Kumledgård IVS

CVR 37096989 · Entrepreneurial company (IVS) · Being reinstated · Very high risk

Kumledgård IVS is a Entrepreneurial company (IVS), founded on , based in Bredebro. The company is registered in the industry investering for egen regning. Our model estimates a bankruptcy risk of 78.8% over the next 12 months, which is 56.0 times the average for Danish companies. 3 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2018) shows equity of DKK 798k and a net result of DKK 982k.

Bankruptcy risk for Kumledgård IVS

78.8%
probability of bankruptcy within 12 months
Very high risk

56.0 × the average (1.41%) · higher risk than 100% of active Danish companies

Lowest riskHighest risk

Increases the risk

Company typeIVS · bankruptcy rate 99.8%11.3×
Registered owners0 · bankruptcy rate 51.4%5.8×
Missing annual report (overdue)Yes · bankruptcy rate 35.2%4.0×
Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
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×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · 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×

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
37096989
Status
Being reinstated
Company type
Entrepreneurial company (IVS)
Founded
(11 years)
Address
Kummerlev 7
6261 Bredebro
Municipality
Tønder
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 10k
Auditor
Landbrugsrådgivning Syd I/S
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 3
Missing annual reportYes
Negative equityNo
Equity ratio57.4%
Current ratio235%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20182017
RevenueDKK 2.1m–
Gross profitDKK 1.0mDKK 650k
Net profitDKK 982kDKK 698k
EquityDKK 798kDKK -184k
Total assetsDKK 1.4mDKK 55k
CashDKK 245k–
Short-term debtDKK 592k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: Andre erklæringer uden sikkerhed · Landbrugsrådgivning Syd I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2018 – 31 Dec 2018193 Late
1 Jan 2017 – 31 Dec 2017171
21 Sep 2015 – 31 Dec 2016151

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
CEOHans Christian Riggelsen
Owner (100%)Hans Christian Riggelsen
FounderHans Christian Riggelsen

The CEOs' other companies

Hans Christian Riggelsen – 2 other companies

Address history (1 moves)

Kummerlev 7, 6261 Bredebro
Kummerlev 7, 6261 Bredebro

Former names

Kumledgård IVS – now
Kumledgård IVS –

Other companies at the same address

Similar companies in Tønder

Questions and answers about Kumledgård IVS

Has Kumledgård IVS gone bankrupt?

No, Kumledgård IVS is not registered as bankrupt in the CVR register. Its status is: being reinstated.

What is the bankruptcy risk of Kumledgård IVS?

Our model estimates a bankruptcy risk of 78.8% over the next 12 months (very high risk), which is 56.0 times the average for Danish companies.

Who is the auditor of Kumledgård IVS?

Kumledgård IVS most recently used Landbrugsrådgivning Syd I/S.

When was Kumledgård IVS founded?

Kumledgård IVS was founded on 21 September 2015.

What is the equity of Kumledgård IVS?

Equity was DKK 798k according to the annual report for the period ending 31 December 2018.

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