Billing Boats Denmark ApS

CVR 36993189 · Private limited company (ApS) · Active · Low risk

Billing Boats Denmark ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry fremstilling af spil og legetøj. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 10 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 2.2m and a net result of DKK -841k. CEO: Johnny Vestergaard.

Bankruptcy risk for Billing Boats Denmark ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
36993189
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Jegindøvej 21
8800 Viborg
Municipality
Viborg
Industry
Fremstilling af spil og legetøj (324000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 50k
Employees
4 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio33.8%
Current ratio151%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 78kDKK 186k
Net profitDKK -841kDKK -724k
EquityDKK 2.2mDKK 3.1m
Total assetsDKK 6.6mDKK 7.4m
CashDKK 80k–
Short-term debtDKK 4.4m–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025175
1 Jul 2023 – 30 Jun 2024175
1 Jul 2022 – 30 Jun 2023175
1 Jul 2021 – 30 Jun 2022172
1 Jul 2020 – 30 Jun 2021153
1 Jul 2019 – 30 Jun 2020164
1 Jul 2018 – 30 Jun 2019156
1 Jul 2017 – 30 Jun 2018158
1 Jul 2016 – 30 Jun 2017163
19 Aug 2015 – 30 Jun 2016156

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
CEOJohnny VestergaardCurrent
Owner (100%)VESTERGAARD A/SCurrent
FounderVESTERGAARD A/SCurrent

The CEOs' other companies

Johnny Vestergaard – 32 other companies, of which 2 bankrupt

Address history (1 moves)

Jegindøvej 21, 8800 Viborg
Jegindøvej 21, 8800 Viborg

Employees per year

Number of employees at Billing Boats Denmark ApS per year472015: 220152016: 720162017: 520172018: 42018

Other companies at the same address

Similar companies in Viborg

Questions and answers about Billing Boats Denmark ApS

Has Billing Boats Denmark ApS gone bankrupt?

No, Billing Boats Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Billing Boats Denmark ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Billing Boats Denmark ApS?

Johnny Vestergaard is the CEO of Billing Boats Denmark ApS.

Who is the auditor of Billing Boats Denmark ApS?

Billing Boats Denmark ApS most recently used Beierholm.

When was Billing Boats Denmark ApS founded?

Billing Boats Denmark ApS was founded on 19 August 2015.

What is the equity of Billing Boats Denmark ApS?

Equity was DKK 2.2m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.