BLACKHILL YARNS ApS

CVR 36408502 · Private limited company (ApS) · Active · High risk

BLACKHILL YARNS ApS is a Private limited company (ApS), founded on , based in Hadsund. The company is registered in the industry detailhandel med andre kulturelle artikler i.a.n. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 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 (31 Dec 2025) shows equity of DKK -354k and a net result of DKK 375k. CEO: Liselotte Weller.

Bankruptcy risk for BLACKHILL YARNS ApS

5.9%
probability of bankruptcy within 12 months
High risk

4.2 × the average (1.41%) · higher risk than 93% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionNordjylland · bankruptcy rate 6.5%0.74×

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
36408502
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Håndværkervej 4
9560 Hadsund
Municipality
Mariagerfjord
Industry
Detailhandel med andre kulturelle artikler i.a.n (476990)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Employees
10 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-28.4%
Current ratio70%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 1.8mDKK 219k
Net profitDKK 375kDKK -1.2m
EquityDKK -354kDKK -729k
Total assetsDKK 1.2mDKK 1.1m
CashDKK 60k–
Short-term debtDKK 1.6m–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017166
1 Jan 2016 – 31 Dec 2016153
16 Oct 2014 – 31 Dec 2015152

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
CEOLiselotte WellerCurrent
Owner (100%)Liselotte WellerCurrent
FounderLiselotte WellerCurrent

Address history (1 moves)

Håndværkervej 4, 9560 Hadsund
Indkildevej 4A, 9210 Aalborg SØ

Employees per year

Number of employees at BLACKHILL YARNS ApS per year5102015: 720152016: 920162017: 820172018: 102018

Other companies at the same address

Similar companies in Mariagerfjord

Questions and answers about BLACKHILL YARNS ApS

Has BLACKHILL YARNS ApS gone bankrupt?

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

What is the bankruptcy risk of BLACKHILL YARNS ApS?

Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.

Who is the CEO of BLACKHILL YARNS ApS?

Liselotte Weller is the CEO of BLACKHILL YARNS ApS.

Who is the auditor of BLACKHILL YARNS ApS?

BLACKHILL YARNS ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was BLACKHILL YARNS ApS founded?

BLACKHILL YARNS ApS was founded on 16 October 2014.

What is the equity of BLACKHILL YARNS ApS?

Equity was DKK -354k 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.