Garageshoppen ApS

CVR 39301148 · Private limited company (ApS) · Active · Medium risk

Garageshoppen ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry detailhandel med cykler. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -1.0m and a net result of DKK -137k. CEO: Johnny Løgtved.

Bankruptcy risk for Garageshoppen ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% 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×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
39301148
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Finsensgade 41
7400 Herning
Municipality
Herning
Industry
Detailhandel med cykler (476320)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Employees
1 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-327.0%
Current ratio94%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 366kDKK 186k
Net profitDKK -137kDKK -427k
EquityDKK -1.0mDKK -883k
Total assetsDKK 312kDKK 471k
Short-term debtDKK 331k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025159
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 2022121
1 Jan 2021 – 31 Dec 202174
1 Jan 2020 – 31 Dec 202049
1 Jan 2019 – 31 Dec 2019154
2 Feb 2018 – 31 Dec 2018135

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
CEOJohnny LøgtvedCurrent
Owner (50%)Poul SandCurrent
Owner (50%)Johnny LøgtvedCurrent
FounderPoul SandCurrent
FounderJohnny LøgtvedCurrent

Address history (0 moves)

Finsensgade 41, 7400 Herning

Employees per year

Number of employees at Garageshoppen ApS per year112018: 12018

Similar companies in Herning

Questions and answers about Garageshoppen ApS

Has Garageshoppen ApS gone bankrupt?

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

What is the bankruptcy risk of Garageshoppen ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of Garageshoppen ApS?

Johnny Løgtved is the CEO of Garageshoppen ApS.

Who is the auditor of Garageshoppen ApS?

Garageshoppen ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Garageshoppen ApS founded?

Garageshoppen ApS was founded on 2 February 2018.

What is the equity of Garageshoppen ApS?

Equity was DKK -1.0m 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.