CB Lubricants Danmark ApS

CVR 37234729 · Private limited company (ApS) · Active · Medium risk

CB Lubricants Danmark ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry engroshandel med fast, flydende og luftformigt brændstof og lignende varer. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 10 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -685k and a net result of DKK -495k. CEO: Haraldur Hjalmar Olafsson.

Bankruptcy risk for CB Lubricants Danmark ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
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
37234729
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Gungevej 9
2650 Hvidovre
Municipality
Hvidovre
Industry
Engroshandel med fast, flydende og luftformigt brændstof og lignende varer (468100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
5 (2018)
Auditor
SCHYBERG LYKKE REGISTRERET REVISIONSANPARTSSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late6 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-127.4%
Current ratio58%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.5mDKK 828kDKK 2.0m
Net profitDKK -495kDKK -936kDKK -598k
EquityDKK -685kDKK -190kDKK 746k
Total assetsDKK 538kDKK 2.0mDKK 9.7m
CashDKK 14kDKK 192k–
Short-term debtDKK 920kDKK 1.9m–
Avg. employees34–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · Schyberg ∙ Lykke Registreret revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023166
1 Jan 2022 – 31 Dec 2022215 Late
1 Jan 2021 – 31 Dec 2021218 Late
1 Jan 2020 – 31 Dec 2020207 Late
1 Jan 2019 – 31 Dec 2019258 Late
1 Jan 2018 – 31 Dec 2018168
1 Jan 2017 – 31 Dec 2017183
16 Nov 2015 – 31 Dec 2016184 Late

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
CEOHaraldur Hjalmar OlafssonCurrent
Owner (100%)HO HOLDING ApSCurrent
AuditorSCHYBERG LYKKE REGISTRERET REVISIONSANPARTSSELSKABCurrent
AuditorREV OG RÅD ApS
FounderHO HOLDING ApSCurrent

The CEOs' other companies

Haraldur Hjalmar Olafsson – 7 other companies, of which 1 bankrupt

Address history (0 moves)

Gungevej 9, 2650 Hvidovre

Employees per year

Number of employees at CB Lubricants Danmark ApS per year362016: 620162017: 620172018: 52018

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about CB Lubricants Danmark ApS

Has CB Lubricants Danmark ApS gone bankrupt?

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

What is the bankruptcy risk of CB Lubricants Danmark ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of CB Lubricants Danmark ApS?

Haraldur Hjalmar Olafsson is the CEO of CB Lubricants Danmark ApS.

Who is the auditor of CB Lubricants Danmark ApS?

CB Lubricants Danmark ApS most recently used SCHYBERG LYKKE REGISTRERET REVISIONSANPARTSSELSKAB.

When was CB Lubricants Danmark ApS founded?

CB Lubricants Danmark ApS was founded on 16 November 2015.

What is the equity of CB Lubricants Danmark ApS?

Equity was DKK -685k 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.