Cordes X ApS

CVR 36923881 · Private limited company (ApS) · Active · Low risk

Cordes X ApS is a Private limited company (ApS), founded on , based in Frederiksværk. 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, 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 -32k and a net result of DKK 47k.

Bankruptcy risk for Cordes X 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

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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
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
36923881
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
c/o Cordes, Nattergalevej 4
3300 Frederiksværk
Municipality
Gribskov
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
BUUS JENSEN, Statsautoriserede revisorer
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-239.6%
Current ratio29%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -18kDKK -20kDKK -27k
Net profitDKK 47kDKK -21kDKK -26k
EquityDKK -32kDKK -79kDKK -58k
Total assetsDKK 13kDKK 28kDKK 42k
CashDKK 13kDKK 28k–
Short-term debtDKK 45kDKK 107k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BUUS JENSEN, Statsautoriserede revisorer.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021186 Late
1 Jan 2020 – 31 Dec 2020148
1 Jan 2019 – 31 Dec 2019170
1 Jan 2018 – 31 Dec 2018170
1 Jan 2017 – 31 Dec 2017185 Late
1 Jan 2016 – 31 Dec 2016164
1 Jan 2015 – 31 Dec 2015155

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
Owner (100%)Frederik Reckweg CordesCurrent
FounderFrederik Reckweg CordesCurrent

Address history (2 moves)

c/o Cordes, Nattergalevej 4, 3300 Frederiksværk
c/o Cordes, Næstvedgade 4, 3., 2100 København Ø
c/o Frederik Cordes, Henrik Ibsens Vej 9, 4. th, 1813 Frederiksberg C

Other companies at the same address

Similar companies in Gribskov

Questions and answers about Cordes X ApS

Has Cordes X ApS gone bankrupt?

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

What is the bankruptcy risk of Cordes X 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 Cordes X ApS?

Cordes X ApS most recently used BUUS JENSEN, Statsautoriserede revisorer.

When was Cordes X ApS founded?

Cordes X ApS was founded on 8 June 2015.

What is the equity of Cordes X ApS?

Equity was DKK -32k 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.