Queensland ApS

CVR 38894978 · Private limited company (ApS) · Active · Low risk

Queensland ApS is a Private limited company (ApS), founded on , based in Vester Skerninge. The company is registered in the industry engroshandel med cykler, sportsartikler og lystbåde. 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, 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 47k and a net result of DKK -42k.

Bankruptcy risk for Queensland 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
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×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
38894978
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Jørgen Lynge, Græsvænget 11
5762 Vester Skerninge
Municipality
Svendborg
Industry
Engroshandel med cykler, sportsartikler og lystbåde (464910)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio52.8%
Current ratio212%
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 -42kDKK -36k
Net profitDKK -42kDKK -36k
EquityDKK 47kDKK 89k
Total assetsDKK 90kDKK 119k
CashDKK 4,998–
Short-term debtDKK 43k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025166
1 Jan 2024 – 31 Dec 2024162
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 202015
1 Jan 2019 – 31 Dec 2019255 Late
1 Jan 2018 – 31 Dec 2018131
24 Aug 2017 – 31 Dec 2017171

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
BoardMads Verner Jørgensen
BoardJanne Skarsø Erwolter
Owner (100%)Jørgen LyngeCurrent
Owner (67%)Diana Maria Lynge
Owner (20%)Saskia skovdal
Owner (5%)karen Lindahl Marteindottir
Owner (20%)Stephanie Wimmer
Owner (100%)Sports Equipment Scandinavia AB
Owner (100%)Diana Maria Lynge
Owner (100%)Jørgen Lynge
Owner (100%)Tina Lore Wernsdorf
FounderDiana Maria LyngeCurrent

Address history (2 moves)

c/o Jørgen Lynge, Græsvænget 11, 5762 Vester Skerninge
Kobberbæksvej 67, 5700 Svendborg
Græsvænget 11, 5762 Vester Skerninge

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Questions and answers about Queensland ApS

Has Queensland ApS gone bankrupt?

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

What is the bankruptcy risk of Queensland 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.

When was Queensland ApS founded?

Queensland ApS was founded on 24 August 2017.

What is the equity of Queensland ApS?

Equity was DKK 47k 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.