AVI Leather ApS

CVR 37504076 · Private limited company (ApS) · Active · Low risk

AVI Leather ApS is a Private limited company (ApS), founded on , based in Viby J. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 300k and a net result of DKK -190k.

Bankruptcy risk for AVI Leather ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%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×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
37504076
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Morten Andreasen, Fredensborgparken 61
8260 Viby J
Municipality
Aarhus
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Employees
0 (2017)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 10
Missing annual reportNo
Negative equityNo
Equity ratio67.1%
Current ratio304%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1,784DKK 588kDKK 129k
Net profitDKK -190kDKK 360kDKK 61k
EquityDKK 300kDKK 510kDKK 151k
Total assetsDKK 448kDKK 703kDKK 236k
CashDKK 228kDKK 300k–
Short-term debtDKK 147kDKK 193k–
Tax owedDKK 0DKK 102k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024104
1 Jan 2023 – 31 Dec 202370
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021125
1 Jan 2020 – 31 Dec 2020163
1 Jan 2019 – 31 Dec 2019240 Late
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 2017148
2 Mar 2016 – 31 Dec 2016159

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
Owner (100%)Morten Elkrog AndreasenCurrent
FounderMorten Elkrog AndreasenCurrent

Address history (5 moves)

c/o Morten Andreasen, Fredensborgparken 61, 8260 Viby J
c/o Morten Andreasen, Fredensborgparken 61, 8260 Viby J
c/o Morten Andreasen, Trindsøvej 6, 1., 8000 Aarhus C
c/o Morten Andreasen, Regenburgsgade 11, 1. th, 8000 Aarhus C
c/o Morten Andreasen, Silkeborgvej 62, st. th, 8000 Aarhus C
Ove Gjeddes Gade 2, st. th, 8200 Aarhus N

Former names

AVI Leather ApS – now
AVI LTHR IVS –

Employees per year

Number of employees at AVI Leather ApS per year112017: 02017

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Questions and answers about AVI Leather ApS

Has AVI Leather ApS gone bankrupt?

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

What is the bankruptcy risk of AVI Leather 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.

When was AVI Leather ApS founded?

AVI Leather ApS was founded on 2 March 2016.

What is the equity of AVI Leather ApS?

Equity was DKK 300k 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.