Classic Tyres ApS

CVR 36691301 · Private limited company (ApS) · Active · Low risk

Classic Tyres ApS is a Private limited company (ApS), founded on , based in Frederiksberg C. The company is registered in the industry engroshandel med reservedele og tilbehør til motorkøretøjer. 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, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 8.7m and a net result of DKK 3.3m.

Bankruptcy risk for Classic Tyres 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

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Restated annual reports2+ · bankruptcy rate 4.4%0.49×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
36691301
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
c/o Jørgen Nielsen, Frederiksberg Alle 66, 5.
1820 Frederiksberg C
Municipality
Frederiksberg
Industry
Engroshandel med reservedele og tilbehør til motorkøretøjer (467200)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 50k
Employees
0 (2016)
Auditor
V &amp; Co Revision
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 11
Missing annual reportNo
Negative equityNo
Equity ratio71.0%
Current ratio–
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.4mDKK 6.7mDKK 6.5m
Net profitDKK 3.3mDKK 4.5mDKK 4.8m
EquityDKK 8.7mDKK 9.4mDKK 4.9m
Total assetsDKK 12.3mDKK 13.3mDKK 6.5m
CashDKK 153kDKK 103k–
Short-term debtDKK 3.6mDKK 3.8m–
Tax owedDKK 1.1mDKK 2.7m–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · V &amp; Co Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024193 Late
1 Jan 2023 – 31 Dec 2023129
1 Jan 2022 – 31 Dec 2022199 Late
1 Jan 2021 – 31 Dec 2021176
1 Jan 2020 – 31 Dec 2020207 Late
1 Jan 2019 – 31 Dec 2019258 Late
1 Jan 2018 – 31 Dec 2018156
1 Jan 2017 – 31 Dec 2017102
1 Jan 2016 – 31 Dec 201630
23 Mar 2015 – 31 Dec 2015127

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
CEOJørgen Nielsen
BoardIver Winther
Owner (100%)DreamRoadNordic Holding ApSCurrent
Owner (100%)Leif Peter Nielsen
FounderClassic Tyres Holding ApSCurrent

The CEOs' other companies

Jørgen Nielsen – 13 other companies, of which 8 bankrupt

Address history (2 moves)

c/o Jørgen Nielsen, Frederiksberg Alle 66, 5., 1820 Frederiksberg C
c/o Jørgen Nielsen, Skodsborg Strandvej 142, 1. th, 2942 Skodsborg
Humlebjerg 15, 2700 Brønshøj

Employees per year

Number of employees at Classic Tyres ApS per year112015: 120152016: 02016

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about Classic Tyres ApS

Has Classic Tyres ApS gone bankrupt?

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

What is the bankruptcy risk of Classic Tyres 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 auditor of Classic Tyres ApS?

Classic Tyres ApS most recently used V &amp; Co Revision.

When was Classic Tyres ApS founded?

Classic Tyres ApS was founded on 23 March 2015.

What is the equity of Classic Tyres ApS?

Equity was DKK 8.7m 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.