FAIR WORK ApS

CVR 35808817 · Private limited company (ApS) · Active · Very high risk

FAIR WORK ApS is a Private limited company (ApS), founded on , based in Ørsted. The company is registered in the industry udlejning og leasing af entreprenørmateriel. Our model estimates a bankruptcy risk of 10.9% over the next 12 months, which is 7.7 times the average for Danish companies. 12 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -62k and a net result of DKK -26k. CEO: Keld Sauer Petersen.

Bankruptcy risk for FAIR WORK ApS

10.9%
probability of bankruptcy within 12 months
Very high risk

7.7 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
35808817
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Bodevej 13
8950 Ørsted
Municipality
Norddjurs
Industry
Udlejning og leasing af entreprenørmateriel (773200)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 50k
Employees
5 (2018)
Auditor
Kovsted &amp; Skovgård, Statsautoriseret revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-49.9%
Current ratio96%
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 year202520242023
Gross profitDKK 46kDKK 26kDKK 51k
Net profitDKK -26kDKK -41kDKK -21k
EquityDKK -62kDKK -36kDKK 5,218
Total assetsDKK 125kDKK 185kDKK 246k
CashDKK 3,368DKK 11k–
Short-term debtDKK 100kDKK 65k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Kovsted &amp; Skovgård, Statsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025162
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023117
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019177
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 201771
1 Jan 2016 – 31 Dec 201697
1 Jan 2015 – 31 Dec 2015123
20 Mar 2014 – 31 Dec 2014230 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
CEOKeld Sauer PetersenCurrent
Owner (100%)Keld Sauer PetersenCurrent
AuditorVelas I/S
AuditorKOVSTED & SKOVGÅRD, REVISION & RÅDGIVNING, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorKOVSTED & SKOVGÅRD, REVISION & RÅDGIVNING, STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderKeld Sauer PetersenCurrent

The CEOs' other companies

Keld Sauer Petersen – 3 other companies

Address history (0 moves)

Bodevej 13, 8950 Ørsted

Employees per year

Number of employees at FAIR WORK ApS per year472014: 020142015: 020152016: 420162017: 720172018: 52018

Similar companies in Norddjurs

Questions and answers about FAIR WORK ApS

Has FAIR WORK ApS gone bankrupt?

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

What is the bankruptcy risk of FAIR WORK ApS?

Our model estimates a bankruptcy risk of 10.9% over the next 12 months (very high risk), which is 7.7 times the average for Danish companies.

Who is the CEO of FAIR WORK ApS?

Keld Sauer Petersen is the CEO of FAIR WORK ApS.

Who is the auditor of FAIR WORK ApS?

FAIR WORK ApS most recently used Kovsted &amp; Skovgård, Statsautoriseret revisionspartnerselskab.

When was FAIR WORK ApS founded?

FAIR WORK ApS was founded on 20 March 2014.

What is the equity of FAIR WORK ApS?

Equity was DKK -62k 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.