Spanra ApS

CVR 38999788 · Private limited company (ApS) · Active · Low risk

Spanra ApS is a Private limited company (ApS), founded on , based in Randers NV. The company is registered in the industry detailhandel med musikinstrumenter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 -558k and a net result of DKK -261. CEO: Dan Bakkestrøm Hougesen, Nicolai Dvinge.

Bankruptcy risk for Spanra ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
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×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
CEO changes1 · bankruptcy rate 11.4%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 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×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
38999788
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Mariagervej 121
8920 Randers NV
Municipality
Randers
Industry
Detailhandel med musikinstrumenter (476910)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late7 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-178.1%
Current ratio36%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -27kDKK -149k
Net profitDKK -261DKK -156k
EquityDKK -558kDKK -557k
Total assetsDKK 313kDKK 277k
CashDKK 92k–
Short-term debtDKK 871k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025191 Late
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021224 Late
1 Jan 2020 – 31 Dec 2020194 Late
1 Jan 2019 – 31 Dec 2019263 Late
6 Oct 2017 – 31 Dec 2018163

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
CEODan Bakkestrøm HougesenCurrent
CEONicolai DvingeCurrent
CEOTorsten Stistrup Cubel
Owner (100%)N ApSCurrent
Owner (67%)N ApS
Owner (25%)Cubel IVS
Owner (25%)Cubel Holding ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderN ApSCurrent
FounderCubel IVSCurrent

The CEOs' other companies

Dan Bakkestrøm Hougesen – 3 other companies

Nicolai Dvinge – 11 other companies, of which 1 bankrupt

Torsten Stistrup Cubel – 3 other companies

Address history (1 moves)

Mariagervej 121, 8920 Randers NV
Mariagervej 121, 8920 Randers NV

Other companies at the same address

Similar companies in Randers

Questions and answers about Spanra ApS

Has Spanra ApS gone bankrupt?

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

What is the bankruptcy risk of Spanra ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Spanra ApS?

Dan Bakkestrøm Hougesen, Nicolai Dvinge are the CEOs of Spanra ApS.

Who is the auditor of Spanra ApS?

Spanra ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Spanra ApS founded?

Spanra ApS was founded on 6 October 2017.

What is the equity of Spanra ApS?

Equity was DKK -558k 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.