Sparrows Denmark ApS

CVR 39143127 · Private limited company (ApS) · Active · Medium risk

Sparrows Denmark ApS is a Private limited company (ApS), founded on , based in Struer. The company is registered in the industry ikke-finansielle holdingselskaber. 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. The latest annual report (31 Aug 2025) shows equity of DKK -20.7m and a net result of DKK -19.2m. CEO: Mikkel Jensby Lund.

Bankruptcy risk for Sparrows Denmark ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% 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×
CEO changes1 · bankruptcy rate 11.4%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
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
39143127
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Farvervej 1
7600 Struer
Municipality
Struer
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 100k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-175.7%
Current ratio17%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -14kDKK -7,000
Net profitDKK -19.2mDKK -5.6m
EquityDKK -20.7mDKK -1.5m
Total assetsDKK 11.8mDKK 29.9m
CashDKK 0–
Short-term debtDKK 3.6m–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Sep 2024 – 31 Aug 202592
1 Sep 2023 – 31 Aug 202458
1 Jan 2022 – 31 Dec 2022152
1 Jan 2021 – 31 Dec 2021172
1 Jan 2020 – 31 Dec 2020112
1 Jan 2019 – 31 Dec 2019162
1 Jan 2018 – 31 Dec 2018154
7 Dec 2017 – 31 Dec 2017143

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
CEOMikkel Jensby LundCurrent
CEONeil Austin Johnson
BoardMikkel Jensby LundCurrent
BoardPadraig Martin SomersCurrent
BoardJonathan Paul GilmoreCurrent
BoardEskil Bielefeldt
BoardNeil Austin Johnson
BoardStewart Andrew Allan Mitchell
BoardSteven Louis Bertone
BoardCharles Edward Topp
BoardMatthew William John Corbin
BoardMatthew William John Corbin
BoardPadraig Martin Somers
Owner (100%)Sparrows Offshore Services Ltd.Current
Owner (100%)Sparrows Offshore Services Ltd.
Owner (25%)Lund Family Holding ApS
Owner (67%)Sparrows Offshore Services Ltd.
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderSparrows Offshore Services Ltd.Current

The CEOs' other companies

Mikkel Jensby Lund – 10 other companies

Address history (0 moves)

Farvervej 1, 7600 Struer

Other companies at the same address

Similar companies in Struer

Questions and answers about Sparrows Denmark ApS

Has Sparrows Denmark ApS gone bankrupt?

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

What is the bankruptcy risk of Sparrows Denmark 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 CEO of Sparrows Denmark ApS?

Mikkel Jensby Lund is the CEO of Sparrows Denmark ApS.

Who is the auditor of Sparrows Denmark ApS?

Sparrows Denmark ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Sparrows Denmark ApS founded?

Sparrows Denmark ApS was founded on 7 December 2017.

What is the equity of Sparrows Denmark ApS?

Equity was DKK -20.7m according to the annual report for the period ending 31 August 2025.

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