CG 2016 ApS

CVR 37820105 · Private limited company (ApS) · Active · Low risk

CG 2016 ApS is a Private limited company (ApS), founded on , based in Risskov. The company is registered in the industry anden udlejning af boliger. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 10 annual reports have been published. The latest annual report (30 Apr 2026) shows equity of DKK 4.2m and a net result of DKK 960k. CEO: Kenneth Douglas Collins, Michael Grundtvig.

Bankruptcy risk for CG 2016 ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Number of auditors (historical)2 · 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
37820105
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Kenneth Douglas Collins, Vestre Strandallé 168, 1. tv
8240 Risskov
Municipality
Aarhus
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 50k
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio95.9%
Current ratio242%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK -18kDKK -13kDKK -11k
Net profitDKK 960kDKK 928kDKK -542k
EquityDKK 4.2mDKK 3.5mDKK 3.0m
Total assetsDKK 4.4mDKK 3.7mDKK 3.1m
CashDKK 801DKK 601–
Short-term debtDKK 181kDKK 267k–
Tax owedDKK 118kDKK 157k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 2026168
1 May 2024 – 30 Apr 2025128
1 May 2023 – 30 Apr 202456
1 May 2022 – 30 Apr 2023106
1 May 2021 – 30 Apr 202294
1 May 2020 – 30 Apr 2021111
1 May 2019 – 30 Apr 2020112
1 May 2018 – 30 Apr 2019141
1 May 2017 – 30 Apr 2018133
24 Jun 2016 – 30 Apr 2017148

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
CEOKenneth Douglas CollinsCurrent
CEOMichael GrundtvigCurrent
Owner (50%)KC Holding 2016 ApSCurrent
Owner (50%)MG16 Invest ApSCurrent
Owner (50%)MG HOLDING 2010 ApS
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
Auditor18. juni 2024 P/S
FounderMG HOLDING 2010 ApSCurrent
FounderKC Holding 2016 ApSCurrent

The CEOs' other companies

Kenneth Douglas Collins – 2 other companies

Michael Grundtvig – 43 other companies, of which 2 bankrupt

Address history (3 moves)

c/o Kenneth Douglas Collins, Vestre Strandallé 168, 1. tv, 8240 Risskov
c/o Kenneth Douglas Collins, Frederiks Plads 16, 2. 1, 8000 Aarhus C
c/o Kenneth Douglas Collins, Frederiks Plads 16, 3. 1, 8000 Aarhus C
c/o Kenneth Douglas Collins, Jægergårdsgade 148, 3. tv, 8000 Aarhus C

Other companies at the same address

Similar companies in Aarhus

Questions and answers about CG 2016 ApS

Has CG 2016 ApS gone bankrupt?

No, CG 2016 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of CG 2016 ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of CG 2016 ApS?

Kenneth Douglas Collins, Michael Grundtvig are the CEOs of CG 2016 ApS.

Who is the auditor of CG 2016 ApS?

CG 2016 ApS most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was CG 2016 ApS founded?

CG 2016 ApS was founded on 24 June 2016.

What is the equity of CG 2016 ApS?

Equity was DKK 4.2m according to the annual report for the period ending 30 April 2026.

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