Femmasteren ApS

CVR 37171093 · Private limited company (ApS) · Active · Medium risk

Femmasteren ApS is a Private limited company (ApS), founded on , based in Marstal. The company is registered in the industry drift af ferieboliger og andre overnatningsfaciliteter til kortvarige ophold. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 10 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 2025) shows equity of DKK -976k and a net result of DKK 111k. CEO: Ulla Mac Donald Nørgaard.

Bankruptcy risk for Femmasteren ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%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×
Gross profit growth0%–10% · 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×
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
37171093
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Færgestræde 29
5960 Marstal
Municipality
Ærø
Industry
Drift af ferieboliger og andre overnatningsfaciliteter til kortvarige ophold (552000)
Bankruptcies in the industry: Hoteller
Share capital
DKK 50k
Employees
1 (2018)
Auditor
RevisorGruppen v/ Gotfredsen I/S
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-39.4%
Current ratio61%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 664kDKK 646kDKK 766k
Net profitDKK 111kDKK 209kDKK -52k
EquityDKK -976kDKK -1.1mDKK -1.3m
Total assetsDKK 2.5mDKK 3.2mDKK 3.1m
CashDKK 32kDKK 2,149–
Short-term debtDKK 599kDKK 1.4m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RevisorGruppen v/ Gotfredsen I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025154
1 Jan 2024 – 31 Dec 2024163
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022167
1 Jan 2021 – 31 Dec 2021130
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019183
1 Jan 2018 – 31 Dec 2018156
1 Jan 2017 – 31 Dec 2017124
20 Oct 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
CEOUlla Mac Donald NørgaardCurrent
CEOHans Jørgen Nørgaard Kirk
Owner (50%)Ulla Mac Donald NørgaardCurrent
Owner (50%)Kirk Bau GmbHCurrent
Owner (33%)Ulla Mac Donald Nørgaard
Owner (25%)Carsten Nørgaard
Owner (33%)Hans Jørgen Nørgaard Kirk
Owner (33%)Kirk Bau GmbH
FounderUlla Mac Donald NørgaardCurrent
FounderCarsten NørgaardCurrent
FounderHans Jørgen Nørgaard KirkCurrent

The CEOs' other companies

Ulla Mac Donald Nørgaard – 5 other companies, of which 1 bankrupt

Address history (1 moves)

Færgestræde 29, 5960 Marstal
c/o Ulla Nørgaard, Teglgade 39, 5960 Marstal

Employees per year

Number of employees at Femmasteren ApS per year112016: 120162017: 120172018: 12018

Similar companies in Ærø

Questions and answers about Femmasteren ApS

Has Femmasteren ApS gone bankrupt?

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

What is the bankruptcy risk of Femmasteren ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Femmasteren ApS?

Ulla Mac Donald Nørgaard is the CEO of Femmasteren ApS.

Who is the auditor of Femmasteren ApS?

Femmasteren ApS most recently used RevisorGruppen v/ Gotfredsen I/S.

When was Femmasteren ApS founded?

Femmasteren ApS was founded on 20 October 2015.

What is the equity of Femmasteren ApS?

Equity was DKK -976k 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.