GALSGAARDS ApS

CVR 33885938 · Private limited company (ApS) · Active · Low risk

GALSGAARDS ApS is a Private limited company (ApS), founded on , based in Holstebro. The company is registered in the industry detailhandel med møbler. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 14 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 1.1m and a net result of DKK -301k. CEO: Rene Nørremark Galsgaard.

Bankruptcy risk for GALSGAARDS ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Audit opted outYes · 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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Equity ratio40%–60% · 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×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
33885938
Status
Active
Company type
Private limited company (ApS)
Founded
(15 years)
Address
c/o René Nørremark Galsgaard, Viborgvej 26
7500 Holstebro
Municipality
Holstebro
Industry
Detailhandel med møbler (475510)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 80k
Employees
16 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 14
Missing annual reportNo
Negative equityNo
Equity ratio45.8%
Current ratio88%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 706kDKK 846k
Net profitDKK -301kDKK -5,647
EquityDKK 1.1mDKK 1.4m
Total assetsDKK 2.4mDKK 4.7m
CashDKK 93k–
Short-term debtDKK 140k–
Tax owedDKK 0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202520
1 Oct 2023 – 30 Sep 202411
1 Oct 2022 – 30 Sep 202325
1 Oct 2021 – 30 Sep 2022132
1 Oct 2020 – 30 Sep 2021138
1 Oct 2019 – 30 Sep 202040
1 Oct 2018 – 30 Sep 2019127
1 Oct 2017 – 30 Sep 201854
1 Oct 2016 – 30 Sep 2017151
1 Oct 2015 – 30 Sep 201682
1 Oct 2014 – 30 Sep 201598
1 Oct 2013 – 30 Sep 2014115
1 Oct 2012 – 30 Sep 201366
14 Sep 2011 – 30 Sep 2012175

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
CEORene Nørremark GalsgaardCurrent
Owner (100%)Galsgaards Holding ApSCurrent
Owner (100%)Rene Nørremark Galsgaard
FounderRene Nørremark GalsgaardCurrent

The CEOs' other companies

Rene Nørremark Galsgaard – 5 other companies, of which 1 bankrupt

Address history (1 moves)

c/o René Nørremark Galsgaard, Viborgvej 26, 7500 Holstebro
Viborgvej 13, 7500 Holstebro

Employees per year

Number of employees at GALSGAARDS ApS per year9172011: 1020112012: 620122013: 1620132014: 1420142015: 1620152016: 1720162017: 1520172018: 162018

Other companies at the same address

Similar companies in Holstebro

Questions and answers about GALSGAARDS ApS

Has GALSGAARDS ApS gone bankrupt?

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

What is the bankruptcy risk of GALSGAARDS ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of GALSGAARDS ApS?

Rene Nørremark Galsgaard is the CEO of GALSGAARDS ApS.

When was GALSGAARDS ApS founded?

GALSGAARDS ApS was founded on 14 September 2011.

What is the equity of GALSGAARDS ApS?

Equity was DKK 1.1m according to the annual report for the period ending 30 September 2025.

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