Racing Promotion ApS

CVR 37452890 · Private limited company (ApS) · Active · High risk

Racing Promotion ApS is a Private limited company (ApS), founded on , based in Sorø. The company is registered in the industry sportsaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 10 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -625k and a net result of DKK -546k. CEO: Birger Waage Johansen.

Bankruptcy risk for Racing Promotion ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%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×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
37452890
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Bredholmsvej 10
4180 Sorø
Municipality
Sorø
Industry
Sportsaktiviteter i.a.n. (931900)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 50k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-300.2%
Current ratio25%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -522kDKK 25k
Net profitDKK -546kDKK 14k
EquityDKK -625kDKK -79k
Total assetsDKK 208kDKK 311k
CashDKK 44k–
Short-term debtDKK 833k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022182
1 Jan 2021 – 31 Dec 2021163
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019241 Late
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017151
2 Feb 2016 – 31 Dec 2016158

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
CEOBirger Waage JohansenCurrent
CEOMikkel Casper Johansen
Owner (100%)Birger Waage JohansenCurrent
FounderBirger Waage JohansenCurrent

Address history (0 moves)

Bredholmsvej 10, 4180 Sorø

Employees per year

Number of employees at Racing Promotion ApS per year112016: 120162017: 120172018: 12018

Similar companies in Sorø

Questions and answers about Racing Promotion ApS

Has Racing Promotion ApS gone bankrupt?

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

What is the bankruptcy risk of Racing Promotion ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of Racing Promotion ApS?

Birger Waage Johansen is the CEO of Racing Promotion ApS.

When was Racing Promotion ApS founded?

Racing Promotion ApS was founded on 2 February 2016.

What is the equity of Racing Promotion ApS?

Equity was DKK -625k 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.