By The Sea Holding ApS

CVR 38767186 · Private limited company (ApS) · Active · Low risk

By The Sea Holding ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 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 (31 Dec 2025) shows equity of DKK 2.5m and a net result of DKK -69k.

Bankruptcy risk for By The Sea 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 CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
38767186
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Vestermøllevej 32
7700 Thisted
Municipality
Thisted
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio98.8%
Current ratio7,808%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -11kDKK -5,451DKK -12k
Net profitDKK -69kDKK 375kDKK -762k
EquityDKK 2.5mDKK 3.2mDKK 3.4m
Total assetsDKK 2.5mDKK 3.5mDKK 3.8m
CashDKK 25kDKK 205k–
Short-term debtDKK 31kDKK 262k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202597
1 Jan 2024 – 31 Dec 2024146
1 Jan 2023 – 31 Dec 202356
1 Jan 2022 – 31 Dec 202283
1 Jan 2021 – 31 Dec 2021153
1 Jan 2020 – 31 Dec 2020195 Late
1 Jan 2019 – 31 Dec 2019232 Late
1 Jul 2017 – 31 Dec 2018148

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
Owner (100%)Jonas Mørup ChristensenCurrent
FounderJonas Mørup ChristensenCurrent

Address history (0 moves)

Vestermøllevej 32, 7700 Thisted

Former names

By The Sea Holding ApS – now
By The Sea Holding IVS –

Other companies at the same address

Similar companies in Thisted

Questions and answers about By The Sea Holding ApS

Has By The Sea Holding ApS gone bankrupt?

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

What is the bankruptcy risk of By The Sea 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 auditor of By The Sea Holding ApS?

By The Sea Holding ApS most recently used Beierholm.

When was By The Sea Holding ApS founded?

By The Sea Holding ApS was founded on 1 July 2017.

What is the equity of By The Sea Holding ApS?

Equity was DKK 2.5m 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.