KIMBRIA - GREEN INNOVATION AND RECYCLING ApS

CVR 35655891 · Private limited company (ApS) · Active · Medium risk

KIMBRIA - GREEN INNOVATION AND RECYCLING ApS is a Private limited company (ApS), founded on , based in Aars. The company is registered in the industry detailhandel med andre nye varer. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 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 9,754 and a net result of DKK -180k. CEO: Karsten Luther Hjorth.

Bankruptcy risk for KIMBRIA - GREEN INNOVATION AND RECYCLING ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
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×
Loss for the yearYes · 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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
35655891
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Saltgårdvej 6
9600 Aars
Municipality
Vesthimmerlands
Industry
Detailhandel med andre nye varer (477800)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Auditor
Agillix
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 12
Missing annual reportNo
Negative equityNo
Equity ratio1.8%
Current ratio85%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -206kDKK 19kDKK 408k
Net profitDKK -180kDKK -9,405DKK 94k
EquityDKK 9,754DKK 190kDKK 294k
Total assetsDKK 542kDKK 773kDKK 1.0m
CashDKK 370kDKK 629k–
Short-term debtDKK 532kDKK 583k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Agillix.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021109
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019206 Late
1 Jan 2018 – 31 Dec 2018168
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015151
31 Jan 2014 – 31 Dec 2014147

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
CEOKarsten Luther HjorthCurrent
Owner (100%)Kimbria Holding ApSCurrent
Owner (100%)Karsten Luther Hjorth
AuditorDLBR REVISION, GODKENDT REVISIONSANPARTSSELSKAB
FounderKarsten Luther HjorthCurrent

The CEOs' other companies

Karsten Luther Hjorth – 5 other companies, of which 1 bankrupt

Address history (0 moves)

Saltgårdvej 6, 9600 Aars

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about KIMBRIA - GREEN INNOVATION AND RECYCLING ApS

Has KIMBRIA - GREEN INNOVATION AND RECYCLING ApS gone bankrupt?

No, KIMBRIA - GREEN INNOVATION AND RECYCLING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of KIMBRIA - GREEN INNOVATION AND RECYCLING ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of KIMBRIA - GREEN INNOVATION AND RECYCLING ApS?

Karsten Luther Hjorth is the CEO of KIMBRIA - GREEN INNOVATION AND RECYCLING ApS.

Who is the auditor of KIMBRIA - GREEN INNOVATION AND RECYCLING ApS?

KIMBRIA - GREEN INNOVATION AND RECYCLING ApS most recently used Agillix.

When was KIMBRIA - GREEN INNOVATION AND RECYCLING ApS founded?

KIMBRIA - GREEN INNOVATION AND RECYCLING ApS was founded on 31 January 2014.

What is the equity of KIMBRIA - GREEN INNOVATION AND RECYCLING ApS?

Equity was DKK 9,754 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.