FREY'S MONTAGE ApS

CVR 35387668 · Private limited company (ApS) · Active · Low risk

FREY'S MONTAGE ApS is a Private limited company (ApS), founded on , based in Ullerslev. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 13 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 231k and a net result of DKK 64k. CEO: Nicholas Christos Kostas Frey.

Bankruptcy risk for FREY'S MONTAGE ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Employees (latest year)2–5 · bankruptcy rate 10.3%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Equity ratio40%–60% · 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
35387668
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Østervej 17
5540 Ullerslev
Municipality
Nyborg
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 80k
Employees
2 (2018)
Auditor
Revisionsfirmaet Axel Gram I/S
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 13
Missing annual reportNo
Negative equityNo
Equity ratio46.4%
Current ratio191%
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 year20252024
Gross profitDKK 652kDKK 644k
Net profitDKK 64kDKK 83k
EquityDKK 231kDKK 302k
Total assetsDKK 499kDKK 492k
CashDKK 466k–
Short-term debtDKK 262k–
Tax owedDKK 16k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionsfirmaet Axel Gram I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025154
1 Jan 2024 – 31 Dec 2024161
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022158
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020169
1 Jan 2019 – 31 Dec 2019178
1 Jan 2018 – 31 Dec 2018134
1 Jan 2017 – 31 Dec 2017149
1 Jan 2016 – 31 Dec 2016122
1 Jan 2015 – 31 Dec 2015110
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 2013147

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
CEONicholas Christos Kostas FreyCurrent
Owner (100%)Nicholas Christos Kostas FreyCurrent
AuditorRevisionsfirmaet Axel Gram I/S
FounderNicholas Christos Kostas FreyCurrent

Address history (2 moves)

Østervej 17, 5540 Ullerslev
Østervej 17, 5540 Ullerslev
Nymarksvej 2, 5800 Nyborg

Employees per year

Number of employees at FREY'S MONTAGE ApS per year242013: 320132014: 420142015: 420152016: 120162017: 220172018: 22018

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Questions and answers about FREY'S MONTAGE ApS

Has FREY'S MONTAGE ApS gone bankrupt?

No, FREY'S MONTAGE ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of FREY'S MONTAGE ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of FREY'S MONTAGE ApS?

Nicholas Christos Kostas Frey is the CEO of FREY'S MONTAGE ApS.

Who is the auditor of FREY'S MONTAGE ApS?

FREY'S MONTAGE ApS most recently used Revisionsfirmaet Axel Gram I/S.

When was FREY'S MONTAGE ApS founded?

FREY'S MONTAGE ApS was founded on 27 June 2013.

What is the equity of FREY'S MONTAGE ApS?

Equity was DKK 231k 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.