Pure Fuel ApS

CVR 38851284 · Private limited company (ApS) · Active · Medium risk

Pure Fuel ApS is a Private limited company (ApS), founded on , based in Juelsminde. The company is registered in the industry detailhandel med sports- og fritidsudstyr. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 9 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -119k and a net result of DKK -60.

Bankruptcy risk for Pure Fuel ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
38851284
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Houmarksvej 9
7130 Juelsminde
Municipality
Hedensted
Industry
Detailhandel med sports- og fritidsudstyr (476310)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-11,789.2%
Current ratio1%
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 -60DKK -1,674
Net profitDKK -60DKK -1,675
EquityDKK -119kDKK -119k
Total assetsDKK 1,013DKK 1,073
CashDKK 3–
Short-term debtDKK 120k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025151
1 Jan 2024 – 31 Dec 2024124
1 Jan 2023 – 31 Dec 2023129
1 Jan 2022 – 31 Dec 2022120
1 Jan 2021 – 31 Dec 202189
1 Jan 2020 – 31 Dec 2020117
1 Jan 2019 – 31 Dec 2019237 Late
1 Jan 2018 – 31 Dec 2018168
13 Aug 2017 – 31 Dec 2017138

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%)Morten Kjær NielsenCurrent
Owner (100%)Mads Noor Buch Nielsen
FounderMads Noor Buch NielsenCurrent

Address history (1 moves)

Houmarksvej 9, 7130 Juelsminde
Egebæksvej 32, 5000 Odense C

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Questions and answers about Pure Fuel ApS

Has Pure Fuel ApS gone bankrupt?

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

What is the bankruptcy risk of Pure Fuel ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

When was Pure Fuel ApS founded?

Pure Fuel ApS was founded on 13 August 2017.

What is the equity of Pure Fuel ApS?

Equity was DKK -119k 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.