Qin Horse Denmark ApS

CVR 37291153 · Private limited company (ApS) · Active · Medium risk

Qin Horse Denmark ApS is a Private limited company (ApS), founded on , based in Virum. The company is registered in the industry anden finansiel formidling i.a.n.. 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 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -5.4m and a net result of DKK -119k.

Bankruptcy risk for Qin Horse Denmark ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% 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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
37291153
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Dong Zhu, Søndervej 18
2830 Virum
Municipality
Lyngby-Taarbæk
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-1,580.5%
Current ratio3%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -8,755DKK -10kDKK -13k
Net profitDKK -119kDKK -3.3mDKK -7,012
EquityDKK -5.4mDKK -5.3mDKK -1.9m
Total assetsDKK 340kDKK 447kDKK 3.7m
CashDKK 153kDKK 278k–
Short-term debtDKK 5.7mDKK 5.7m–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024142
1 Jan 2023 – 31 Dec 2023114
1 Jan 2022 – 31 Dec 2022166
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020196 Late
1 Jan 2019 – 31 Dec 2019233 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017163
5 Dec 2015 – 31 Dec 2016160

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
BoardDong Zhu
BoardJunbiao Gao
BoardZhengming Gao
Owner (100%)Dong ZhuCurrent
Owner (100%)Qin Horse Global Limited
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderQin Horse Global LimitedCurrent

Address history (3 moves)

c/o Dong Zhu, Søndervej 18, 2830 Virum
Tomatvej 15, 2300 København S
Indiakaj 20, 2100 København Ø
Færgevej 3, 5800 Nyborg

Other companies at the same address

Similar companies in Lyngby-Taarbæk

Questions and answers about Qin Horse Denmark ApS

Has Qin Horse Denmark ApS gone bankrupt?

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

What is the bankruptcy risk of Qin Horse Denmark 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.

When was Qin Horse Denmark ApS founded?

Qin Horse Denmark ApS was founded on 5 December 2015.

What is the equity of Qin Horse Denmark ApS?

Equity was DKK -5.4m 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.