BETTER TEA & FOOD PRODUCTS ApS

CVR 38818260 · Private limited company (ApS) · Active · Low risk

BETTER TEA & FOOD PRODUCTS ApS is a Private limited company (ApS), founded on , based in Bryrup. The company is registered in the industry fremstilling af tekstiler til husholdningsbrug og færdige boligtekstiler. 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 (30 Jun 2026) shows equity of DKK 265k and a net result of DKK -21k. CEO: Palle Evald Frost.

Bankruptcy risk for BETTER TEA & FOOD PRODUCTS 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

Number of auditors (historical)0 · bankruptcy rate 12.5%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×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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
38818260
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Globevænget 1A
8654 Bryrup
Municipality
Silkeborg
Industry
Fremstilling af tekstiler til husholdningsbrug og færdige boligtekstiler (139200)
Bankruptcies in the industry: Fremstilling af boligtekstiler
Share capital
DKK 50k
Employees
5 (2018)
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio30.1%
Current ratio142%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 632kDKK 1.2mDKK 867k
Net profitDKK -21kDKK 227kDKK 18k
EquityDKK 265kDKK 536kDKK 308k
Total assetsDKK 881kDKK 1.4mDKK 1.1m
CashDKK 358kDKK 635k–
Short-term debtDKK 616kDKK 814k–
Tax owedDKK 0DKK 56k–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 2026108
1 Jul 2024 – 30 Jun 2025112
1 Jul 2023 – 30 Jun 2024151
1 Jul 2022 – 30 Jun 2023166
1 Jul 2021 – 30 Jun 2022174
1 Jul 2020 – 30 Jun 2021141
1 Jul 2019 – 30 Jun 2020132
1 Jul 2018 – 30 Jun 2019122
25 Jul 2017 – 30 Jun 201889

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
CEOPalle Evald FrostCurrent
Owner (100%)Palle Frost Holding ApSCurrent
Owner (100%)Palle Evald Frost
FounderPalle Evald FrostCurrent

Address history (0 moves)

Globevænget 1A, 8654 Bryrup

Employees per year

Number of employees at BETTER TEA & FOOD PRODUCTS ApS per year362017: 620172018: 52018

Other companies at the same address

Questions and answers about BETTER TEA & FOOD PRODUCTS ApS

Has BETTER TEA & FOOD PRODUCTS ApS gone bankrupt?

No, BETTER TEA & FOOD PRODUCTS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of BETTER TEA & FOOD PRODUCTS 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 BETTER TEA & FOOD PRODUCTS ApS?

Palle Evald Frost is the CEO of BETTER TEA & FOOD PRODUCTS ApS.

Who is the auditor of BETTER TEA & FOOD PRODUCTS ApS?

BETTER TEA & FOOD PRODUCTS ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was BETTER TEA & FOOD PRODUCTS ApS founded?

BETTER TEA & FOOD PRODUCTS ApS was founded on 25 July 2017.

What is the equity of BETTER TEA & FOOD PRODUCTS ApS?

Equity was DKK 265k according to the annual report for the period ending 30 June 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.