GRINDSTED BILLARD & MINIGOLF ApS

CVR 36438797 · Private limited company (ApS) · Active · Low risk

GRINDSTED BILLARD & MINIGOLF ApS is a Private limited company (ApS), founded on , based in Grindsted. The company is registered in the industry engroshandel med andre husholdningsartikler 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 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 692k and a net result of DKK 37k. CEO: Kristian Duus.

Bankruptcy risk for GRINDSTED BILLARD & MINIGOLF 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
36438797
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Gammel Vejlevej 2B
7200 Grindsted
Municipality
Billund
Industry
Engroshandel med andre husholdningsartikler i.a.n. (464990)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
4 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 11
Missing annual reportNo
Negative equityNo
Equity ratio28.1%
Current ratio136%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.2mDKK 1.1mDKK 1.0m
Net profitDKK 37kDKK 109kDKK 106k
EquityDKK 692kDKK 656kDKK 547k
Total assetsDKK 2.5mDKK 2.4mDKK 2.1m
CashDKK 1,286DKK 306–
Short-term debtDKK 1.8mDKK 1.7m–
Tax owedDKK 5,558DKK 0–
Avg. employees33–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025180
1 Jul 2023 – 30 Jun 2024175
1 Jul 2022 – 30 Jun 2023174
1 Jul 2021 – 30 Jun 2022188 Late
1 Jul 2020 – 30 Jun 2021164
1 Jul 2019 – 30 Jun 2020162
1 Jul 2018 – 30 Jun 2019138
1 Jul 2017 – 30 Jun 2018167
1 Jul 2016 – 30 Jun 2017133
1 Jul 2015 – 30 Jun 2016166
14 Nov 2014 – 30 Jun 2015169

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
CEOKristian DuusCurrent
CEOKristian Duus
CEOEdith Nilsson
Owner (50%)Edith NilssonCurrent
Owner (50%)Jacob Pagh ØstergaardCurrent
FounderEdith NilssonCurrent
FounderJacob Pagh ØstergaardCurrent

The CEOs' other companies

Kristian Duus – 19 other companies, of which 3 bankrupt

Address history (1 moves)

Gammel Vejlevej 2B, 7200 Grindsted
Gammel Vejlevej 2B, 7200 Grindsted

Employees per year

Number of employees at GRINDSTED BILLARD & MINIGOLF ApS per year472014: 020142015: 420152016: 420162017: 720172018: 42018

Other companies at the same address

Similar companies in Billund

Questions and answers about GRINDSTED BILLARD & MINIGOLF ApS

Has GRINDSTED BILLARD & MINIGOLF ApS gone bankrupt?

No, GRINDSTED BILLARD & MINIGOLF ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of GRINDSTED BILLARD & MINIGOLF 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 GRINDSTED BILLARD & MINIGOLF ApS?

Kristian Duus is the CEO of GRINDSTED BILLARD & MINIGOLF ApS.

When was GRINDSTED BILLARD & MINIGOLF ApS founded?

GRINDSTED BILLARD & MINIGOLF ApS was founded on 14 November 2014.

What is the equity of GRINDSTED BILLARD & MINIGOLF ApS?

Equity was DKK 692k according to the annual report for the period ending 30 June 2025.

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