SHOP4ARTEFACT ApS

CVR 35853790 · Private limited company (ApS) · Active · Low risk

SHOP4ARTEFACT ApS is a Private limited company (ApS), founded on , based in Odense M. The company is registered in the industry detailhandel med kunst mv.. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 54k and a net result of DKK -9,805. CEO: Bjerke Børre Frandsen, Lau Børre Frandsen.

Bankruptcy risk for SHOP4ARTEFACT ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%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

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
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
35853790
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Hunderupvej 132
5230 Odense M
Municipality
Odense
Industry
Detailhandel med kunst mv. (476920)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 12
Missing annual reportNo
Negative equityNo
Equity ratio87.9%
Current ratio827%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -9,805DKK -7,662DKK -8,081
Net profitDKK -9,805DKK -7,662DKK -8,081
EquityDKK 54kDKK 44kDKK 28k
Total assetsDKK 62kDKK 51kDKK 36k
CashDKK 8,981DKK 4,786–
Short-term debtDKK 7,500DKK 7,500–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024161
1 Jan 2023 – 31 Dec 2023159
1 Jan 2022 – 31 Dec 2022153
1 Jan 2021 – 31 Dec 2021139
1 Jan 2020 – 31 Dec 2020161
1 Jan 2019 – 31 Dec 2019232 Late
1 Jan 2018 – 31 Dec 2018142
1 Jan 2017 – 31 Dec 2017146
1 Jan 2016 – 31 Dec 2016144
1 Jan 2015 – 31 Dec 2015158
19 May 2014 – 31 Dec 2014135

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
CEOBjerke Børre FrandsenCurrent
CEOLau Børre FrandsenCurrent
Owner (100%)NORBJERK INVEST ApSCurrent
AuditorDatoselskabet af den 3. juli 2016 RVT P/S
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderNORBJERK INVEST ApSCurrent

The CEOs' other companies

Lau Børre Frandsen – 7 other companies, of which 4 bankrupt

Address history (1 moves)

Hunderupvej 132, 5230 Odense M
Hunderupvej 132, 5230 Odense M

Other companies at the same address

Similar companies in Odense

Questions and answers about SHOP4ARTEFACT ApS

Has SHOP4ARTEFACT ApS gone bankrupt?

No, SHOP4ARTEFACT ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of SHOP4ARTEFACT ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of SHOP4ARTEFACT ApS?

Bjerke Børre Frandsen, Lau Børre Frandsen are the CEOs of SHOP4ARTEFACT ApS.

Who is the auditor of SHOP4ARTEFACT ApS?

SHOP4ARTEFACT ApS most recently used Beierholm.

When was SHOP4ARTEFACT ApS founded?

SHOP4ARTEFACT ApS was founded on 19 May 2014.

What is the equity of SHOP4ARTEFACT ApS?

Equity was DKK 54k 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.