Smilling ApS

CVR 38927310 · Private limited company (ApS) · Active · Medium risk

Smilling ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 8 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 717k and a net result of DKK 243k. CEO: Libin Cao.

Bankruptcy risk for Smilling ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%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

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
38927310
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Østergade 30A, st.
7400 Herning
Municipality
Herning
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 50k
Employees
5 (2018)
Auditor
2+ RevisionStatsautoriseret Revisionsanparttselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityNo
Equity ratio26.8%
Current ratio73%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.4mDKK 4.9mDKK 2.2m
Net profitDKK 243kDKK 937kDKK -267k
EquityDKK 717kDKK 474kDKK -463k
Total assetsDKK 2.7mDKK 1.9mDKK 1.1m
CashDKK 1.2mDKK 981k–
Short-term debtDKK 2.0mDKK 1.4m–
Tax owedDKK 79kDKK 117k–
Avg. employees011–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · 2+ RevisionStatsautoriseret Revisionsanparttselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 2023194 Late
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 2019235 Late
11 Sep 2017 – 31 Dec 2018151

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
CEOLibin CaoCurrent
Owner (100%)Libin CaoCurrent
FounderLibin CaoCurrent

The CEOs' other companies

Libin Cao – 5 other companies, of which 4 bankrupt

Address history (1 moves)

Østergade 30A, st., 7400 Herning
Sct. Mathias Gade 76A, st. 1, 8800 Viborg

Employees per year

Number of employees at Smilling ApS per year362017: 620172018: 52018

Other companies at the same address

Similar companies in Herning

Questions and answers about Smilling ApS

Has Smilling ApS gone bankrupt?

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

What is the bankruptcy risk of Smilling ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of Smilling ApS?

Libin Cao is the CEO of Smilling ApS.

Who is the auditor of Smilling ApS?

Smilling ApS most recently used 2+ RevisionStatsautoriseret Revisionsanparttselskab.

When was Smilling ApS founded?

Smilling ApS was founded on 11 September 2017.

What is the equity of Smilling ApS?

Equity was DKK 717k 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.