HG's GARAGE ApS

CVR 38798057 · Private limited company (ApS) · Active · Low risk

HG's GARAGE ApS is a Private limited company (ApS), founded on , based in Randers SØ. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 9 annual reports have been published, of which 5 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 10k. CEO: Heinrich Grønkjær Nielsen.

Bankruptcy risk for HG's GARAGE ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
38798057
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Holger Danskes Vej 1
8960 Randers SØ
Municipality
Randers
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 50k
Employees
5 (2018)
Auditor
Revisionsfirmaet Peder Albertsen A/S, registrerede revisorer
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 9
Missing annual reportNo
Negative equityNo
Equity ratio90.1%
Current ratio980%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 120kDKK 21kDKK 1.6m
Net profitDKK 10kDKK -223kDKK 879k
EquityDKK 2.5mDKK 2.6mDKK 2.9m
Total assetsDKK 2.7mDKK 2.8mDKK 3.1m
CashDKK 107kDKK 20k–
Short-term debtDKK 271kDKK 263k–
Tax owed–DKK 0–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionsfirmaet Peder Albertsen A/S, registrerede revisorer.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025197 Late
1 Jan 2024 – 31 Dec 2024200 Late
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022115
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 2020141
1 Jan 2019 – 31 Dec 2019261 Late
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017330 Late

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
CEOHeinrich Grønkjær NielsenCurrent
CEOHeinrich Grønkjær Nielsen
Owner (100%)Heinrich Grønkjær NielsenCurrent
FounderHeinrich Grønkjær NielsenCurrent

Address history (0 moves)

Holger Danskes Vej 1, 8960 Randers SØ

Former names

HG's GARAGE ApS – now
HG Auto ApS –

Employees per year

Number of employees at HG's GARAGE ApS per year352017: 520172018: 52018

Other companies at the same address

Similar companies in Randers

Questions and answers about HG's GARAGE ApS

Has HG's GARAGE ApS gone bankrupt?

No, HG's GARAGE ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HG's GARAGE ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of HG's GARAGE ApS?

Heinrich Grønkjær Nielsen is the CEO of HG's GARAGE ApS.

Who is the auditor of HG's GARAGE ApS?

HG's GARAGE ApS most recently used Revisionsfirmaet Peder Albertsen A/S, registrerede revisorer.

When was HG's GARAGE ApS founded?

HG's GARAGE ApS was founded on 30 June 2017.

What is the equity of HG's GARAGE 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.