HORSE INVEST ApS

CVR 35397132 · Private limited company (ApS) · Active · Medium risk

HORSE INVEST ApS is a Private limited company (ApS), founded on , based in Brande. The company is registered in the industry avl af heste og dyr af hestefamilien. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 12 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 173k and a net result of DKK 92k. CEO: Dennis Noes Michaelsen.

Bankruptcy risk for HORSE INVEST 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

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%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×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · 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
35397132
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Vibevej 14
7330 Brande
Municipality
Ikast-Brande
Industry
Avl af heste og dyr af hestefamilien (014300)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 80k
Employees
3 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 12
Missing annual reportNo
Negative equityNo
Equity ratio53.6%
Current ratio215%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 720kDKK 619kDKK 604k
Net profitDKK 92kDKK 64kDKK 52k
EquityDKK 173kDKK 81kDKK 16k
Total assetsDKK 323kDKK 217kDKK 209k
CashDKK 176kDKK 24k–
Short-term debtDKK 150kDKK 136k–
Tax owedDKK 27kDKK 19k–
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 2025142
1 Jan 2024 – 31 Dec 2024142
1 Jan 2023 – 31 Dec 2023155
1 Jan 2022 – 31 Dec 202282
1 Jan 2021 – 31 Dec 2021124
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019259 Late
1 Jan 2018 – 31 Dec 2018191 Late
1 Jan 2017 – 31 Dec 2017176
1 Jan 2016 – 31 Dec 2016156
1 Jan 2015 – 31 Dec 2015322 Late
2 Jul 2013 – 31 Dec 2014232 Late

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
CEODennis Noes MichaelsenCurrent
CEODennis Noes Michaelsen
CEODennis Noes Michaelsen
CEOSara Noes Michaelsen
Owner (100%)Horse Invest Holding ApSCurrent
Owner (100%)Kristina Noes Nielsen
Owner (100%)Sara Noes Michaelsen
AuditorHVASS Rådgivning A/S
FounderKristina Noes NielsenCurrent

The CEOs' other companies

Dennis Noes Michaelsen – 3 other companies, of which 1 bankrupt

Address history (5 moves)

Vibevej 14, 7330 Brande
Tingskoven 53, 7330 Brande
Frisbækvej 4A, 8766 Nørre Snede
c/o Dennis Noes Nielsen, Tingskoven 53, 7330 Brande
c/o Dennis Noes Nielsen, Søbyen 14, 1. th, 8660 Skanderborg
c/o Kristina Pedersen, Rådhus Alle 22, 8830 Tjele

Employees per year

Number of employees at HORSE INVEST ApS per year242015: 020152016: 220162017: 420172018: 32018

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about HORSE INVEST ApS

Has HORSE INVEST ApS gone bankrupt?

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

What is the bankruptcy risk of HORSE INVEST 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 HORSE INVEST ApS?

Dennis Noes Michaelsen is the CEO of HORSE INVEST ApS.

When was HORSE INVEST ApS founded?

HORSE INVEST ApS was founded on 2 July 2013.

What is the equity of HORSE INVEST ApS?

Equity was DKK 173k 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.