XL Management ApS

CVR 38962108 · Private limited company (ApS) · Active · Medium risk

XL Management ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry administrations- og kontorserviceaktiviteter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 8 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 17.0m and a net result of DKK -13.3m.

Bankruptcy risk for XL Management ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
38962108
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Hundborgvej 198
7700 Thisted
Municipality
Thisted
Industry
Administrations- og kontorserviceaktiviteter (821000)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 50k
Auditor
RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late5 of 8
Missing annual reportNo
Negative equityNo
Equity ratio61.2%
Current ratio117%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.3mDKK 972k
Net profitDKK -13.3mDKK -358k
EquityDKK 17.0mDKK -2.3m
Total assetsDKK 27.8mDKK 16.7m
CashDKK 2.3m–
Short-term debtDKK 10.8m–
Tax owedDKK 3,420–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025219 Late
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020166
1 Jan 2019 – 31 Dec 2019207 Late
25 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
Owner (100%)Geert Winther SkovsgaardCurrent
Owner (100%)GEERT SKOVSGAARD ApS
Owner (50%)Geert Winther Skovsgaard
Owner (20%)Nicolai Nedergaard Skovsgaard
Owner (20%)Ida Nedergaard Skovsgaard
Owner (50%)GEERT SKOVSGAARD ApS
Owner (100%)GEERT SKOVSGAARD ApS
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderGEERT SKOVSGAARD ApSCurrent

Address history (0 moves)

Hundborgvej 198, 7700 Thisted

Other companies at the same address

Similar companies in Thisted

Questions and answers about XL Management ApS

Has XL Management ApS gone bankrupt?

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

What is the bankruptcy risk of XL Management ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the auditor of XL Management ApS?

XL Management ApS most recently used RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was XL Management ApS founded?

XL Management ApS was founded on 25 September 2017.

What is the equity of XL Management ApS?

Equity was DKK 17.0m 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.