KG HOLDING DANMARK ApS

CVR 35257802 · Private limited company (ApS) · Active · Medium risk

KG HOLDING DANMARK ApS is a Private limited company (ApS), founded on , based in Bedsted Thy. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 12 annual reports have been published, of which 9 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -118k and a net result of DKK -1,550. CEO: Ulrik Nielsen.

Bankruptcy risk for KG HOLDING DANMARK ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
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×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
35257802
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Skellebjergvej 2
7755 Bedsted Thy
Municipality
Thisted
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late10 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-117.5%
Current ratio–
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies5
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue––DKK 0
Gross profitDKK -1,375DKK -430DKK -4,781
Net profitDKK -1,550DKK -982DKK -11k
EquityDKK -118kDKK -116kDKK -215k
Total assetsDKK 100kDKK 100kDKK 80
Cash–DKK 0–
Short-term debtDKK 218kDKK 216k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025192 Late
1 Oct 2023 – 30 Sep 2024182
1 Oct 2022 – 30 Sep 2023198 Late
1 Oct 2021 – 30 Sep 2022214 Late
1 Oct 2020 – 30 Sep 2021184 Late
1 Jan 2019 – 31 Dec 2019252 Late
1 Jan 2018 – 31 Dec 2018177
1 Jan 2017 – 31 Dec 2017185 Late
1 Jan 2016 – 31 Dec 2016185 Late
1 Jan 2015 – 31 Dec 2015189 Late
1 Jan 2014 – 31 Dec 2014197 Late
11 Jun 2013 – 31 Dec 2013142

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
CEOUlrik NielsenCurrent
CEOKarsten Lyhne Godiksen
CEOUlrik Nielsen
CEOKarsten Lyhne Godiksen
Owner (100%)Karsten Lyhne GodiksenCurrent
Owner (100%)Karsten Lyhne Godiksen
Owner (100%)Ulrik Nielsen
FounderKarsten Lyhne GodiksenCurrent

The CEOs' other companies

Ulrik Nielsen – 10 other companies, of which 6 bankrupt

Karsten Lyhne Godiksen – 14 other companies, of which 11 bankrupt

Address history (0 moves)

Skellebjergvej 2, 7755 Bedsted Thy

Other companies at the same address

Similar companies in Thisted

Questions and answers about KG HOLDING DANMARK ApS

Has KG HOLDING DANMARK ApS gone bankrupt?

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

What is the bankruptcy risk of KG HOLDING DANMARK ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of KG HOLDING DANMARK ApS?

Ulrik Nielsen is the CEO of KG HOLDING DANMARK ApS.

When was KG HOLDING DANMARK ApS founded?

KG HOLDING DANMARK ApS was founded on 11 June 2013.

What is the equity of KG HOLDING DANMARK ApS?

Equity was DKK -118k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.