Varde Bio ApS

CVR 37837067 · Private limited company (ApS) · Active · Medium risk

Varde Bio ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry fremvisning af film og andre billedmedier. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 10 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.4m and a net result of DKK -141k. CEO: Kim Krogh Pedersen.

Bankruptcy risk for Varde Bio ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
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

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×
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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
37837067
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Kræmmergade 9E
6800 Varde
Municipality
Varde
Industry
Fremvisning af film og andre billedmedier (591400)
Bankruptcies in the industry: Produktion af film og videofilm
Share capital
DKK 50k
Employees
11 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 10
Missing annual reportNo
Negative equityNo
Equity ratio45.2%
Current ratio55%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.0mDKK 890kDKK 1.1m
Net profitDKK -141kDKK -345kDKK -209k
EquityDKK 2.4mDKK 2.7mDKK 3.2m
Total assetsDKK 5.4mDKK 5.5mDKK 5.8m
CashDKK 80kDKK 18k–
Short-term debtDKK 1.9mDKK 1.7m–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025215 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016158

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
CEOKim Krogh PedersenCurrent
Owner (100%)Kim Krogh PedersenCurrent
FounderKim Krogh PedersenCurrent

The CEOs' other companies

Kim Krogh Pedersen – 8 other companies, of which 1 bankrupt

Address history (0 moves)

Kræmmergade 9E, 6800 Varde

Employees per year

Number of employees at Varde Bio ApS per year6112016: 1020162017: 1120172018: 112018

Other companies at the same address

Questions and answers about Varde Bio ApS

Has Varde Bio ApS gone bankrupt?

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

What is the bankruptcy risk of Varde Bio ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of Varde Bio ApS?

Kim Krogh Pedersen is the CEO of Varde Bio ApS.

Who is the auditor of Varde Bio ApS?

Varde Bio ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Varde Bio ApS founded?

Varde Bio ApS was founded on 29 June 2016.

What is the equity of Varde Bio ApS?

Equity was DKK 2.4m 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.