Mathstore ApS

CVR 37785733 · Private limited company (ApS) · Active · Medium risk

Mathstore ApS is a Private limited company (ApS), founded on , based in Støvring. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 1.8% over the next 12 months, which is 1.3 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -1.3m and a net result of DKK -61k. CEO: Arne Thorhauge Jensen, Mads Thorhauge.

Bankruptcy risk for Mathstore ApS

1.8%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 81% 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×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
37785733
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
City Centret 9
9530 Støvring
Municipality
Rebild
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Employees
4 (2018)
Auditor
RéVision+ Statsautoriseret Revisionsanpartsselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-65.0%
Current ratio44%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 957kDKK 1.0mDKK 760k
Net profitDKK -61kDKK -96kDKK -284k
EquityDKK -1.3mDKK -1.3mDKK -1.2m
Total assetsDKK 2.1mDKK 1.6mDKK 1.6m
CashDKK 19kDKK 2,009–
Short-term debtDKK 3.3mDKK 2.9m–
Avg. employees03–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revision+.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025110
1 Jan 2024 – 31 Dec 2024157
1 Jan 2023 – 31 Dec 2023110
1 Jan 2022 – 31 Dec 202265
1 Jan 2021 – 31 Dec 2021117
1 Jan 2020 – 31 Dec 202088
1 Jan 2019 – 31 Dec 2019139
1 Jan 2018 – 31 Dec 2018150
1 Jan 2017 – 31 Dec 2017126
1 Jun 2016 – 31 Dec 2016135

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
CEOArne Thorhauge JensenCurrent
CEOMads ThorhaugeCurrent
Owner (33%)Mads ThorhaugeCurrent
Owner (50%)ARNE THORHAUGE HOLDING ApSCurrent
AuditorRéVision+ Statsautoriseret RevisionsanpartsselskabCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
AuditorDANSK REVISION AALBORG GODKENDT REVISIONSAKTIESELSKAB
FounderMads ThorhaugeCurrent
FounderARNE THORHAUGE HOLDING ApSCurrent

The CEOs' other companies

Arne Thorhauge Jensen – 6 other companies

Address history (2 moves)

City Centret 9, 9530 Støvring
Støvring Bytorv 1, 9530 Støvring
Industrimarken 9, 9530 Støvring

Employees per year

Number of employees at Mathstore ApS per year242016: 320162017: 320172018: 42018

Similar companies in Rebild

Questions and answers about Mathstore ApS

Has Mathstore ApS gone bankrupt?

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

What is the bankruptcy risk of Mathstore ApS?

Our model estimates a bankruptcy risk of 1.8% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of Mathstore ApS?

Arne Thorhauge Jensen, Mads Thorhauge are the CEOs of Mathstore ApS.

Who is the auditor of Mathstore ApS?

Mathstore ApS most recently used RéVision+ Statsautoriseret Revisionsanpartsselskab.

When was Mathstore ApS founded?

Mathstore ApS was founded on 1 June 2016.

What is the equity of Mathstore ApS?

Equity was DKK -1.3m 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.