City 4 Odense ApS

CVR 38178385 · Private limited company (ApS) · Active · High risk

City 4 Odense ApS is a Private limited company (ApS), founded on , based in Odense SV. The company is registered in the industry lotteri- og andre spilleaktiviteter. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 9 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 190k and a net result of DKK 157k. CEO: Søren Guldbrandsen Lund, Jesper Guldbrandsen Lund.

Bankruptcy risk for City 4 Odense ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×

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
38178385
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Faaborgvej 14
5250 Odense SV
Municipality
Odense
Industry
Lotteri- og andre spilleaktiviteter (920000)
Bankruptcies in the industry: Lotteri- og anden spillevirksomhed
Share capital
DKK 50k
Employees
3 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio34.5%
Current ratio122%
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 1.1mDKK 831kDKK 1.1m
Net profitDKK 157kDKK 68kDKK 194k
EquityDKK 190kDKK 33kDKK -35k
Total assetsDKK 551kDKK 458kDKK 428k
CashDKK 281kDKK 129k–
Short-term debtDKK 361kDKK 425k–
Tax owedDKK 44kDKK 6,270–
Avg. employees32–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022118
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020139
1 Jan 2019 – 31 Dec 2019238 Late
1 Jan 2018 – 31 Dec 2018158
11 Nov 2016 – 31 Dec 2017165

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 Guldbrandsen LundCurrent
CEOJesper Guldbrandsen LundCurrent
Owner (50%)Søren Lund Odense Holding ApSCurrent
Owner (50%)Jesper Lund Odense Holding ApSCurrent
FounderSøren Lund Odense Holding ApSCurrent
FounderJesper Lund Odense Holding ApSCurrent

The CEOs' other companies

Søren Guldbrandsen Lund – 2 other companies

Jesper Guldbrandsen Lund – 2 other companies

Address history (1 moves)

Faaborgvej 14, 5250 Odense SV
Faaborgvej 14, 5250 Odense SV

Employees per year

Number of employees at City 4 Odense ApS per year232016: 020162017: 320172018: 32018

Other companies at the same address

Similar companies in Odense

Questions and answers about City 4 Odense ApS

Has City 4 Odense ApS gone bankrupt?

No, City 4 Odense ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of City 4 Odense ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

Who is the CEO of City 4 Odense ApS?

Søren Guldbrandsen Lund, Jesper Guldbrandsen Lund are the CEOs of City 4 Odense ApS.

When was City 4 Odense ApS founded?

City 4 Odense ApS was founded on 11 November 2016.

What is the equity of City 4 Odense ApS?

Equity was DKK 190k 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.