Heartbeat ApS

CVR 38214705 · Private limited company (ApS) · Active · Medium risk

Heartbeat ApS is a Private limited company (ApS), founded on , based in Bording. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 47k and a net result of DKK 51k.

Bankruptcy risk for Heartbeat ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
38214705
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Martin Quade, Fabriksvej 20
7441 Bording
Municipality
Ikast-Brande
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio27.4%
Current ratio138%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 495kDKK 388kDKK 851k
Net profitDKK 51kDKK -250kDKK 213k
EquityDKK 47kDKK -3,897DKK 230k
Total assetsDKK 171kDKK 143kDKK 1.2m
CashDKK 0DKK 71k–
Short-term debtDKK 124kDKK 147k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025121
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 202317
1 Jan 2022 – 31 Dec 2022158
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020141
1 Jan 2019 – 31 Dec 2019164
1 Jan 2018 – 31 Dec 2018148
28 Nov 2016 – 31 Dec 2017149

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
BoardMartin Quade Andersen
BoardHelle Schmidt Hansen
BoardKatrine Bilgrav Foldager
BoardNicolai Strandgaard Sibbesen
BoardInge Marie Hjort
Owner (100%)Martin Quade AndersenCurrent
FounderMartin Quade AndersenCurrent

Address history (4 moves)

c/o Martin Quade, Fabriksvej 20, 7441 Bording
c/o Martin Quade, Teglvænget 29, 7400 Herning
c/o Martin Quade, Engkrogen 13, 7400 Herning
c/o Martin Quade, Nygade 8A, 7400 Herning
Engkrogen 13, 7400 Herning

Former names

Heartbeat ApS – now
MQA Holding ApS –
MQA Holding IVS –

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about Heartbeat ApS

Has Heartbeat ApS gone bankrupt?

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

What is the bankruptcy risk of Heartbeat ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

When was Heartbeat ApS founded?

Heartbeat ApS was founded on 28 November 2016.

What is the equity of Heartbeat ApS?

Equity was DKK 47k 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.