Hidden Treasures ApS

CVR 38542613 · Private limited company (ApS) · Active · Very high risk

Hidden Treasures ApS is a Private limited company (ApS), founded on , based in Åbyhøj. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 8 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -19k and a net result of DKK -9,716. CEO: Michael Stehr Lilhav.

Bankruptcy risk for Hidden Treasures ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
38542613
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Michael Stehr Lilhav, Kresten Kolds Vej 31
8230 Åbyhøj
Municipality
Aarhus
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Auditor
DANSK REVISION ÅRHUS, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-69.6%
Current ratio59%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -13kDKK -15kDKK -16k
Net profitDKK -9,716DKK -11kDKK -13k
EquityDKK -19kDKK -9,299DKK 1,994
Total assetsDKK 27kDKK 18kDKK 42k
CashDKK 9,352DKK 5,320–
Short-term debtDKK 46kDKK 28k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · DANSK REVISION ÅRHUS, GODKENDT REVISIONSPARTNERSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025202 Late
1 Oct 2023 – 30 Sep 2024182
1 Oct 2022 – 30 Sep 2023158
1 Oct 2021 – 30 Sep 2022187 Late
1 Oct 2020 – 30 Sep 2021172
1 Oct 2019 – 30 Sep 2020161
1 Oct 2018 – 30 Sep 2019158
1 Apr 2017 – 30 Sep 2018152

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
CEOMichael Stehr LilhavCurrent
Owner (100%)Stehr ApSCurrent
AuditorDansk Revision Århus, Godkendt Revisionsaktieselskab
FounderStehr ApSCurrent

The CEOs' other companies

Michael Stehr Lilhav – 6 other companies

Address history (1 moves)

c/o Michael Stehr Lilhav, Kresten Kolds Vej 31, 8230 Åbyhøj
Bjørnholms Allé 4, 8260 Viby J

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Hidden Treasures ApS

Has Hidden Treasures ApS gone bankrupt?

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

What is the bankruptcy risk of Hidden Treasures ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Hidden Treasures ApS?

Michael Stehr Lilhav is the CEO of Hidden Treasures ApS.

Who is the auditor of Hidden Treasures ApS?

Hidden Treasures ApS most recently used DANSK REVISION ÅRHUS, GODKENDT REVISIONSPARTNERSELSKAB.

When was Hidden Treasures ApS founded?

Hidden Treasures ApS was founded on 1 April 2017.

What is the equity of Hidden Treasures ApS?

Equity was DKK -19k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.