Sandvad Holding ApS

CVR 36683716 · Private limited company (ApS) · Active · Low risk

Sandvad Holding ApS is a Private limited company (ApS), founded on , based in Aarhus V. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 11 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 132k and a net result of DKK 53k. CEO: Mads Christian Sandvad.

Bankruptcy risk for Sandvad Holding ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · 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
36683716
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
c/o Mads Christian Sandvad, Fuglesangs Allé 43
8210 Aarhus V
Municipality
Aarhus
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityNo
Equity ratio20.7%
Current ratio1,420%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 95kDKK 50k
Net profitDKK 53kDKK 39k
EquityDKK 132kDKK 79k
Total assetsDKK 637kDKK 460k
CashDKK 937–
Short-term debtDKK 19k–
Tax owedDKK 16k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 2020199 Late
1 Jan 2019 – 31 Dec 2019239 Late
1 Jan 2018 – 31 Dec 2018164
1 Jan 2017 – 31 Dec 2017166
1 Jan 2016 – 31 Dec 2016169
15 Mar 2015 – 31 Dec 2015153

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
CEOMads Christian SandvadCurrent
CEOMads Christian Sandvad
CEOAnne-Mette Damhøj Sandvad
Owner (50%)Mads Christian SandvadCurrent
Owner (50%)Anne-Mette Damhøj SandvadCurrent
FounderMads Christian SandvadCurrent
FounderAnne-Mette Damhøj SandvadCurrent

The CEOs' other companies

Mads Christian Sandvad – 5 other companies

Anne-Mette Damhøj Sandvad – 1 other companies

Address history (1 moves)

c/o Mads Christian Sandvad, Fuglesangs Allé 43, 8210 Aarhus V
c/o Mads Sandvad, Fuglesangs Allé 43, 8210 Aarhus V

Former names

Sandvad Holding ApS – now
Sandvad Holding IVS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Sandvad Holding ApS

Has Sandvad Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Sandvad Holding ApS?

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

Who is the CEO of Sandvad Holding ApS?

Mads Christian Sandvad is the CEO of Sandvad Holding ApS.

When was Sandvad Holding ApS founded?

Sandvad Holding ApS was founded on 15 March 2015.

What is the equity of Sandvad Holding ApS?

Equity was DKK 132k 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.