Danish Modern ApS

CVR 37323845 · Private limited company (ApS) · Active · High risk

Danish Modern ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry reparation og vedligeholdelse af møbler og boligudstyr. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 9 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 May 2025) shows equity of DKK -836k and a net result of DKK -94k. CEO: Lasse Hyldgaard.

Bankruptcy risk for Danish Modern ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
37323845
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Lasse Hyldgaard Andersen, Strandparken 2, 2. th
8000 Aarhus C
Municipality
Aarhus
Industry
Reparation og vedligeholdelse af møbler og boligudstyr (952400)
Bankruptcies in the industry: Reparation af andre varer til personligt brug og husholdningsbrug
Share capital
DKK 50k
Employees
0 (2017)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-164.3%
Current ratio38%
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 -114kDKK -177kDKK -144k
Net profitDKK -94kDKK -157kDKK -152k
EquityDKK -836kDKK -742kDKK -584k
Total assetsDKK 509kDKK 574kDKK 524k
CashDKK 147kDKK 36k–
Short-term debtDKK 1.3mDKK 1.3m–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jun 2024 – 31 May 2025196 Late
1 Jun 2023 – 31 May 2024191 Late
1 Jun 2022 – 31 May 2023183
1 Jun 2021 – 31 May 2022183
1 Jun 2020 – 31 May 2021163
1 Jun 2019 – 31 May 2020152
1 Jun 2018 – 31 May 2019166
1 Jun 2017 – 31 May 2018161
21 Dec 2015 – 31 May 2017159

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
CEOLasse HyldgaardCurrent
Owner (100%)Danish Modern Holding ApSCurrent
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderDanish Modern Holding ApSCurrent

The CEOs' other companies

Lasse Hyldgaard – 3 other companies

Address history (0 moves)

c/o Lasse Hyldgaard Andersen, Strandparken 2, 2. th, 8000 Aarhus C

Former names

Danish Modern ApS – now
Danish Modern Collection ApS –

Employees per year

Number of employees at Danish Modern ApS per year112017: 02017

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Danish Modern ApS

Has Danish Modern ApS gone bankrupt?

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

What is the bankruptcy risk of Danish Modern ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Danish Modern ApS?

Lasse Hyldgaard is the CEO of Danish Modern ApS.

When was Danish Modern ApS founded?

Danish Modern ApS was founded on 21 December 2015.

What is the equity of Danish Modern ApS?

Equity was DKK -836k according to the annual report for the period ending 31 May 2025.

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