Sydglas Danmark ApS

CVR 38929194 · Private limited company (ApS) · Active · High risk

Sydglas Danmark ApS is a Private limited company (ApS), founded on , based in Aabenraa. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 8 annual reports have been published, of which 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -2.9m and a net result of DKK -1.9m. CEO: Erik Thaysen.

Bankruptcy risk for Sydglas Danmark ApS

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
38929194
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Tøndervej 1B
6200 Aabenraa
Municipality
Aabenraa
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 7.8m
Employees
12 (2018)
Auditor
REVISIONSCENTRET HADERSLEV GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late7 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-42.0%
Current ratio93%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 1.7m–
Net profitDKK -1.9m–
EquityDKK -2.9m–
Total assetsDKK 6.8m–
Short-term debtDKK 7.0m–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · W. Kragh A/S, Statsautoriserede revisorer.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025196 Late
1 Jan 2024 – 31 Dec 2024189 Late
1 Jan 2023 – 31 Dec 2023188 Late
1 Jan 2022 – 31 Dec 2022206 Late
1 Jan 2021 – 31 Dec 2021197 Late
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019276 Late
11 Sep 2017 – 31 Dec 201873

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
CEOErik ThaysenCurrent
BoardFrank WallerCurrent
BoardErik ThaysenCurrent
BoardMorten Bech
Owner (100%)I-RB ApSCurrent
AuditorREVISIONSCENTRET HADERSLEV GODKENDT REVISIONSAKTIESELSKABCurrent
AuditorF2 Invest ApS
FounderI-RB ApSCurrent

The CEOs' other companies

Erik Thaysen – 17 other companies, of which 1 bankrupt

Address history (2 moves)

Tøndervej 1B, 6200 Aabenraa
Bjerggade 2, 6200 Aabenraa
Møllemærsk 29, 1. tv, 6200 Aabenraa

Former names

Sydglas Danmark ApS – now
Sydglas Danmark A/S –

Employees per year

Number of employees at Sydglas Danmark ApS per year6122017: 1120172018: 122018

Other companies at the same address

Similar companies in Aabenraa

Questions and answers about Sydglas Danmark ApS

Has Sydglas Danmark ApS gone bankrupt?

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

What is the bankruptcy risk of Sydglas Danmark ApS?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of Sydglas Danmark ApS?

Erik Thaysen is the CEO of Sydglas Danmark ApS.

Who is the auditor of Sydglas Danmark ApS?

Sydglas Danmark ApS most recently used REVISIONSCENTRET HADERSLEV GODKENDT REVISIONSAKTIESELSKAB.

When was Sydglas Danmark ApS founded?

Sydglas Danmark ApS was founded on 11 September 2017.

What is the equity of Sydglas Danmark ApS?

Equity was DKK -2.9m 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.