VADEHAVSBAGERIET ApS

CVR 34459754 · Private limited company (ApS) · Active · Medium risk

VADEHAVSBAGERIET ApS is a Private limited company (ApS), founded on , based in Ribe. The company is registered in the industry industriel fremstilling af brød og kager mv.. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 14 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 950k and a net result of DKK 58k. CEO: Leif Nygaard Kruse, Jytte Nissen Kruse.

Bankruptcy risk for VADEHAVSBAGERIET ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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
34459754
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
c/o Jytte Kruse og Leif Kruse, V Vedsted Vej 145
6760 Ribe
Municipality
Esbjerg
Industry
Industriel fremstilling af brød og kager mv. (107110)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 80k
Employees
7 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 14
Missing annual reportNo
Negative equityNo
Equity ratio42.0%
Current ratio166%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.5mDKK 2.9mDKK 2.7m
Net profitDKK 58kDKK 609kDKK 562k
EquityDKK 950kDKK 1.1mDKK 534k
Total assetsDKK 2.3mDKK 2.2mDKK 2.5m
Short-term debtDKK 946kDKK 1.1m–
Avg. employees55–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025154
1 Jan 2024 – 31 Dec 2024115
1 Jan 2023 – 31 Dec 2023106
1 Jan 2022 – 31 Dec 2022174
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020103
1 Jan 2019 – 31 Dec 201986
1 Jan 2018 – 31 Dec 2018113
1 Jan 2017 – 31 Dec 2017106
1 Jan 2016 – 31 Dec 2016114
1 Jan 2015 – 31 Dec 2015144
1 Jan 2014 – 31 Dec 201498
1 Jan 2013 – 31 Dec 2013125
13 Mar 2012 – 31 Dec 2012147

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
CEOLeif Nygaard KruseCurrent
CEOJytte Nissen KruseCurrent
Owner (100%)JL HOLDING RIBE ApSCurrent
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorNational Revision a/s
FounderJL HOLDING RIBE ApSCurrent

The CEOs' other companies

Leif Nygaard Kruse – 1 other companies

Jytte Nissen Kruse – 1 other companies

Address history (1 moves)

c/o Jytte Kruse og Leif Kruse, V Vedsted Vej 145, 6760 Ribe
c/o Jytte Kruse og Leif Kruse, V Vedsted Vej 145, 6760 Ribe

Employees per year

Number of employees at VADEHAVSBAGERIET ApS per year5102012: 1020122013: 920132014: 1020142015: 920152016: 1020162017: 920172018: 72018

Other companies at the same address

Questions and answers about VADEHAVSBAGERIET ApS

Has VADEHAVSBAGERIET ApS gone bankrupt?

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

What is the bankruptcy risk of VADEHAVSBAGERIET ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of VADEHAVSBAGERIET ApS?

Leif Nygaard Kruse, Jytte Nissen Kruse are the CEOs of VADEHAVSBAGERIET ApS.

Who is the auditor of VADEHAVSBAGERIET ApS?

VADEHAVSBAGERIET ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was VADEHAVSBAGERIET ApS founded?

VADEHAVSBAGERIET ApS was founded on 13 March 2012.

What is the equity of VADEHAVSBAGERIET ApS?

Equity was DKK 950k 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.