Racedays ApS

CVR 38775030 · Private limited company (ApS) · Active · Low risk

Racedays ApS is a Private limited company (ApS), founded on , based in Langå. The company is registered in the industry udlejning og leasing af andet materiel, udstyr og andre materielle aktiver til events. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 8 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -21k and a net result of DKK -7,809. CEO: Michael Schuster Overgaard.

Bankruptcy risk for Racedays ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
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×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×

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
38775030
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Trejgaardsvej 25
8870 Langå
Municipality
Randers
Industry
Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver til events (773910)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 50k
Auditor
Skov Revision
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-6.0%
Current ratio179%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 61kDKK 218k
Net profitDKK -7,809DKK 181k
EquityDKK -21kDKK -13k
Total assetsDKK 350kDKK 350k
CashDKK 139k–
Short-term debtDKK 79k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202599
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023184 Late
1 Jan 2022 – 31 Dec 2022195 Late
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020197 Late
1 Jan 2019 – 31 Dec 2019239 Late
4 Jul 2017 – 31 Dec 2018129

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 Schuster OvergaardCurrent
Owner (100%)Michael Schuster OvergaardCurrent
FounderMichael Schuster OvergaardCurrent

Address history (2 moves)

Trejgaardsvej 25, 8870 Langå
Nordgaden 51A, 7400 Herning
Døstrupvej 172, 9500 Hobro

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Questions and answers about Racedays ApS

Has Racedays ApS gone bankrupt?

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

What is the bankruptcy risk of Racedays ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Racedays ApS?

Michael Schuster Overgaard is the CEO of Racedays ApS.

Who is the auditor of Racedays ApS?

Racedays ApS most recently used Skov Revision.

When was Racedays ApS founded?

Racedays ApS was founded on 4 July 2017.

What is the equity of Racedays ApS?

Equity was DKK -21k 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.