FA-Horses ApS

CVR 37519162 · Private limited company (ApS) · Active · Low risk

FA-Horses ApS is a Private limited company (ApS), founded on , based in Ribe. The company is registered in the industry avl af heste og dyr af hestefamilien. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -1.2m and a net result of DKK -109k. CEO: Frank Evald.

Bankruptcy risk for FA-Horses ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
37519162
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Kærbøl Markvej 1
6760 Ribe
Municipality
Esbjerg
Industry
Avl af heste og dyr af hestefamilien (014300)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 50k
Auditor
SAGRO I/S
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-67.9%
Current ratio226%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -15kDKK -200k
Net profitDKK -109kDKK -296k
EquityDKK -1.2mDKK -1.1m
Total assetsDKK 1.8mDKK 1.6m
Short-term debtDKK 570k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · SAGRO I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022110
1 Jan 2021 – 31 Dec 2021158
1 Jan 2020 – 31 Dec 2020133
1 Jan 2019 – 31 Dec 2019134
1 Jan 2018 – 31 Dec 2018140
1 Jan 2017 – 31 Dec 2017148
4 Mar 2016 – 31 Dec 2016153

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
CEOFrank EvaldCurrent
Owner (100%)F. EVALD HOLDING ApSCurrent
FounderF. EVALD HOLDING ApSCurrent

The CEOs' other companies

Frank Evald – 8 other companies

Address history (0 moves)

Kærbøl Markvej 1, 6760 Ribe

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about FA-Horses ApS

Has FA-Horses ApS gone bankrupt?

No, FA-Horses ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of FA-Horses ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of FA-Horses ApS?

Frank Evald is the CEO of FA-Horses ApS.

Who is the auditor of FA-Horses ApS?

FA-Horses ApS most recently used SAGRO I/S.

When was FA-Horses ApS founded?

FA-Horses ApS was founded on 4 March 2016.

What is the equity of FA-Horses ApS?

Equity was DKK -1.2m 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.