Swan Danica Properties ApS

CVR 37354945 · Private limited company (ApS) · Active · Very high risk

Swan Danica Properties ApS is a Private limited company (ApS), founded on , based in Store Heddinge. The company is registered in the industry opførelse af bygninger. Our model estimates a bankruptcy risk of 12.6% over the next 12 months, which is 9.0 times the average for Danish companies. 9 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -1.1m and a net result of DKK 376k. CEO: Michael Shah.

Bankruptcy risk for Swan Danica Properties ApS

12.6%
probability of bankruptcy within 12 months
Very high risk

9.0 × the average (1.41%) · higher risk than 98% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

Reduces the risk

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Industry changes1 · bankruptcy rate 6.5%0.74×
Capital changes1 · bankruptcy rate 7.0%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
37354945
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Lægårdsvej 2
4660 Store Heddinge
Municipality
Stevns
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-16.0%
Current ratio110%
Moves (last 2 years)1
CEO changes in total7
CEO's previous bankruptcies3
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 399kDKK -119k
Net profitDKK 376kDKK -131k
EquityDKK -1.1mDKK -1.4m
Total assetsDKK 6.7mDKK 6.3m
CashDKK 0–
Short-term debtDKK 2.8m–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025182
1 Jul 2023 – 30 Jun 2024173
1 Jul 2022 – 30 Jun 2023200 Late
1 Jul 2021 – 30 Jun 2022173
1 Jul 2020 – 30 Jun 2021168
1 Jul 2019 – 30 Jun 2020155
1 Jul 2018 – 30 Jun 2019153
1 Jul 2017 – 30 Jun 2018163
9 Jan 2016 – 30 Jun 2017160

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
CEOMichael ShahCurrent
CEOJasmina Grindsted
CEORatchadakorn Hermann
CEODavid Torsten Svarrer
Owner (100%)Rasmus Percy HermannCurrent
Owner (100%)Rasmus Percy Hermann
Owner (50%)Claus Dueholm
FounderRasmus Percy HermannCurrent

The CEOs' other companies

Michael Shah – 16 other companies, of which 11 bankrupt

Jasmina Grindsted – 10 other companies, of which 2 bankrupt

Ratchadakorn Hermann – 10 other companies, of which 2 bankrupt

David Torsten Svarrer – 6 other companies, of which 2 bankrupt

Address history (6 moves)

Lægårdsvej 2, 4660 Store Heddinge
Vejlegårdsvej 81, 2665 Vallensbæk Strand
Sankt Ibs Alle 69, 2630 Taastrup
Nr Alslev Nygade 11C, 4840 Nørre Alslev
Egeskovvej 2, 2665 Vallensbæk Strand
Østre Alle 52, 4200 Slagelse
Skovsøvej 11A, 4200 Slagelse

Former names

Swan Danica Properties ApS – now
Swan Danica Properties IVS –

Other companies at the same address

Similar companies in Stevns

Questions and answers about Swan Danica Properties ApS

Has Swan Danica Properties ApS gone bankrupt?

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

What is the bankruptcy risk of Swan Danica Properties ApS?

Our model estimates a bankruptcy risk of 12.6% over the next 12 months (very high risk), which is 9.0 times the average for Danish companies.

Who is the CEO of Swan Danica Properties ApS?

Michael Shah is the CEO of Swan Danica Properties ApS.

When was Swan Danica Properties ApS founded?

Swan Danica Properties ApS was founded on 9 January 2016.

What is the equity of Swan Danica Properties ApS?

Equity was DKK -1.1m according to the annual report for the period ending 30 June 2025.

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