Union Group ApS

CVR 38945033 · Private limited company (ApS) · Active · Low risk

Union Group ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry planlægning og design af reklamekampagner. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 8 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 72k and a net result of DKK -27k. CEO: Yutong Li.

Bankruptcy risk for Union Group ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
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×

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
38945033
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Danmarksgade 13
7400 Herning
Municipality
Herning
Industry
Planlægning og design af reklamekampagner (731110)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 50k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio51.2%
Current ratio171%
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 -25k–
Net profitDKK -27kDKK 47k
EquityDKK 72kDKK 99k
Total assetsDKK 141kDKK 166k
CashDKK 51k–
Short-term debtDKK 69k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025179
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022192 Late
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020176
1 Jan 2019 – 31 Dec 2019234 Late
6 Sep 2017 – 31 Dec 2018170

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
CEOYutong LiCurrent
Owner (100%)Yutong LiCurrent
Owner (20%)Yutong Li
Owner (15%)Tao Xin
Owner (15%)Jia Jiao
Owner (5%)Yan Wang
Owner (15%)Bo Sun
Owner (15%)Qiang Zhang
Owner (100%)Yutong Li
Owner (5%)Te Ma
FounderYutong LiCurrent
FounderTao XinCurrent
FounderJia JiaoCurrent
FounderYan WangCurrent
FounderBo SunCurrent
FounderQiang ZhangCurrent

The CEOs' other companies

Yutong Li – 4 other companies

Address history (1 moves)

Danmarksgade 13, 7400 Herning
Slusevej 123, 2300 København S

Employees per year

Number of employees at Union Group ApS per year112018: 12018

Similar companies in Herning

Questions and answers about Union Group ApS

Has Union Group ApS gone bankrupt?

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

What is the bankruptcy risk of Union Group ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Union Group ApS?

Yutong Li is the CEO of Union Group ApS.

When was Union Group ApS founded?

Union Group ApS was founded on 6 September 2017.

What is the equity of Union Group ApS?

Equity was DKK 72k 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.