Racket House ApS

CVR 36931108 · Private limited company (ApS) · Active · Very high risk

Racket House ApS is a Private limited company (ApS), founded on , based in Odense SV. The company is registered in the industry detailhandel med sports- og fritidsudstyr. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 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 277k and a net result of DKK 1.9m. CEO: Torben van den Brekel Kulmbak, Mikkel Normann Hansen.

Bankruptcy risk for Racket House ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
36931108
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Holkebjergvej 120
5250 Odense SV
Municipality
Odense
Industry
Detailhandel med sports- og fritidsudstyr (476310)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 147k
Employees
7 (2018)
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityNo
Equity ratio0.8%
Current ratio108%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 13.8mDKK 11.1mDKK 5.4m
Net profitDKK 1.9mDKK -405kDKK -6.2m
EquityDKK 277kDKK -1.8mDKK -1.4m
Total assetsDKK 34.5mDKK 34.6mDKK 35.8m
CashDKK 38kDKK 54k–
Short-term debtDKK 26.6mDKK 25.9m–
Avg. employees2119–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202543
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023123
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020118
1 Jan 2019 – 31 Dec 201994
1 Jan 2018 – 31 Dec 201853
1 Jan 2017 – 31 Dec 201739
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 201575

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
CEOTorben van den Brekel KulmbakCurrent
CEOMikkel Normann HansenCurrent
BoardDavid Bøgevang Køster ChristensenCurrent
BoardTorben van den Brekel KulmbakCurrent
BoardLeif NørgaardCurrent
BoardMikkel Normann HansenCurrent
Owner (33%)Kulmbak Holding ApSCurrent
Owner (15%)Lind Family Holding A/SCurrent
Owner (20%)Normann Holding ApSCurrent
Owner (15%)Guerilla Capital ApSCurrent
Owner (50%)Torben van den Brekel Kulmbak
Owner (33%)Normann Holding ApS
Owner (50%)Kulmbak Holding ApS
Owner (10%)LoveMondays ApS
Owner (25%)Normann Holding ApS
Owner (10%)Guerilla Capital ApS
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
FounderTorben van den Brekel KulmbakCurrent

The CEOs' other companies

Torben van den Brekel Kulmbak – 2 other companies

Mikkel Normann Hansen – 2 other companies

Address history (3 moves)

Holkebjergvej 120, 5250 Odense SV
Blangstedgårdsvej 14, 5220 Odense SØ
Søndergade 22, 5000 Odense C
Frederiksberg Alle 59, 3. th, 1820 Frederiksberg C

Former names

Racket House ApS – now
ZERV ApS –
Racket Sport Empire ApS –
Badmintonshoppen ApS –

Employees per year

Number of employees at Racket House ApS per year472015: 120152016: 520162017: 520172018: 72018

Other companies at the same address

Similar companies in Odense

Questions and answers about Racket House ApS

Has Racket House ApS gone bankrupt?

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

What is the bankruptcy risk of Racket House ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Racket House ApS?

Torben van den Brekel Kulmbak, Mikkel Normann Hansen are the CEOs of Racket House ApS.

Who is the auditor of Racket House ApS?

Racket House ApS most recently used AIDER Godkendt Revisionsaktieselskab.

When was Racket House ApS founded?

Racket House ApS was founded on 18 June 2015.

What is the equity of Racket House ApS?

Equity was DKK 277k 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.