Blue Food Aps

CVR 37092851 · Private limited company (ApS) · Active · Low risk

Blue Food Aps is a Private limited company (ApS), founded on , based in Nykøbing M. The company is registered in the industry forarbejdning og konservering af fisk, krebsdyr og bløddyr, undtagen fiskemel. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 10 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -407k and a net result of DKK -55k. CEO: Lars Erik Holtegaard.

Bankruptcy risk for Blue Food Aps

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
37092851
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
c/o Lars Erik Holtegaard, Lundkjærvej 36
7900 Nykøbing M
Municipality
Morsø
Industry
Forarbejdning og konservering af fisk, krebsdyr og bløddyr, undtagen fiskemel (102020)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 50k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-267.2%
Current ratio2%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address6
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -25kDKK -20kDKK 14k
Net profitDKK -55kDKK -68kDKK -24k
EquityDKK -407kDKK -353kDKK -285k
Total assetsDKK 152kDKK 186kDKK 208k
CashDKK 46DKK 4,054–
Short-term debtDKK 480kDKK 458k–
Avg. employees01–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025183
1 Jul 2023 – 30 Jun 2024202 Late
1 Jul 2022 – 30 Jun 2023194 Late
1 Jul 2021 – 30 Jun 2022178
1 Jul 2020 – 30 Jun 2021168
1 Jul 2019 – 30 Jun 2020169
1 Jul 2018 – 30 Jun 2019173
1 Jul 2017 – 30 Jun 2018198 Late
1 Jul 2016 – 30 Jun 2017173
17 Sep 2015 – 30 Jun 2016165

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
CEOLars Erik HoltegaardCurrent
Owner (100%)BALANUS HOLDING ApSCurrent
FounderBALANUS HOLDING ApSCurrent

The CEOs' other companies

Lars Erik Holtegaard – 13 other companies, of which 5 bankrupt

Address history (0 moves)

c/o Lars Erik Holtegaard, Lundkjærvej 36, 7900 Nykøbing M

Other companies at the same address

Similar companies in Morsø

Questions and answers about Blue Food Aps

Has Blue Food Aps gone bankrupt?

No, Blue Food Aps is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Blue Food Aps?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Blue Food Aps?

Lars Erik Holtegaard is the CEO of Blue Food Aps.

Who is the auditor of Blue Food Aps?

Blue Food Aps most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Blue Food Aps founded?

Blue Food Aps was founded on 17 September 2015.

What is the equity of Blue Food Aps?

Equity was DKK -407k 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.