AARS HOTEL ApS

CVR 34722978 · Private limited company (ApS) · Active · Medium risk

AARS HOTEL ApS is a Private limited company (ApS), founded on , based in Aars. The company is registered in the industry drift af hoteller og lignende overnatningsfaciliteter. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 13 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 1.2m and a net result of DKK 242k. CEO: Morten Nørgaard Kristensen.

Bankruptcy risk for AARS HOTEL ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · 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 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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
34722978
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Himmerlandsgade 111
9600 Aars
Municipality
Vesthimmerlands
Industry
Drift af hoteller og lignende overnatningsfaciliteter (551000)
Bankruptcies in the industry: Hoteller
Share capital
DKK 80k
Employees
14 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 13
Missing annual reportNo
Negative equityNo
Equity ratio17.1%
Current ratio121%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.9mDKK 3.7m
Net profitDKK 242kDKK 1.1m
EquityDKK 1.2mDKK 1.8m
Total assetsDKK 7.2mDKK 8.2m
CashDKK 11k–
Short-term debtDKK 1.1m–
Tax owedDKK 25k–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023158
1 Jan 2022 – 31 Dec 2022149
1 Jan 2021 – 31 Dec 2021169
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019241 Late
1 Jan 2018 – 31 Dec 2018110
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015158
1 Jan 2014 – 31 Dec 2014168
17 Oct 2012 – 31 Dec 2013162

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
CEOMorten Nørgaard KristensenCurrent
Owner (100%)MORTEN NØRGAARD HOLDING AARS ApSCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
FounderMORTEN NØRGAARD HOLDING AARS ApSCurrent

The CEOs' other companies

Morten Nørgaard Kristensen – 7 other companies, of which 1 bankrupt

Address history (0 moves)

Himmerlandsgade 111, 9600 Aars

Employees per year

Number of employees at AARS HOTEL ApS per year12242012: 020122013: 2020132014: 2420142015: 1620152016: 1720162017: 1320172018: 142018

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about AARS HOTEL ApS

Has AARS HOTEL ApS gone bankrupt?

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

What is the bankruptcy risk of AARS HOTEL ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of AARS HOTEL ApS?

Morten Nørgaard Kristensen is the CEO of AARS HOTEL ApS.

Who is the auditor of AARS HOTEL ApS?

AARS HOTEL ApS most recently used Beierholm.

When was AARS HOTEL ApS founded?

AARS HOTEL ApS was founded on 17 October 2012.

What is the equity of AARS HOTEL ApS?

Equity was DKK 1.2m 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.