Palace Garden ApS

CVR 37396958 · Private limited company (ApS) · Active · Low risk

Palace Garden ApS is a Private limited company (ApS), founded on , based in Ballerup. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 2.1m and a net result of DKK 887k. CEO: Shaoping Du, Liuchai Zhong.

Bankruptcy risk for Palace Garden ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Return on assets5%–15% · 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×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · 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
37396958
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Grantoftestræde 11
2750 Ballerup
Municipality
Ballerup
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 50k
Employees
18 (2018)
Auditor
AsLa Revision ApS
Audit opted out
No

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio24.0%
Current ratio87%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 5.4mDKK 4.3m
Net profitDKK 887kDKK 768k
EquityDKK 2.1mDKK 1.6m
Total assetsDKK 8.8mDKK 9.3m
CashDKK 970k–
Short-term debtDKK 1.8m–
Tax owedDKK 257k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · AsLa Revision ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025169
1 Jul 2023 – 30 Jun 2024163
1 Jul 2022 – 30 Jun 2023186 Late
1 Jul 2021 – 30 Jun 2022154
1 Jul 2020 – 30 Jun 2021161
1 Jul 2019 – 30 Jun 2020143
1 Jul 2018 – 30 Jun 2019159
1 Jul 2017 – 30 Jun 2018127
25 Jan 2016 – 30 Jun 2017150

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
CEOShaoping DuCurrent
CEOLiuchai ZhongCurrent
Owner (50%)HOU YU ApSCurrent
Owner (50%)Hong Da Holding ApSCurrent
AuditorAsLa Revision ApSCurrent
FounderHOU YU ApSCurrent
FounderHong Da Holding ApSCurrent

The CEOs' other companies

Shaoping Du – 4 other companies, of which 1 bankrupt

Liuchai Zhong – 3 other companies

Address history (1 moves)

Grantoftestræde 11, 2750 Ballerup
Grantoftestræde 11, 2750 Ballerup

Employees per year

Number of employees at Palace Garden ApS per year9182016: 1020162017: 1420172018: 182018

Other companies at the same address

Similar companies in Ballerup

Questions and answers about Palace Garden ApS

Has Palace Garden ApS gone bankrupt?

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

What is the bankruptcy risk of Palace Garden ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Palace Garden ApS?

Shaoping Du, Liuchai Zhong are the CEOs of Palace Garden ApS.

Who is the auditor of Palace Garden ApS?

Palace Garden ApS most recently used AsLa Revision ApS.

When was Palace Garden ApS founded?

Palace Garden ApS was founded on 25 January 2016.

What is the equity of Palace Garden ApS?

Equity was DKK 2.1m 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.