VB 19, Odense ApS

CVR 39174820 · Private limited company (ApS) · Active · Low risk

VB 19, Odense ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry anden udlejning af boliger. 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. The latest annual report (30 Jun 2025) shows equity of DKK 3.8m and a net result of DKK -1.1m. CEO: Michael Sandal.

Bankruptcy risk for VB 19, Odense 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

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
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 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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
39174820
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Sandal Ejendomme, Edisonsvej 1
5000 Odense C
Municipality
Odense
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 50k
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio16.1%
Current ratio46%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies3
Other companies at the address17
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -338kDKK -218k
Net profitDKK -1.1mDKK -662k
EquityDKK 3.8mDKK 4.9m
Total assetsDKK 23.4mDKK 22.4m
CashDKK 269–
Short-term debtDKK 19.7m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025176
1 Jul 2023 – 30 Jun 2024183
1 Jul 2022 – 30 Jun 2023172
1 Jul 2021 – 30 Jun 2022151
1 Jul 2020 – 30 Jun 2021155
1 Jul 2019 – 30 Jun 2020169
1 Jul 2018 – 30 Jun 2019152
14 Dec 2017 – 30 Jun 2018149

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
CEOMichael SandalCurrent
Owner (100%)Sandal Ejendomme ApSCurrent
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderSandal Ejendomme ApSCurrent

The CEOs' other companies

Michael Sandal – 32 other companies, of which 7 bankrupt

Address history (1 moves)

c/o Sandal Ejendomme, Edisonsvej 1, 5000 Odense C
Edisonsvej 3, 5000 Odense C

Other companies at the same address

Similar companies in Odense

Questions and answers about VB 19, Odense ApS

Has VB 19, Odense ApS gone bankrupt?

No, VB 19, Odense ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of VB 19, Odense 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 VB 19, Odense ApS?

Michael Sandal is the CEO of VB 19, Odense ApS.

Who is the auditor of VB 19, Odense ApS?

VB 19, Odense ApS most recently used AIDER Godkendt Revisionsaktieselskab.

When was VB 19, Odense ApS founded?

VB 19, Odense ApS was founded on 14 December 2017.

What is the equity of VB 19, Odense ApS?

Equity was DKK 3.8m 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.