ERGO ApS

CVR 36437650 · Private limited company (ApS) · Active · Low risk

ERGO ApS is a Private limited company (ApS), founded on , based in Nibe. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 11 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 663k and a net result of DKK -34k. CEO: Frank Thinggaard.

Bankruptcy risk for ERGO ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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×
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×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
36437650
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Skovbakken 71
9240 Nibe
Municipality
Aalborg
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 11
Missing annual reportNo
Negative equityNo
Equity ratio98.4%
Current ratio6,442%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -33kDKK -33kDKK 49k
Net profitDKK -34kDKK -33kDKK 43k
EquityDKK 663kDKK 696kDKK 725k
Total assetsDKK 673kDKK 700kDKK 730k
CashDKK 0DKK 0–
Short-term debtDKK 10kDKK 3,246–
Tax owed–DKK 0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024229 Late
1 Jan 2023 – 31 Dec 2023213 Late
1 Jan 2022 – 31 Dec 2022198 Late
1 Jan 2021 – 31 Dec 2021208 Late
1 Jan 2020 – 31 Dec 2020215 Late
1 Jan 2019 – 31 Dec 2019260 Late
1 Jan 2018 – 31 Dec 2018162
1 Jan 2017 – 31 Dec 2017163
1 Jan 2016 – 31 Dec 2016167
18 Nov 2014 – 31 Dec 2015172

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 ThinggaardCurrent
Owner (100%)FT HOLDING ApSCurrent
FounderFT HOLDING ApSCurrent

The CEOs' other companies

Frank Thinggaard – 6 other companies, of which 2 bankrupt

Address history (2 moves)

Skovbakken 71, 9240 Nibe
Adelgade 38, 9500 Hobro
Skovbakken 71, 9240 Nibe

Former names

ERGO ApS – now
ERGO senge ApS –
IF FORSIKRINGSCENTER HOBRO ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about ERGO ApS

Has ERGO ApS gone bankrupt?

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

What is the bankruptcy risk of ERGO ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of ERGO ApS?

Frank Thinggaard is the CEO of ERGO ApS.

When was ERGO ApS founded?

ERGO ApS was founded on 18 November 2014.

What is the equity of ERGO ApS?

Equity was DKK 663k 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.