SOLAR MAGIC ApS

CVR 34204381 · Private limited company (ApS) · Active · High risk

SOLAR MAGIC ApS is a Private limited company (ApS), founded on , based in Hurup Thy. The company is registered in the industry detailhandel med byggematerialer og værktøj. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 14 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 -782k and a net result of DKK -181k. CEO: Bo Høje Christensen.

Bankruptcy risk for SOLAR MAGIC ApS

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
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

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionNordjylland · bankruptcy rate 6.5%0.74×

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
34204381
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Kammersgårdsvej 36
7760 Hurup Thy
Municipality
Thisted
Industry
Detailhandel med byggematerialer og værktøj (475220)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 80k
Employees
0 (2015)
Auditor
Redmark, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 14
Missing annual reportNo
Negative equityYes
Equity ratio-241.7%
Current ratio28%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -178kDKK -159kDKK 692k
Net profitDKK -181kDKK -187kDKK 623k
EquityDKK -782kDKK -601kDKK -415k
Total assetsDKK 324kDKK 531kDKK 1.1m
CashDKK 266kDKK 326k–
Short-term debtDKK 1.1mDKK 1.1m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023151
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021172
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 2019189 Late
1 Jan 2018 – 31 Dec 2018165
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016115
1 Jan 2015 – 31 Dec 2015161
1 Jan 2014 – 31 Dec 2014110
1 Jan 2013 – 31 Dec 2013125
23 Dec 2011 – 31 Dec 2012136

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
CEOBo Høje ChristensenCurrent
Owner (100%)SOLAR TRONIC HOLDING ApSCurrent
AuditorHenrik Højbjerre Statsautoriseret Revisionsvirksomhed
Auditor18. juni 2024 P/S
FounderSOLAR TRONIC HOLDING ApSCurrent

The CEOs' other companies

Bo Høje Christensen – 1 other companies

Address history (1 moves)

Kammersgårdsvej 36, 7760 Hurup Thy
Faurskovvej 18, 8370 Hadsten

Employees per year

Number of employees at SOLAR MAGIC ApS per year122012: 220122013: 220132014: 120142015: 02015

Other companies at the same address

Similar companies in Thisted

Questions and answers about SOLAR MAGIC ApS

Has SOLAR MAGIC ApS gone bankrupt?

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

What is the bankruptcy risk of SOLAR MAGIC ApS?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of SOLAR MAGIC ApS?

Bo Høje Christensen is the CEO of SOLAR MAGIC ApS.

Who is the auditor of SOLAR MAGIC ApS?

SOLAR MAGIC ApS most recently used Redmark, Godkendt Revisionspartnerselskab.

When was SOLAR MAGIC ApS founded?

SOLAR MAGIC ApS was founded on 23 December 2011.

What is the equity of SOLAR MAGIC ApS?

Equity was DKK -782k 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.