Jernbanegade 3 ApS

CVR 37840793 · Private limited company (ApS) · Active · Very high risk

Jernbanegade 3 ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry gennemførelse af byggeprojekter. Our model estimates a bankruptcy risk of 24.0% over the next 12 months, which is 17.1 times the average for Danish companies. 8 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 1.7m and a net result of DKK 173k. CEO: Morten Boye Ballum Birkebæk.

Bankruptcy risk for Jernbanegade 3 ApS

24.0%
probability of bankruptcy within 12 months
Very high risk

17.1 × the average (1.41%) · higher risk than 100% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
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×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
37840793
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Værkmestergade 3, 4.
8000 Aarhus C
Municipality
Aarhus
Industry
Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 40k
Employees
0 (2017)
Auditor
W. Kragh A/S, statsautoriserede revisorer
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityNo
Equity ratio13.5%
Current ratio23%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 713kDKK 336k
Net profitDKK 173kDKK -525k
EquityDKK 1.7mDKK 1.6m
Total assetsDKK 12.9mDKK 12.9m
CashDKK 360k–
Short-term debtDKK 1.6m–
Tax owedDKK 20k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · W. Kragh A/S, statsautoriserede revisorer.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025191 Late
1 Oct 2022 – 30 Sep 2023187 Late
1 Oct 2021 – 30 Sep 2022196 Late
1 Oct 2020 – 30 Sep 2021166
1 Oct 2019 – 30 Sep 202044
1 Oct 2018 – 30 Sep 2019128
1 Oct 2017 – 30 Sep 201875
1 Jul 2016 – 30 Sep 2017160

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
CEOMorten Boye Ballum BirkebækCurrent
CEOMorten Reenberg Heibæk
Owner (10%)Heibæk Invest ApSCurrent
Owner (67%)MBLB Statsautoriserede Revisorer Holding ApSCurrent
Owner (5%)IV Düring ApSCurrent
Owner (5%)Bentholm Invest ApSCurrent
Owner (100%)Morten Reenberg Heibæk
FounderMorten Reenberg HeibækCurrent

The CEOs' other companies

Morten Boye Ballum Birkebæk – 3 other companies

Morten Reenberg Heibæk – 6 other companies, of which 1 bankrupt

Address history (5 moves)

Værkmestergade 3, 4., 8000 Aarhus C
Kaldæavej 2, 8653 Them
c/o Morten Heibæk, Provstlund Skovvej 6, 8700 Horsens
Ehlersvej 13, 8740 Brædstrup
Bøgetorvet 5, 7323 Give
Ehlersvej 13, 8740 Brædstrup

Former names

Jernbanegade 3 ApS – now
Heibæk Udvikling ApS –
Heibæk Udvikling IVS –
Byens Pølsevogn ved M. Heibæk IVS –

Employees per year

Number of employees at Jernbanegade 3 ApS per year6122016: 1220162017: 02017

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Jernbanegade 3 ApS

Has Jernbanegade 3 ApS gone bankrupt?

No, Jernbanegade 3 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Jernbanegade 3 ApS?

Our model estimates a bankruptcy risk of 24.0% over the next 12 months (very high risk), which is 17.1 times the average for Danish companies.

Who is the CEO of Jernbanegade 3 ApS?

Morten Boye Ballum Birkebæk is the CEO of Jernbanegade 3 ApS.

Who is the auditor of Jernbanegade 3 ApS?

Jernbanegade 3 ApS most recently used W. Kragh A/S, statsautoriserede revisorer.

When was Jernbanegade 3 ApS founded?

Jernbanegade 3 ApS was founded on 1 July 2016.

What is the equity of Jernbanegade 3 ApS?

Equity was DKK 1.7m according to the annual report for the period ending 30 June 2025.

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