RaceSign ApS

CVR 37625051 · Private limited company (ApS) · Active · Medium risk

RaceSign ApS is a Private limited company (ApS), founded on , based in Svenstrup J. The company is registered in the industry fremstilling af andet elektrisk udstyr. Our model estimates a bankruptcy risk of 2.7% over the next 12 months, which is 1.9 times the average for Danish companies. 9 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 30k and a net result of DKK -1,984. CEO: Lars Pape Dreier.

Bankruptcy risk for RaceSign ApS

2.7%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
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
37625051
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Dalbyvej 32
9230 Svenstrup J
Municipality
Aalborg
Industry
Fremstilling af andet elektrisk udstyr (279000)
Bankruptcies in the industry: Fremstilling af andet elektrisk udstyr
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 9
Missing annual reportNo
Negative equityNo
Equity ratio18.5%
Current ratio123%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3,280DKK -16k
Net profitDKK -1,984DKK -18k
EquityDKK 30kDKK 32k
Total assetsDKK 161kDKK 146k
CashDKK 84k–
Short-term debtDKK 131k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025204 Late
1 May 2023 – 30 Apr 2024162
1 May 2022 – 30 Apr 2023182
1 May 2021 – 30 Apr 2022204 Late
1 May 2020 – 30 Apr 2021159
1 May 2019 – 30 Apr 2020510 Late
1 May 2018 – 30 Apr 2019134
1 May 2017 – 30 Apr 2018147
15 Apr 2016 – 30 Apr 2017153

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
CEOLars Pape DreierCurrent
Owner (100%)Lars Pape DreierCurrent
FounderLars Pape DreierCurrent

The CEOs' other companies

Lars Pape Dreier – 3 other companies

Address history (0 moves)

Dalbyvej 32, 9230 Svenstrup J

Former names

RaceSign ApS – now
RaceSign IVS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about RaceSign ApS

Has RaceSign ApS gone bankrupt?

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

What is the bankruptcy risk of RaceSign ApS?

Our model estimates a bankruptcy risk of 2.7% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of RaceSign ApS?

Lars Pape Dreier is the CEO of RaceSign ApS.

When was RaceSign ApS founded?

RaceSign ApS was founded on 15 April 2016.

What is the equity of RaceSign ApS?

Equity was DKK 30k according to the annual report for the period ending 30 April 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.