engroshandel med ure og smykker (464800)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.1m
Employees
9 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 14
Missing annual reportNo
Negative equityYes
Equity ratio-20.8%
Current ratio72%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 316kDKK 9.2mDKK 10.9m
Net profitDKK -4.6mDKK 669kDKK 2.0m
EquityDKK -3.0mDKK 1.6mDKK 882k
Total assetsDKK 14.6mDKK 19.0mDKK 18.1m
CashDKK 235kDKK 219k–
Short-term debtDKK 17.3mDKK 1.4m–
Tax owedDKK 0––
Avg. employees1010–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025200 Late
1 Jul 2023 – 30 Jun 2024173
1 Jul 2022 – 30 Jun 2023118
1 Jul 2021 – 30 Jun 2022166
1 Jul 2020 – 30 Jun 2021161
1 Jul 2019 – 30 Jun 2020183
1 Jul 2018 – 30 Jun 2019158
1 Jul 2017 – 30 Jun 2018167
1 Jul 2016 – 30 Jun 2017175
1 Jul 2015 – 30 Jun 2016166
1 Jul 2014 – 30 Jun 2015171
1 Jul 2013 – 30 Jun 2014172
1 Jul 2012 – 30 Jun 2013172
8 Apr 2011 – 30 Jun 2012143

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
CEODaniel Kim Majgaard ChristensenCurrent
CEOTim Kragh Christensen
BoardTim Kragh ChristensenCurrent
BoardDaniel Kim Majgaard ChristensenCurrent
BoardSusanne Møller Duhn
BoardDaniel Kim Majgaard Christensen
BoardHenrik Duhn
BoardHenrik Duhn
BoardHans Jakob Johannsen
Owner (100%)DMC HOLDING ApSCurrent
Owner (67%)Daniel Kim Majgaard Christensen
Owner (25%)ÆBELHOLT ApS
Owner (67%)DMC HOLDING ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorREGNAR STAUGAARD
AuditorHUNDERUP HOLDING GODKENDT REVISIONSAKTIESELSKAB
AuditorAIDER Godkendt Revisionsaktieselskab
AuditorAIDER Godkendt Revisionsaktieselskab
FounderTKC HOLDING MIDDELFART ApSCurrent
FounderDMC HOLDING ApSCurrent

The CEOs' other companies

Daniel Kim Majgaard Christensen – 1 other companies

Tim Kragh Christensen – 5 other companies, of which 2 bankrupt

Address history (3 moves)

Fynsvej 60 b, 5500 Middelfart
Fynsvej 60 b, 5500 Middelfart
Røjlemosevej 57, 5500 Middelfart
Vestergade 35, 5500 Middelfart

Employees per year

Number of employees at SPIRIT ICONS ApS per year5102013: 220132014: 320142015: 320152016: 420162017: 1020172018: 92018

Other companies at the same address

Similar companies in Middelfart

Questions and answers about SPIRIT ICONS ApS

Has SPIRIT ICONS ApS gone bankrupt?

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

What is the bankruptcy risk of SPIRIT ICONS ApS?

Our model estimates a bankruptcy risk of 24.0% over the next 12 months (very high risk), which is 17.1 times the average for Danish companies.

Who is the CEO of SPIRIT ICONS ApS?

Daniel Kim Majgaard Christensen is the CEO of SPIRIT ICONS ApS.

Who is the auditor of SPIRIT ICONS ApS?

SPIRIT ICONS ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was SPIRIT ICONS ApS founded?

SPIRIT ICONS ApS was founded on 8 April 2011.

What is the equity of SPIRIT ICONS ApS?

Equity was DKK -3.0m 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.