Knarami ApS

CVR 38344307 · Private limited company (ApS) · Active · Very high risk

Knarami ApS is a Private limited company (ApS), founded on , based in Greve. The company is registered in the industry fremstilling af keramiske husholdningsartikler og pyntegenstande. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 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 -3.3m and a net result of DKK -394k. CEO: Karsten Madsen.

Bankruptcy risk for Knarami ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
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×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Age (years)5–10 yrs · bankruptcy rate 7.0%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
38344307
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Greve Strandvej 87A
2670 Greve
Municipality
Greve
Industry
Fremstilling af keramiske husholdningsartikler og pyntegenstande (234100)
Bankruptcies in the industry: Fremstilling af byggematerialer af beton
Share capital
DKK 50k
Employees
3 (2018)
Auditor
Bille &amp; Buch-Andersen
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-2,534.7%
Current ratio6%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 216kDKK 251
Net profitDKK -394kDKK -392
EquityDKK -3.3mDKK -2,942
Total assetsDKK 132kDKK 6
CashDKK 49k–
Short-term debtDKK 2.2m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæringer (review) · Bille &amp; Buch-Andersen.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023191 Late
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021119
1 Jan 2020 – 31 Dec 2020167
1 Jan 2019 – 31 Dec 2019162
1 Jan 2018 – 31 Dec 201899
17 Jan 2017 – 31 Dec 2017113

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
CEOKarsten MadsenCurrent
BoardKnud Odgaard Pedersen
BoardMichael Ring
BoardKarsten Madsen
BoardEsben Hougaard
BoardHenrik Bartels Petersen
BoardKim Kordt Jørgensen
BoardMichael Winther Knudsen
Owner (100%)Knarami Holding ApSCurrent
Owner (50%)8.8 HOLDING A/S
Owner (10%)Kim Kordt Holding ApS
Owner (25%)K. Madsen 73 Holding ApS
Owner (10%)WK Holding 1.2 ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBILLE & BUCH-ANDERSEN REGISTRERET REVISIONSAKTIESELSKAB
FounderJacob HjortshøjCurrent

The CEOs' other companies

Karsten Madsen – 6 other companies, of which 1 bankrupt

Address history (1 moves)

Greve Strandvej 87A, 2670 Greve
Smallegade 46, 2., 2000 Frederiksberg

Former names

Knarami ApS – now
Knabstrup Keramik ApS –

Employees per year

Number of employees at Knarami ApS per year232017: 320172018: 32018

Other companies at the same address

Questions and answers about Knarami ApS

Has Knarami ApS gone bankrupt?

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

What is the bankruptcy risk of Knarami ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the CEO of Knarami ApS?

Karsten Madsen is the CEO of Knarami ApS.

Who is the auditor of Knarami ApS?

Knarami ApS most recently used Bille &amp; Buch-Andersen.

When was Knarami ApS founded?

Knarami ApS was founded on 17 January 2017.

What is the equity of Knarami ApS?

Equity was DKK -3.3m 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.