Handar ApS

CVR 36057386 · Private limited company (ApS) · Active · Low risk

Handar ApS is a Private limited company (ApS), founded on , based in Grenaa. The company is registered in the industry drift af hoteller og lignende overnatningsfaciliteter. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 595k and a net result of DKK -86k. CEO: Frank Ladegaard Erichsen, Simon Jul Jørgensen.

Bankruptcy risk for Handar 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · 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
36057386
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Revnvej 34
8500 Grenaa
Municipality
Norddjurs
Industry
Drift af hoteller og lignende overnatningsfaciliteter (551000)
Bankruptcies in the industry: Hoteller
Share capital
DKK 120k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 12
Missing annual reportNo
Negative equityNo
Equity ratio58.6%
Current ratio3%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 129kDKK 151kDKK 75k
Gross profitDKK -85kDKK 76kDKK -12k
Net profitDKK -86kDKK 40kDKK -17k
EquityDKK 595kDKK 681kDKK 641k
Total assetsDKK 1.0mDKK 1.0mDKK 1.0m
Cash–DKK 98k–
Short-term debtDKK 367kDKK 339k–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024126
1 Jan 2023 – 31 Dec 2023170
1 Jan 2022 – 31 Dec 2022131
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 2020154
1 Jan 2019 – 31 Dec 2019232 Late
1 Jan 2018 – 31 Dec 2018144
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015147
1 Aug 2014 – 31 Dec 2014496 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
CEOFrank Ladegaard ErichsenCurrent
CEOSimon Jul JørgensenCurrent
CEOFrank Ladegaard Erichsen
CEORikke Hedman
CEORikke Hedman
Owner (50%)Simon Jul JørgensenCurrent
Owner (50%)Frank Ladegaard ErichsenCurrent
FounderFrank Ladegaard ErichsenCurrent
FounderRikke HedmanCurrent

The CEOs' other companies

Simon Jul Jørgensen – 4 other companies

Rikke Hedman – 2 other companies

Address history (2 moves)

Revnvej 34, 8500 Grenaa
Revnvej 7, 8500 Grenaa
Nordlige Bjergevej 1, 8270 Højbjerg

Former names

Handar ApS – now
KASTANIEGAARDEN.COM IVS –

Other companies at the same address

Questions and answers about Handar ApS

Has Handar ApS gone bankrupt?

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

What is the bankruptcy risk of Handar 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 Handar ApS?

Frank Ladegaard Erichsen, Simon Jul Jørgensen are the CEOs of Handar ApS.

When was Handar ApS founded?

Handar ApS was founded on 1 August 2014.

What is the equity of Handar ApS?

Equity was DKK 595k 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.