Kappa Properties ApS

CVR 38007564 · Private limited company (ApS) · Active · Low risk

Kappa Properties ApS is a Private limited company (ApS), founded on , based in Ølgod. The company is registered in the industry køb og salg af egen fast ejendom. 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 (31 Dec 2025) shows equity of DKK 2.7m and a net result of DKK 119k. CEO: Søren Hvidberg.

Bankruptcy risk for Kappa Properties 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

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Municipality changes3+ · 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×
Postcode changes3+ · bankruptcy rate 10.2%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×
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 growth10%–30% · bankruptcy rate 4.5%0.51×
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
38007564
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Søren Hvidberg, Engdraget 15
6870 Ølgod
Municipality
Varde
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 50k
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio20.6%
Current ratio93%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 854kDKK 743kDKK 870k
Net profitDKK 119kDKK 775kDKK 285k
EquityDKK 2.7mDKK 2.6mDKK 1.8m
Total assetsDKK 13.1mDKK 13.4mDKK 11.6m
Short-term debtDKK 1.7mDKK 1.8m–
Tax owedDKK 0DKK 40k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 2024126
1 Jan 2023 – 31 Dec 2023139
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021126
1 Jan 2020 – 31 Dec 2020148
1 Jan 2019 – 31 Dec 2019147
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017124
14 Sep 2016 – 31 Dec 201688

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
CEOSøren HvidbergCurrent
BoardNiels Troen
BoardPaul Edward Embleton
BoardAri Daníelsson
BoardErik Harding Madsen
Owner (100%)Proanno Holding ApSCurrent
Owner (100%)FIH A/S
Owner (100%)Kappa Holding ApS
Owner (100%)A/S AF 14/6 1995
Owner (100%)Lippas Holding ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorPartner Revision statsautoriseret revisionsaktieselskab
FounderFIH A/SCurrent

The CEOs' other companies

Søren Hvidberg – 13 other companies

Address history (3 moves)

c/o Søren Hvidberg, Engdraget 15, 6870 Ølgod
Merkurvej 1K, 7., 7400 Herning
Sønderlandsgade 44, 7500 Holstebro
c/o FIH A/S, Sundkrogsgade 7, 2100 København Ø

Former names

Kappa Properties ApS – now
PropCo 1 ApS –

Other companies at the same address

Similar companies in Varde

Questions and answers about Kappa Properties ApS

Has Kappa Properties ApS gone bankrupt?

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

What is the bankruptcy risk of Kappa Properties 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 Kappa Properties ApS?

Søren Hvidberg is the CEO of Kappa Properties ApS.

Who is the auditor of Kappa Properties ApS?

Kappa Properties ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was Kappa Properties ApS founded?

Kappa Properties ApS was founded on 14 September 2016.

What is the equity of Kappa Properties ApS?

Equity was DKK 2.7m 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.