BARE GOD MAD ApS

CVR 37561452 · Private limited company (ApS) · Active · Low risk

BARE GOD MAD ApS is a Private limited company (ApS), founded on , based in Kolding. The company is registered in the industry detailhandel med kød og kødprodukter. 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. The latest annual report (31 Dec 2025) shows equity of DKK 2.7m and a net result of DKK 796k. CEO: Martin Tjørnelund Andersen.

Bankruptcy risk for BARE GOD MAD 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

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
37561452
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Vejlevej 314
6000 Kolding
Municipality
Kolding
Industry
Detailhandel med kød og kødprodukter (472200)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Employees
5 (2018)
Auditor
AIDER Slagelse og Nyborg Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio55.5%
Current ratio48%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 6.8mDKK 6.0mDKK 4.9m
Net profitDKK 796kDKK 484kDKK 700k
EquityDKK 2.7mDKK 2.1mDKK 1.9m
Total assetsDKK 4.9mDKK 5.5mDKK 5.3m
CashDKK 14kDKK 700k–
Short-term debtDKK 2.2mDKK 1.1m–
Tax owedDKK 217kDKK 140k–
Avg. employees1212–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · DANSK REVISION NYBORG GODKENDT REVISIONSAKTIESELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202543
1 Jan 2024 – 31 Dec 2024101
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 2022166
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 202054
1 Jan 2019 – 31 Dec 2019163
1 Jan 2018 – 31 Dec 2018169
1 Jan 2017 – 31 Dec 2017138
23 Mar 2016 – 31 Dec 2016102

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
CEOMartin Tjørnelund AndersenCurrent
CEONicolaj Andersen
Owner (100%)Martin Tjørnelund Andersen Holding ApSCurrent
Owner (50%)Martin Tjørnelund Andersen Holding ApS
Owner (100%)NAMA HOLDING IVS
AuditorAIDER Slagelse og Nyborg Godkendt RevisionsaktieselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderNAMA HOLDING IVSCurrent

The CEOs' other companies

Martin Tjørnelund Andersen – 7 other companies, of which 1 bankrupt

Nicolaj Andersen – 5 other companies, of which 1 bankrupt

Address history (2 moves)

Vejlevej 314, 6000 Kolding
Vejlevej 314, 6000 Kolding
Vejlevej 310, 6000 Kolding

Former names

BARE GOD MAD ApS – now
BARE GOD MAD IVS –

Employees per year

Number of employees at BARE GOD MAD ApS per year352016: 320162017: 520172018: 52018

Other companies at the same address

Similar companies in Kolding

Questions and answers about BARE GOD MAD ApS

Has BARE GOD MAD ApS gone bankrupt?

No, BARE GOD MAD ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of BARE GOD MAD 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 BARE GOD MAD ApS?

Martin Tjørnelund Andersen is the CEO of BARE GOD MAD ApS.

Who is the auditor of BARE GOD MAD ApS?

BARE GOD MAD ApS most recently used AIDER Slagelse og Nyborg Godkendt Revisionsaktieselskab.

When was BARE GOD MAD ApS founded?

BARE GOD MAD ApS was founded on 23 March 2016.

What is the equity of BARE GOD MAD ApS?

Equity was DKK 2.7m 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.