Vestergades Bageri ApS

CVR 38697153 · Private limited company (ApS) · Active · Low risk

Vestergades Bageri ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry fremstilling af friske bageriprodukter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.0m and a net result of DKK 207k. CEO: Tage Larsen.

Bankruptcy risk for Vestergades Bageri 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

CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
38697153
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Vestergade 59, st.
7700 Thisted
Municipality
Thisted
Industry
Fremstilling af friske bageriprodukter (107120)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 50k
Employees
19 (2018)
Auditor
RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio36.5%
Current ratio124%
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 7.7mDKK 7.5m
Net profitDKK 207kDKK 815k
EquityDKK 1.0mDKK 945k
Total assetsDKK 2.8mDKK 2.4m
CashDKK 234k–
Short-term debtDKK 1.4m–
Avg. employees17–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025112
1 Jan 2024 – 31 Dec 2024104
1 Jan 2023 – 31 Dec 2023122
1 Jan 2022 – 31 Dec 2022137
1 Jan 2021 – 31 Dec 202178
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 2019137
1 Jan 2018 – 31 Dec 2018134
8 Jun 2017 – 31 Dec 2017127

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
CEOTage LarsenCurrent
Owner (100%)Tage LarsenCurrent
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderTage LarsenCurrent

Address history (1 moves)

Vestergade 59, st., 7700 Thisted
Vestergade 59, st., 7700 Thisted

Employees per year

Number of employees at Vestergades Bageri ApS per year10192017: 1820172018: 192018

Similar companies in Thisted

Questions and answers about Vestergades Bageri ApS

Has Vestergades Bageri ApS gone bankrupt?

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

What is the bankruptcy risk of Vestergades Bageri 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 Vestergades Bageri ApS?

Tage Larsen is the CEO of Vestergades Bageri ApS.

Who is the auditor of Vestergades Bageri ApS?

Vestergades Bageri ApS most recently used RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Vestergades Bageri ApS founded?

Vestergades Bageri ApS was founded on 8 June 2017.

What is the equity of Vestergades Bageri ApS?

Equity was DKK 1.0m 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.