EJENDOMSSELSKABET ALGADE 1 ApS

CVR 34208069 · Private limited company (ApS) · Active · Low risk

EJENDOMSSELSKABET ALGADE 1 ApS is a Private limited company (ApS), founded on , based in Middelfart. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 (31 Dec 2025) shows equity of DKK 6.3m and a net result of DKK -1.4m. CEO: Knud Westergaard Christensen.

Bankruptcy risk for EJENDOMSSELSKABET ALGADE 1 ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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×

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
34208069
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
c/o KØB EJD AS, Poppelvænget 17
5500 Middelfart
Municipality
Middelfart
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 1.0m
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 14
Missing annual reportNo
Negative equityNo
Equity ratio30.2%
Current ratio201%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.4mDKK 1.4mDKK 1.3m
Net profitDKK -1.4mDKK 660kDKK 728k
EquityDKK 6.3mDKK 7.7mDKK 7.0m
Total assetsDKK 20.7mDKK 23.2mDKK 24.1m
CashDKK 692kDKK 215k–
Short-term debtDKK 346kDKK 320k–
Tax owedDKK 167kDKK 151k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025148
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022160
1 Jan 2021 – 31 Dec 2021170
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 2017153
1 Jan 2016 – 31 Dec 2016148
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014139
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012154

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
CEOKnud Westergaard ChristensenCurrent
BoardKnud Westergaard ChristensenCurrent
BoardErik MølgaardCurrent
BoardHans Christian Westergaard OstenfeldCurrent
BoardJohn Daniel Ostenfeldt Wolf
Owner (100%)KØB HOLDING ApSCurrent
Owner (100%)Knud Westergaard Christensen
Owner (33%)Knud Westergaard Christensen
Owner (50%)KØB HOLDING ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderKnud Westergaard ChristensenCurrent
FounderJohn Daniel Ostenfeldt WolfCurrent

The CEOs' other companies

Knud Westergaard Christensen – 16 other companies

Address history (4 moves)

c/o KØB EJD AS, Poppelvænget 17, 5500 Middelfart
c/o Købmandsgaarden AS, Jægervej 2, 1. tv, 7000 Fredericia
c/o Køb Ejd A/S, Poppelvænget 17, 5500 Middelfart
c/o Købmandsgaarden, Kauslundevej 103, 5500 Middelfart
Algade 1, 5592 Ejby

Other companies at the same address

Similar companies in Middelfart

Questions and answers about EJENDOMSSELSKABET ALGADE 1 ApS

Has EJENDOMSSELSKABET ALGADE 1 ApS gone bankrupt?

No, EJENDOMSSELSKABET ALGADE 1 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of EJENDOMSSELSKABET ALGADE 1 ApS?

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

Who is the CEO of EJENDOMSSELSKABET ALGADE 1 ApS?

Knud Westergaard Christensen is the CEO of EJENDOMSSELSKABET ALGADE 1 ApS.

Who is the auditor of EJENDOMSSELSKABET ALGADE 1 ApS?

EJENDOMSSELSKABET ALGADE 1 ApS most recently used EY Godkendt Revisionspartnerselskab.

When was EJENDOMSSELSKABET ALGADE 1 ApS founded?

EJENDOMSSELSKABET ALGADE 1 ApS was founded on 1 January 2012.

What is the equity of EJENDOMSSELSKABET ALGADE 1 ApS?

Equity was DKK 6.3m 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.