Undergroundkitchen ApS

CVR 39272954 · Private limited company (ApS) · Active · High risk

Undergroundkitchen ApS is a Private limited company (ApS), founded on , based in Odense NV. The company is registered in the industry catering på kontrakt og andre restaurationsaktiviteter. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 8 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 51k and a net result of DKK 5,185. CEO: Brian Lind Busch.

Bankruptcy risk for Undergroundkitchen ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
39272954
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Rådyrløkken 65
5210 Odense NV
Municipality
Odense
Industry
Catering på kontrakt og andre restaurationsaktiviteter (562200)
Bankruptcies in the industry: Restauranter
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio29.9%
Current ratio143%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 163kDKK 176kDKK 137k
Net profitDKK 5,185DKK 11kDKK -46k
EquityDKK 51kDKK 46kDKK 35k
Total assetsDKK 170kDKK 143kDKK 171k
CashDKK 70kDKK 88k–
Short-term debtDKK 119kDKK 97k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025165
1 Jan 2024 – 31 Dec 2024164
1 Jan 2023 – 31 Dec 2023156
1 Jan 2022 – 31 Dec 2022148
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019222 Late
15 Jan 2018 – 31 Dec 2018158

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
CEOBrian Lind BuschCurrent
CEOMichael Lind Olsen
CEOLone Møller-Nielsen
Owner (100%)Lind's ApSCurrent
Owner (100%)LOMI HOLDING ApS
FounderLOMI HOLDING ApSCurrent

The CEOs' other companies

Brian Lind Busch – 1 other companies

Michael Lind Olsen – 3 other companies

Lone Møller-Nielsen – 3 other companies

Address history (1 moves)

Rådyrløkken 65, 5210 Odense NV
c/o Michael Lind Olsen, Storkeløkken 78, 5270 Odense N

Other companies at the same address

Similar companies in Odense

Questions and answers about Undergroundkitchen ApS

Has Undergroundkitchen ApS gone bankrupt?

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

What is the bankruptcy risk of Undergroundkitchen ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of Undergroundkitchen ApS?

Brian Lind Busch is the CEO of Undergroundkitchen ApS.

When was Undergroundkitchen ApS founded?

Undergroundkitchen ApS was founded on 15 January 2018.

What is the equity of Undergroundkitchen ApS?

Equity was DKK 51k 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.