KAFRAN ApS

CVR 38054872 · Private limited company (ApS) · Active · Low risk

KAFRAN ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry investering for egen regning. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 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 (31 Dec 2025) shows equity of DKK 3.1m and a net result of DKK 532k. CEO: Karl Frank Nielsen.

Bankruptcy risk for KAFRAN ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
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×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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
38054872
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Karl Frank Nielsen, Kong Georgs Vej 4
9000 Aalborg
Municipality
Aalborg
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 9
Missing annual reportNo
Negative equityNo
Equity ratio96.1%
Current ratio433%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.5mDKK 1.7m
Net profitDKK 532kDKK 761k
EquityDKK 3.1mDKK 2.7m
Total assetsDKK 3.2mDKK 3.0m
CashDKK 415k–
Short-term debtDKK 124k–
Tax owedDKK 0–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025163
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021192 Late
1 Jan 2020 – 31 Dec 2020176
1 Jan 2019 – 31 Dec 2019230 Late
1 Jan 2018 – 31 Dec 2018144
2 Oct 2016 – 31 Dec 2017150

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
CEOKarl Frank NielsenCurrent
Owner (100%)Karl Frank NielsenCurrent
FounderKarl Frank NielsenCurrent

The CEOs' other companies

Karl Frank Nielsen – 2 other companies

Address history (2 moves)

c/o Karl Frank Nielsen, Kong Georgs Vej 4, 9000 Aalborg
c/o Karl Frank Nielsen, Mimersgade 120, 6., 2200 København N
Søllerødgade 44, 2200 København N

Former names

KAFRAN ApS – now
KAFRAN IVS –

Similar companies in Aalborg

Questions and answers about KAFRAN ApS

Has KAFRAN ApS gone bankrupt?

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

What is the bankruptcy risk of KAFRAN ApS?

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

Who is the CEO of KAFRAN ApS?

Karl Frank Nielsen is the CEO of KAFRAN ApS.

Who is the auditor of KAFRAN ApS?

KAFRAN ApS most recently used Beierholm.

When was KAFRAN ApS founded?

KAFRAN ApS was founded on 2 October 2016.

What is the equity of KAFRAN ApS?

Equity was DKK 3.1m 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.