Sandbo Holding ApS

CVR 38448129 · Private limited company (ApS) · Active · Low risk

Sandbo Holding ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry ikke-specialiseret engroshandel med føde-, drikke- og tobaksvarer. 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. The latest annual report (31 Dec 2025) shows equity of DKK 2.1m and a net result of DKK 469k. CEO: Morten Sandager.

Bankruptcy risk for Sandbo Holding ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×

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
38448129
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Morten Sandager, Sandbjergvej 23
8700 Horsens
Municipality
Horsens
Industry
Ikke-specialiseret engroshandel med føde-, drikke- og tobaksvarer (463900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Auditor
Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio99.9%
Current ratio527%
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 year20252024
Gross profitDKK -17kDKK -1,876
Net profitDKK 469kDKK 482k
EquityDKK 2.1mDKK 2.0m
Total assetsDKK 2.1mDKK 2.0m
CashDKK 6,582–
Short-term debtDKK 1,250–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202586
1 Jan 2024 – 31 Dec 202476
1 Jan 2023 – 31 Dec 202359
1 Jan 2022 – 31 Dec 202258
1 Jan 2021 – 31 Dec 202189
1 Jan 2020 – 31 Dec 2020130
1 Jan 2019 – 31 Dec 201991
1 Jan 2018 – 31 Dec 2018147
23 Feb 2017 – 31 Dec 2017142

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
CEOMorten SandagerCurrent
Owner (100%)Morten SandagerCurrent
FounderMorten SandagerCurrent

Address history (0 moves)

c/o Morten Sandager, Sandbjergvej 23, 8700 Horsens

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Questions and answers about Sandbo Holding ApS

Has Sandbo Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Sandbo Holding 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 Sandbo Holding ApS?

Morten Sandager is the CEO of Sandbo Holding ApS.

Who is the auditor of Sandbo Holding ApS?

Sandbo Holding ApS most recently used Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

When was Sandbo Holding ApS founded?

Sandbo Holding ApS was founded on 23 February 2017.

What is the equity of Sandbo Holding ApS?

Equity was DKK 2.1m 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.