GERMANY PROPERTIES ApS

CVR 35238573 · Private limited company (ApS) · Active · Low risk

GERMANY PROPERTIES ApS is a Private limited company (ApS), founded on , based in Kerteminde. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 754k and a net result of DKK -72.

Bankruptcy risk for GERMANY PROPERTIES ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
35238573
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
c/o Henrik Bornebusch, Møllevej 26C
5300 Kerteminde
Municipality
Kerteminde
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Auditor
<p xmlns="http://www.w3.org/1999/xhtml">Advisor Revision</p> <p xmlns="http://www.w3.org/1999/xhtml">Statsautoriseret Revisionsanpartsselskab</p>
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 13
Missing annual reportNo
Negative equityNo
Equity ratio97.2%
Current ratio3,578%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 0DKK 0DKK 124k
Net profitDKK -72DKK 31kDKK 95k
EquityDKK 754kDKK 754kDKK 739k
Total assetsDKK 776kDKK 776kDKK 789k
CashDKK 993DKK 993–
Short-term debtDKK 22kDKK 22k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · <p xmlns="http://www.w3.org/1999/xhtml">Advisor Revision</p> <p xmlns="http://www.w3.org/1999/xhtml">Statsautoriseret Revisionsanpartsselskab</p>.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024153
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021116
1 Jan 2020 – 31 Dec 20205
1 Jan 2019 – 31 Dec 201931
1 Jan 2018 – 31 Dec 201846
1 Jan 2017 – 31 Dec 201722
1 Jan 2016 – 31 Dec 201618
1 Jan 2015 – 31 Dec 201561
1 Jan 2014 – 31 Dec 201455
6 May 2013 – 31 Dec 2013149

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
CEOCarsten Krogh
Owner (100%)HEB Odense Holding ApSCurrent
Owner (100%)CK HOLDING ODENSE ApS
AuditorBogføring I/S
AuditorR&R STATSAUTORISERET REVISIONSANPARTSSELSKAB
FounderCK HOLDING ODENSE ApSCurrent

The CEOs' other companies

Carsten Krogh – 24 other companies, of which 2 bankrupt

Address history (4 moves)

c/o Henrik Bornebusch, Møllevej 26C, 5300 Kerteminde
c/o Henrik Bornebusch, Søvangsparken 11, 5300 Kerteminde
c/o Carsten Krogh, Kongensgade 69E, 5., 5000 Odense C
c/o Carsten Krogh, Kongensgade 69E, 5000 Odense C
Nils Erlings Allé 34, 5250 Odense SV

Other companies at the same address

Similar companies in Kerteminde

Questions and answers about GERMANY PROPERTIES ApS

Has GERMANY PROPERTIES ApS gone bankrupt?

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

What is the bankruptcy risk of GERMANY PROPERTIES ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the auditor of GERMANY PROPERTIES ApS?

GERMANY PROPERTIES ApS most recently used <p xmlns="http://www.w3.org/1999/xhtml">Advisor Revision</p> <p xmlns="http://www.w3.org/1999/xhtml">Statsautoriseret Revisionsanpartsselskab</p>.

When was GERMANY PROPERTIES ApS founded?

GERMANY PROPERTIES ApS was founded on 6 May 2013.

What is the equity of GERMANY PROPERTIES ApS?

Equity was DKK 754k 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.