Genath ApS

CVR 38008994 · Private limited company (ApS) · Active · High risk

Genath ApS is a Private limited company (ApS), founded on , based in Helsingør. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 9 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 -72k and a net result of DKK -25k. CEO: Nicholas Kastrup Genath, Ken Genath.

Bankruptcy risk for Genath ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Industry changes1 · bankruptcy rate 6.5%0.74×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
38008994
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Fiolgade 23C, 1.
3000 Helsingør
Municipality
Helsingør
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-114.0%
Current ratio47%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -22kDKK 5,447
Net profitDKK -25kDKK 5,447
EquityDKK -72kDKK -48k
Total assetsDKK 64kDKK 64k
CashDKK 363–
Short-term debtDKK 136k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025191 Late
1 Jul 2023 – 30 Jun 2024166
1 Jul 2022 – 30 Jun 2023191 Late
1 Jul 2021 – 30 Jun 2022189 Late
1 Jul 2020 – 30 Jun 2021162
1 Jul 2019 – 30 Jun 2020175
1 Jul 2018 – 30 Jun 2019163
1 Jul 2017 – 30 Jun 2018159
14 Sep 2016 – 30 Jun 2017151

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
CEONicholas Kastrup GenathCurrent
CEOKen GenathCurrent
Owner (50%)Ken GenathCurrent
Owner (50%)Nicholas Kastrup GenathCurrent
FounderKen GenathCurrent
FounderNicholas Kastrup GenathCurrent

The CEOs' other companies

Nicholas Kastrup Genath – 1 other companies

Address history (0 moves)

Fiolgade 23C, 1., 3000 Helsingør

Other companies at the same address

Similar companies in Helsingør

Questions and answers about Genath ApS

Has Genath ApS gone bankrupt?

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

What is the bankruptcy risk of Genath ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Genath ApS?

Nicholas Kastrup Genath, Ken Genath are the CEOs of Genath ApS.

When was Genath ApS founded?

Genath ApS was founded on 14 September 2016.

What is the equity of Genath ApS?

Equity was DKK -72k 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.