GRASVÆRK ApS

CVR 35654658 · Private limited company (ApS) · Active · Medium risk

GRASVÆRK ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry produktion af film, videoer og tv-programmer. 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 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 149k and a net result of DKK 602k. CEO: Lars Therkild Therkildsen.

Bankruptcy risk for GRASVÆRK 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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
35654658
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Filmbyen 2, 3.
8000 Aarhus C
Municipality
Aarhus
Industry
Produktion af film, videoer og TV-programmer (591100)
Bankruptcies in the industry: Produktion af film og videofilm
Share capital
DKK 50k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 12
Missing annual reportNo
Negative equityNo
Equity ratio51.3%
Current ratio205%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address26
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.2mDKK -8,464DKK 118k
Net profitDKK 602kDKK -378kDKK -398k
EquityDKK 149kDKK -452kDKK -74k
Total assetsDKK 291kDKK 23kDKK 101k
CashDKK 132kDKK 23k–
Short-term debtDKK 142kDKK 475k–
Tax owedDKK 46k––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025185 Late
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023194 Late
1 Jan 2022 – 31 Dec 2022189 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019154
1 Jan 2018 – 31 Dec 2018123
1 Jan 2017 – 31 Dec 2017106
1 Jan 2016 – 31 Dec 2016149
1 Jan 2015 – 31 Dec 2015146
31 Jan 2014 – 31 Dec 2014160

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
CEOLars Therkild TherkildsenCurrent
CEOPeter Hyldahl
BoardPeter HyldahlCurrent
BoardLars Therkild TherkildsenCurrent
BoardCharter Mc Closkey
Owner (100%)Lars Therkild TherkildsenCurrent
Owner (25%)Lars Therkild Therkildsen
Owner (25%)Charter Mc Closkey
Owner (50%)BEO ApS
Owner (50%)BEOFILM ApS
Owner (67%)BEOFILM ApS
AuditorDLBR REVISION, GODKENDT REVISIONSANPARTSSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderLars Therkild TherkildsenCurrent
FounderCharter Mc CloskeyCurrent
FounderBEO ApSCurrent

The CEOs' other companies

Peter Hyldahl – 11 other companies, of which 1 bankrupt

Address history (3 moves)

Filmbyen 2, 3., 8000 Aarhus C
Stadion Allé 70, 8000 Aarhus C
Fredens Torv 1B, 2. TH, 8000 Aarhus C
Vestergade 58T, st., 8000 Aarhus C

Employees per year

Number of employees at GRASVÆRK ApS per year482014: 220142015: 520152016: 520162017: 820172018: 22018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about GRASVÆRK ApS

Has GRASVÆRK ApS gone bankrupt?

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

What is the bankruptcy risk of GRASVÆRK 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 GRASVÆRK ApS?

Lars Therkild Therkildsen is the CEO of GRASVÆRK ApS.

When was GRASVÆRK ApS founded?

GRASVÆRK ApS was founded on 31 January 2014.

What is the equity of GRASVÆRK ApS?

Equity was DKK 149k 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.