Funhall ApS

CVR 37601268 · Private limited company (ApS) · Active · Low risk

Funhall ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry udlejning og leasing af varer til fritid og sport. 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 91k and a net result of DKK 194k. CEO: Martin Hviid Kristensen.

Bankruptcy risk for Funhall 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

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Gross profit growth0%–10% · 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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
37601268
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Venøvej 1C
8800 Viborg
Municipality
Viborg
Industry
Udlejning og leasing af varer til fritid og sport (772100)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 50k
Employees
4 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio17.5%
Current ratio77%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 940kDKK 870kDKK 649k
Net profitDKK 194kDKK 110kDKK -82k
EquityDKK 91kDKK -103kDKK -213k
Total assetsDKK 522kDKK 499kDKK 533k
CashDKK 119kDKK 32k–
Short-term debtDKK 202kDKK 429k–
Avg. employees02–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025114
1 Jan 2024 – 31 Dec 202472
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 202283
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020110
1 Jan 2019 – 31 Dec 201986
1 Jan 2018 – 31 Dec 201894
1 Jan 2017 – 31 Dec 2017138
11 Apr 2016 – 31 Dec 2016128

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 Hviid KristensenCurrent
Owner (100%)Kristensen og Hviid Holding ApSCurrent
FounderKristensen og Hviid Holding ApSCurrent

The CEOs' other companies

Martin Hviid Kristensen – 2 other companies

Address history (1 moves)

Venøvej 1C, 8800 Viborg
Venøvej 1, 8800 Viborg

Employees per year

Number of employees at Funhall ApS per year482016: 520162017: 820172018: 42018

Other companies at the same address

Similar companies in Viborg

Questions and answers about Funhall ApS

Has Funhall ApS gone bankrupt?

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

What is the bankruptcy risk of Funhall 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 Funhall ApS?

Martin Hviid Kristensen is the CEO of Funhall ApS.

When was Funhall ApS founded?

Funhall ApS was founded on 11 April 2016.

What is the equity of Funhall ApS?

Equity was DKK 91k 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.