Billig Olie ApS

CVR 37136050 · Private limited company (ApS) · Active · Low risk

Billig Olie ApS is a Private limited company (ApS), founded on , based in Stouby. The company is registered in the industry detailhandel med andre nye varer. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 10 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 1.8m and a net result of DKK 584k. CEO: Bjarke Kjæhr, Søren Smidstrup.

Bankruptcy risk for Billig Olie ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
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
37136050
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Stevnsvej 2
7140 Stouby
Municipality
Hedensted
Industry
Detailhandel med andre nye varer (477800)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 102k
Employees
0 (2018)
Auditor
Revision Ry & Hammel Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 10
Missing annual reportNo
Negative equityNo
Equity ratio27.9%
Current ratio139%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.1mDKK 2.1m
Net profitDKK 584kDKK 939k
EquityDKK 1.8mDKK 1.5m
Total assetsDKK 6.4mDKK 7.3m
CashDKK 4.6m–
Short-term debtDKK 4.6m–
Tax owedDKK 145k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · EKL Revision, en del af: Revision Ry & Hammel Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202577
1 Jan 2024 – 31 Dec 2024143
1 Jan 2023 – 31 Dec 2023136
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019246 Late
1 Jan 2018 – 31 Dec 2018168
1 Jan 2017 – 31 Dec 2017170
6 Oct 2015 – 31 Dec 2016171

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
CEOBjarke KjæhrCurrent
CEOSøren SmidstrupCurrent
Owner (50%)Bjarke KjæhrCurrent
Owner (50%)SS DAMGAARDEN HOLDING ApSCurrent
Owner (50%)Søren Smidstrup
AuditorRevision Ry & Hammel Godkendt RevisionsaktieselskabCurrent
FounderBjarke KjæhrCurrent

The CEOs' other companies

Søren Smidstrup – 10 other companies

Address history (1 moves)

Stevnsvej 2, 7140 Stouby
Slåenvej 19, 7000 Fredericia

Employees per year

Number of employees at Billig Olie ApS per year112016: 020162018: 02018

Other companies at the same address

Similar companies in Hedensted

Questions and answers about Billig Olie ApS

Has Billig Olie ApS gone bankrupt?

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

What is the bankruptcy risk of Billig Olie ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Billig Olie ApS?

Bjarke Kjæhr, Søren Smidstrup are the CEOs of Billig Olie ApS.

Who is the auditor of Billig Olie ApS?

Billig Olie ApS most recently used Revision Ry & Hammel Godkendt Revisionsaktieselskab.

When was Billig Olie ApS founded?

Billig Olie ApS was founded on 6 October 2015.

What is the equity of Billig Olie ApS?

Equity was DKK 1.8m 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.