Skagen Furniture ApS

CVR 38580825 · Private limited company (ApS) · Active · Low risk

Skagen Furniture ApS is a Private limited company (ApS), founded on , based in Hadsund. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 8 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 58k and a net result of DKK -10k. CEO: Henriette Frederiksen.

Bankruptcy risk for Skagen Furniture ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% 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 auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Capital changes2 · bankruptcy rate 5.2%0.59×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · 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
38580825
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Ålborgvej 53
9560 Hadsund
Municipality
Mariagerfjord
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 25kDKK 29kDKK -22k
Net profitDKK -10kDKK 2,539DKK -17k
EquityDKK 58kDKK 69kDKK 66k
Total assetsDKK 58kDKK 70kDKK 68k
CashDKK 6,002DKK 5,538–
Short-term debtDKK 0DKK 1,018–
Tax owedDKK 0DKK 1,018–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025182
1 Oct 2023 – 30 Sep 2024179
1 Oct 2022 – 30 Sep 2023128
1 Oct 2021 – 30 Sep 2022174
1 Jul 2020 – 30 Sep 2021146
1 Jul 2019 – 30 Jun 2020171
1 Jul 2018 – 30 Jun 2019191 Late
19 Apr 2017 – 30 Jun 2018156

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
CEOHenriette FrederiksenCurrent
CEOThomas Ulrichsen
CEOMichael Jelle Kjellerup
Owner (100%)KIIM MØBEL- OG STELFABRIK ApSCurrent
Owner (100%)Thomas Ulrichsen
FounderThomas UlrichsenCurrent

The CEOs' other companies

Michael Jelle Kjellerup – 3 other companies, of which 1 bankrupt

Address history (2 moves)

Ålborgvej 53, 9560 Hadsund
Hobrovej 74, 9560 Hadsund
Hyldevej 3, 9560 Hadsund

Former names

Skagen Furniture ApS – now
Skagen Furniture IVS –

Other companies at the same address

Similar companies in Mariagerfjord

Questions and answers about Skagen Furniture ApS

Has Skagen Furniture ApS gone bankrupt?

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

What is the bankruptcy risk of Skagen Furniture ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Skagen Furniture ApS?

Henriette Frederiksen is the CEO of Skagen Furniture ApS.

When was Skagen Furniture ApS founded?

Skagen Furniture ApS was founded on 19 April 2017.

What is the equity of Skagen Furniture ApS?

Equity was DKK 58k 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.