BØRNENES KARTEL ApS

CVR 35853367 · Private limited company (ApS) · Active · Medium risk

BØRNENES KARTEL ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry detailhandel med baby- og børnetøj. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 11 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 148k and a net result of DKK -11.1m. CEO: Heidi Ellegaard Krogh.

Bankruptcy risk for BØRNENES KARTEL 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

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · 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
35853367
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Virkelyst 36
7400 Herning
Municipality
Herning
Industry
Detailhandel med baby- og børnetøj (477120)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Employees
20 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 11
Missing annual reportNo
Negative equityNo
Equity ratio1.6%
Current ratio89%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1.7mDKK -4.0m
Net profitDKK -11.1mDKK -13.3m
EquityDKK 148kDKK 759k
Total assetsDKK 9.0mDKK 10.4m
CashDKK 323k–
Short-term debtDKK 8.9m–
Avg. employees17–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025182
1 Oct 2023 – 30 Sep 2024197 Late
1 Oct 2022 – 30 Sep 2023188 Late
1 Oct 2021 – 30 Sep 2022181
1 Oct 2020 – 30 Sep 2021160
1 Oct 2019 – 30 Sep 2020163
1 Oct 2018 – 30 Sep 2019162
1 Oct 2017 – 30 Sep 2018157
1 Oct 2016 – 30 Sep 2017151
1 Oct 2015 – 30 Sep 2016165
14 May 2014 – 30 Sep 2015161

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
CEOHeidi Ellegaard KroghCurrent
CEOTorben Krogh
BoardHeidi Ellegaard Krogh
BoardRune Nørgaard Risom
BoardTorben Krogh
BoardLouise Fiedler Vestergaard
Owner (100%)DXKOM II ApSCurrent
Owner (100%)TRAINZ ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderTRAINZ ApSCurrent

The CEOs' other companies

Torben Krogh – 10 other companies

Address history (1 moves)

Virkelyst 36, 7400 Herning
Østerlund 4, 7400 Herning

Employees per year

Number of employees at BØRNENES KARTEL ApS per year10202015: 920152016: 1220162017: 1820172018: 202018

Other companies at the same address

Similar companies in Herning

Questions and answers about BØRNENES KARTEL ApS

Has BØRNENES KARTEL ApS gone bankrupt?

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

What is the bankruptcy risk of BØRNENES KARTEL 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 BØRNENES KARTEL ApS?

Heidi Ellegaard Krogh is the CEO of BØRNENES KARTEL ApS.

Who is the auditor of BØRNENES KARTEL ApS?

BØRNENES KARTEL ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was BØRNENES KARTEL ApS founded?

BØRNENES KARTEL ApS was founded on 14 May 2014.

What is the equity of BØRNENES KARTEL ApS?

Equity was DKK 148k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.