Design Selection ApS

CVR 36421290 · Private limited company (ApS) · Active · High risk

Design Selection ApS is a Private limited company (ApS), founded on , based in Hadsten. The company is registered in the industry agenturhandel med møbler, husholdningsartikler og isenkram. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 11 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 21k and a net result of DKK -2,188. CEO: Dan Boi Pedersen.

Bankruptcy risk for Design Selection ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO changes1 · bankruptcy rate 11.4%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
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×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
36421290
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Marsvej 1
8370 Hadsten
Municipality
Favrskov
Industry
Agenturhandel med møbler, husholdningsartikler og isenkram (461500)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
2 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 11
Missing annual reportNo
Negative equityNo
Equity ratio4.3%
Current ratio105%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 329kDKK 407k
Net profitDKK -2,188DKK 4,061
EquityDKK 21kDKK 245k
Total assetsDKK 486kDKK 570k
CashDKK 236k–
Short-term debtDKK 465k–
Tax owedDKK 528–
Avg. employees1–

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 Oct 2024 – 30 Sep 2025136
1 Oct 2023 – 30 Sep 2024113
1 Oct 2022 – 30 Sep 2023117
1 Oct 2021 – 30 Sep 2022102
1 Oct 2020 – 30 Sep 202177
1 Oct 2019 – 30 Sep 2020117
1 Oct 2018 – 30 Sep 2019113
1 Oct 2017 – 30 Sep 2018151
1 Oct 2016 – 30 Sep 201781
1 Oct 2015 – 30 Sep 2016125
30 Oct 2014 – 30 Sep 2015105

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
CEODan Boi PedersenCurrent
CEONiels Hultmann Pedersen
Owner (100%)Dan Boi PedersenCurrent
Owner (50%)NIELS HULTMANN HOLDING ApS
Owner (33%)DAN BOI PEDERSEN HOLDING ApS
Owner (100%)DAN BOI PEDERSEN HOLDING ApS
AuditorKvist & Jensen SR, Randers A/S
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderNIELS HULTMANN HOLDING ApSCurrent
FounderDAN BOI PEDERSEN HOLDING ApSCurrent

The CEOs' other companies

Dan Boi Pedersen – 1 other companies

Niels Hultmann Pedersen – 3 other companies

Address history (1 moves)

Marsvej 1, 8370 Hadsten
Astrupvej 1, 8370 Hadsten

Former names

Design Selection ApS – now
HULTMANN PLUS PEDERSEN ApS –

Employees per year

Number of employees at Design Selection ApS per year122015: 220152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Favrskov

Questions and answers about Design Selection ApS

Has Design Selection ApS gone bankrupt?

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

What is the bankruptcy risk of Design Selection ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the CEO of Design Selection ApS?

Dan Boi Pedersen is the CEO of Design Selection ApS.

Who is the auditor of Design Selection ApS?

Design Selection ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Design Selection ApS founded?

Design Selection ApS was founded on 30 October 2014.

What is the equity of Design Selection ApS?

Equity was DKK 21k 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.