KG-Service ApS

CVR 38989456 · Private limited company (ApS) · Active · High risk

KG-Service ApS is a Private limited company (ApS), founded on , based in Løgstør. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. 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. The latest annual report (30 Jun 2025) shows equity of DKK -235k and a net result of DKK -100k. CEO: Kasper Skov Gertsen.

Bankruptcy risk for KG-Service 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

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×

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
38989456
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Vester Ørbækvej 25
9670 Løgstør
Municipality
Vesthimmerlands
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
3 (2018)
Auditor
Danrevi Løgstør
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-95.7%
Current ratio51%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 701kDKK 766k
Net profitDKK -100kDKK -100k
EquityDKK -235kDKK -135k
Total assetsDKK 245kDKK 286k
CashDKK 1,278–
Short-term debtDKK 480k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Danrevi Løgstør.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 202559
1 Jul 2023 – 30 Jun 2024144
1 Jul 2022 – 30 Jun 202347
1 Jul 2021 – 30 Jun 202256
1 Jul 2020 – 30 Jun 202198
1 Jul 2019 – 30 Jun 2020114
1 Jul 2018 – 30 Jun 201996
6 Oct 2017 – 30 Jun 2018152

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
CEOKasper Skov GertsenCurrent
Owner (100%)Gertsen Holding ApSCurrent
Owner (100%)Kasper Skov Gertsen
FounderGertsen Holding ApSCurrent

The CEOs' other companies

Kasper Skov Gertsen – 1 other companies

Address history (1 moves)

Vester Ørbækvej 25, 9670 Løgstør
Vester Ørbækvej 25, 9670 Løgstør

Employees per year

Number of employees at KG-Service ApS per year232017: 220172018: 32018

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about KG-Service ApS

Has KG-Service ApS gone bankrupt?

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

What is the bankruptcy risk of KG-Service 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 KG-Service ApS?

Kasper Skov Gertsen is the CEO of KG-Service ApS.

Who is the auditor of KG-Service ApS?

KG-Service ApS most recently used Danrevi Løgstør.

When was KG-Service ApS founded?

KG-Service ApS was founded on 6 October 2017.

What is the equity of KG-Service ApS?

Equity was DKK -235k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.