Sand Byg ApS

CVR 38411039 · Private limited company (ApS) · Active · High risk

Sand Byg ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. 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. The latest annual report (31 Dec 2025) shows equity of DKK -428k and a net result of DKK 149k. CEO: Kenneth Heimdal Sand.

Bankruptcy risk for Sand Byg 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · 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×
Age (years)5–10 yrs · 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
38411039
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Jenagade 11, st. th
2300 København S
Municipality
København
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Private vagt- og sikkerhedstjenester
Share capital
DKK 50k
Employees
4 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-169.4%
Current ratio37%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 523kDKK 203kDKK 488k
Net profitDKK 149kDKK -370kDKK -128k
EquityDKK -428kDKK -578kDKK -208k
Total assetsDKK 253kDKK 116kDKK 77k
CashDKK 145kDKK 116k–
Short-term debtDKK 681kDKK 694k–

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 202535
1 Jan 2024 – 31 Dec 2024153
1 Jan 2023 – 31 Dec 2023167
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020166
1 Jan 2019 – 31 Dec 2019169
1 Jan 2018 – 31 Dec 2018128
1 Jan 2017 – 31 Dec 2017152

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
CEOKenneth Heimdal SandCurrent
Owner (100%)Kenneth Heimdal SandCurrent
FounderKenneth Heimdal SandCurrent

Address history (1 moves)

Jenagade 11, st. th, 2300 København S
Jenagade 11, st. th, 2300 København S

Former names

Sand Byg ApS – now
Sand Security ApS –
Sand Byg ApS –

Employees per year

Number of employees at Sand Byg ApS per year352017: 520172018: 42018

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Questions and answers about Sand Byg ApS

Has Sand Byg ApS gone bankrupt?

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

What is the bankruptcy risk of Sand Byg 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 Sand Byg ApS?

Kenneth Heimdal Sand is the CEO of Sand Byg ApS.

When was Sand Byg ApS founded?

Sand Byg ApS was founded on 9 February 2017.

What is the equity of Sand Byg ApS?

Equity was DKK -428k 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.