Fremad Development ApS

CVR 36423439 · Private limited company (ApS) · Active · Low risk

Fremad Development ApS is a Private limited company (ApS), founded on , based in Holte. The company is registered in the industry administration af fast ejendom på kontraktbasis. Our model estimates a bankruptcy risk of 1.1% over the next 12 months, which is 0.8 times the average for Danish companies. 11 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 May 2025) shows equity of DKK -5.0m and a net result of DKK -195k. CEO: Claus True Hougesen, Peter Hilligsøe Trans.

Bankruptcy risk for Fremad Development ApS

1.1%
probability of bankruptcy within 12 months
Low risk

0.8 × the average (1.41%) · higher risk than 74% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×

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
36423439
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Vejlegårdsvej 9
2840 Holte
Municipality
Rudersdal
Industry
Administration af fast ejendom på kontraktbasis (683210)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 1.0m
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-15,170.1%
Current ratio54%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies1
Other companies at the address4
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -1,595DKK -29k
Net profitDKK -195kDKK -30k
EquityDKK -5.0mDKK -4.9m
Total assetsDKK 33kDKK 16k
CashDKK 18k–
Short-term debtDKK 61k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jun 2024 – 31 May 2025184 Late
1 Jun 2023 – 31 May 2024150
1 Jun 2022 – 31 May 2023124
1 Jun 2021 – 31 May 2022188 Late
1 Jun 2020 – 31 May 2021149
1 Jun 2019 – 31 May 2020179
1 Jun 2018 – 31 May 2019161
1 Jun 2017 – 31 May 2018168
1 Jun 2016 – 31 May 2017180
1 Jun 2015 – 31 May 2016169
4 Nov 2014 – 31 May 2015271 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
CEOClaus True HougesenCurrent
CEOPeter Hilligsøe TransCurrent
CEOKim Holtum Schouw
CEOCarsten Viggo Willum Ritzau
Owner (50%)SALM HOLDING ApSCurrent
Owner (50%)KANGAROO DEVELOPMENT ApSCurrent
Owner (25%)SALM HOLDING ApS
Owner (25%)KANGAROO DEVELOPMENT ApS
Owner (15%)CARSTEN RITZAU HOLDING ApS
Owner (15%)Holtum Schouw ApS
FounderKarsten RasmussenCurrent

The CEOs' other companies

Claus True Hougesen – 25 other companies, of which 5 bankrupt

Peter Hilligsøe Trans – 28 other companies, of which 2 bankrupt

Kim Holtum Schouw – 9 other companies, of which 4 bankrupt

Carsten Viggo Willum Ritzau – 4 other companies, of which 1 bankrupt

Address history (1 moves)

Vejlegårdsvej 9, 2840 Holte
Gravenstensvej 22, 3450 Allerød

Former names

Fremad Development ApS – now
3AIT HOLDING ApS –

Other companies at the same address

Similar companies in Rudersdal

Questions and answers about Fremad Development ApS

Has Fremad Development ApS gone bankrupt?

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

What is the bankruptcy risk of Fremad Development ApS?

Our model estimates a bankruptcy risk of 1.1% over the next 12 months (low risk), which is 0.8 times the average for Danish companies.

Who is the CEO of Fremad Development ApS?

Claus True Hougesen, Peter Hilligsøe Trans are the CEOs of Fremad Development ApS.

Who is the auditor of Fremad Development ApS?

Fremad Development ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was Fremad Development ApS founded?

Fremad Development ApS was founded on 4 November 2014.

What is the equity of Fremad Development ApS?

Equity was DKK -5.0m according to the annual report for the period ending 31 May 2025.

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