Administration Søndergade ApS

CVR 35631763 · Private limited company (ApS) · Active · Very high risk

Administration Søndergade ApS is a Private limited company (ApS), founded on , based in Aarup. The company is registered in the industry opførelse af bygninger. Our model estimates a bankruptcy risk of 13.3% over the next 12 months, which is 9.4 times the average for Danish companies. 12 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 841k and a net result of DKK -4.1m. CEO: Ib Fløe Bundgaard.

Bankruptcy risk for Administration Søndergade ApS

13.3%
probability of bankruptcy within 12 months
Very high risk

9.4 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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
35631763
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Søndergade 16
5560 Aarup
Municipality
Assens
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 1.0m
Employees
4 (2018)
Auditor
AAEN & CO. STATSAUTORISEREDE REVISORER P/S
Audit opted out
No

Warning signs

Annual reports filed late7 of 12
Missing annual reportNo
Negative equityNo
Equity ratio4.3%
Current ratio112%
Moves (last 2 years)1
CEO changes in total5
CEO's previous bankruptcies2
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 807kDKK 744kDKK -8.3m
Net profitDKK -4.1mDKK 460kDKK 3.6m
EquityDKK 841kDKK 4.9mDKK 4.4m
Total assetsDKK 19.5mDKK 19.6mDKK 47.5m
CashDKK 3.1mDKK 488k–
Short-term debtDKK 17.4mDKK 14.5m–
Avg. employees42–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025193 Late
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 2023191 Late
1 Jan 2022 – 31 Dec 2022195 Late
1 Oct 2020 – 31 Dec 2021188 Late
1 Oct 2019 – 30 Sep 2020167
1 Oct 2018 – 30 Sep 2019168
1 Oct 2017 – 30 Sep 2018165
1 Oct 2016 – 30 Sep 2017165
1 Oct 2015 – 30 Sep 2016160
1 Oct 2014 – 30 Sep 2015187 Late
7 Jan 2014 – 30 Sep 2014182

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
CEOIb Fløe BundgaardCurrent
CEOBorris Tangaa Nielsen
CEOIb Fløe Bundgaard
CEOJan Abrahamsen Mortensen
BoardBorris Tangaa NielsenCurrent
BoardIb Fløe BundgaardCurrent
BoardKirsten Tangaa NielsenCurrent
BoardJan Abrahamsen Mortensen
Owner (100%)Nordarken Holding A/SCurrent
Owner (100%)BORRIS NIELSEN ApS
Owner (100%)Borris Tangaa Nielsen
Owner (20%)J.P. MORTENSEN HOLDING ApS
Owner (67%)Nordarken Holding A/S
AuditorAAEN & CO. STATSAUTORISEREDE REVISORER P/SCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderBORRIS NIELSEN ApSCurrent

The CEOs' other companies

Ib Fløe Bundgaard – 27 other companies, of which 2 bankrupt

Borris Tangaa Nielsen – 49 other companies, of which 14 bankrupt

Jan Abrahamsen Mortensen – 7 other companies, of which 3 bankrupt

Address history (2 moves)

Søndergade 16, 5560 Aarup
Nordre Strandvej 267, 3140 Ålsgårde
Søndergade 16, 5560 Aarup

Former names

Administration Søndergade ApS – now
Mortensen & Nielsen ApS –
ADMINISTRATION SØNDERGADE ApS –

Employees per year

Number of employees at Administration Søndergade ApS per year352014: 220142015: 320152016: 320162017: 520172018: 42018

Other companies at the same address

Similar companies in Assens

Questions and answers about Administration Søndergade ApS

Has Administration Søndergade ApS gone bankrupt?

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

What is the bankruptcy risk of Administration Søndergade ApS?

Our model estimates a bankruptcy risk of 13.3% over the next 12 months (very high risk), which is 9.4 times the average for Danish companies.

Who is the CEO of Administration Søndergade ApS?

Ib Fløe Bundgaard is the CEO of Administration Søndergade ApS.

Who is the auditor of Administration Søndergade ApS?

Administration Søndergade ApS most recently used AAEN & CO. STATSAUTORISEREDE REVISORER P/S.

When was Administration Søndergade ApS founded?

Administration Søndergade ApS was founded on 7 January 2014.

What is the equity of Administration Søndergade ApS?

Equity was DKK 841k 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.