AF GROUP ApS

CVR 36471530 · Private limited company (ApS) · Active · Low risk

AF GROUP ApS is a Private limited company (ApS), founded on , based in Struer. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 11 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 1.2m and a net result of DKK -186k. CEO: Michael Ambolt Folman.

Bankruptcy risk for AF GROUP ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
36471530
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Ellekjærvej 1
7600 Struer
Municipality
Struer
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 11
Missing annual reportNo
Negative equityNo
Equity ratio85.7%
Current ratio544%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Net profitDKK -186kDKK 494k
EquityDKK 1.2mDKK 1.6m
Total assetsDKK 1.4mDKK 1.6m
CashDKK 665k–
Short-term debtDKK 148k–
Tax owedDKK 1,741–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025161
1 Jul 2023 – 30 Jun 2024117
1 Jul 2022 – 30 Jun 2023110
1 Jul 2021 – 30 Jun 2022146
1 Jul 2020 – 30 Jun 2021154
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019162
1 Jul 2017 – 30 Jun 2018159
1 Jul 2016 – 30 Jun 2017161
1 Jul 2015 – 30 Jun 2016147
1 Jul 2014 – 30 Jun 2015133

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
CEOMichael Ambolt FolmanCurrent
Owner (100%)Michael Ambolt FolmanCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorKreston SR STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab

The CEOs' other companies

Michael Ambolt Folman – 4 other companies

Address history (0 moves)

Ellekjærvej 1, 7600 Struer

Other companies at the same address

Similar companies in Struer

Questions and answers about AF GROUP ApS

Has AF GROUP ApS gone bankrupt?

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

What is the bankruptcy risk of AF GROUP ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of AF GROUP ApS?

Michael Ambolt Folman is the CEO of AF GROUP ApS.

Who is the auditor of AF GROUP ApS?

AF GROUP ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was AF GROUP ApS founded?

AF GROUP ApS was founded on 18 December 2014.

What is the equity of AF GROUP ApS?

Equity was DKK 1.2m 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.