CECS ApS

CVR 35045015 · Private limited company (ApS) · Active · Medium risk

CECS ApS is a Private limited company (ApS), founded on , based in Hårlev. The company is registered in the industry engroshandel med cykler, sportsartikler og lystbåde. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 -164k and a net result of DKK -23k. CEO: Flemming Kærbo Larsen.

Bankruptcy risk for CECS ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% 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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · 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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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
35045015
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Genvej 2
4652 Hårlev
Municipality
Stevns
Industry
Engroshandel med cykler, sportsartikler og lystbåde (464910)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 13
Missing annual reportNo
Negative equityYes
Equity ratio-86.3%
Current ratio54%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.1mDKK 878kDKK -7,713
Net profitDKK -23kDKK -144kDKK -8,706
EquityDKK -164kDKK -141kDKK 2,926
Total assetsDKK 190kDKK 266kDKK 65k
CashDKK 22kDKK 20k–
Short-term debtDKK 354kDKK 408k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025118
1 Jan 2024 – 31 Dec 2024164
1 Jan 2023 – 31 Dec 2023160
1 Jan 2022 – 31 Dec 2022176
1 Jan 2021 – 31 Dec 2021166
1 Jan 2020 – 31 Dec 2020171
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 2018166
1 Jan 2017 – 31 Dec 2017158
1 Jan 2016 – 31 Dec 2016171
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014168
15 Feb 2013 – 31 Dec 2013139

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
CEOFlemming Kærbo LarsenCurrent
Owner (100%)Flemming Kærbo LarsenCurrent
Owner (100%)Flemming Kærbo Larsen
FounderFlemming Kærbo LarsenCurrent

The CEOs' other companies

Flemming Kærbo Larsen – 1 other companies

Address history (0 moves)

Genvej 2, 4652 Hårlev

Questions and answers about CECS ApS

Has CECS ApS gone bankrupt?

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

What is the bankruptcy risk of CECS ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of CECS ApS?

Flemming Kærbo Larsen is the CEO of CECS ApS.

When was CECS ApS founded?

CECS ApS was founded on 15 February 2013.

What is the equity of CECS ApS?

Equity was DKK -164k 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.