SANDWICH DK ApS

CVR 36547863 · Private limited company (ApS) · Active · Medium risk

SANDWICH DK ApS is a Private limited company (ApS), founded on , based in Kastrup. The company is registered in the industry drift af øvrige spisesteder. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 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 (31 Dec 2025) shows equity of DKK -136k and a net result of DKK 26k. CEO: Michael Larsen.

Bankruptcy risk for SANDWICH DK ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% 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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%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×
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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · 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
36547863
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Latyrus Alle 20
2770 Kastrup
Municipality
Tårnby
Industry
Drift af øvrige spisesteder (561190)
Bankruptcies in the industry: Restauranter
Share capital
DKK 50k
Employees
0 (2016)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-241.2%
Current ratio29%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 36kDKK 76kDKK 31k
Net profitDKK 26kDKK 66kDKK 21k
EquityDKK -136kDKK -162kDKK -228k
Total assetsDKK 56kDKK 74kDKK 57k
CashDKK 56kDKK 74k–
Short-term debtDKK 193kDKK 236k–
Avg. employees20–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 2024105
1 Jan 2023 – 31 Dec 202395
1 Jan 2022 – 31 Dec 202286
1 Jan 2021 – 31 Dec 202182
1 Jan 2020 – 31 Dec 2020118
1 Jan 2019 – 31 Dec 2019231 Late
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 2017149
1 Jan 2016 – 31 Dec 2016142
16 Feb 2015 – 31 Dec 2015148

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 LarsenCurrent
Owner (50%)Jesper LarsenCurrent
Owner (50%)Michael LarsenCurrent
FounderJesper LarsenCurrent
FounderMichael LarsenCurrent

The CEOs' other companies

Michael Larsen – 6 other companies

Address history (0 moves)

Latyrus Alle 20, 2770 Kastrup

Employees per year

Number of employees at SANDWICH DK ApS per year112015: 120152016: 02016

Other companies at the same address

Similar companies in Tårnby

Questions and answers about SANDWICH DK ApS

Has SANDWICH DK ApS gone bankrupt?

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

What is the bankruptcy risk of SANDWICH DK ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of SANDWICH DK ApS?

Michael Larsen is the CEO of SANDWICH DK ApS.

When was SANDWICH DK ApS founded?

SANDWICH DK ApS was founded on 16 February 2015.

What is the equity of SANDWICH DK ApS?

Equity was DKK -136k 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.