Form and Refine ApS

CVR 39313820 · Private limited company (ApS) · Active · Low risk

Form and Refine ApS is a Private limited company (ApS), founded on , based in Ry. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 3.0m and a net result of DKK 992k. CEO: Jonas Herman Pedersen, Helle Herman Mortensen.

Bankruptcy risk for Form and Refine ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · 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×

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
39313820
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Industrivej 14B
8680 Ry
Municipality
Skanderborg
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 143k
Auditor
BJARKE KJÆR REGISTRERET REVISIONSANPARTSSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio44.1%
Current ratio302%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.5mDKK 3.4mDKK 3.0m
Net profitDKK 992kDKK 96kDKK 45k
EquityDKK 3.0mDKK 2.0mDKK 1.9m
Total assetsDKK 6.8mDKK 5.3mDKK 5.3m
CashDKK 2.0mDKK 1.7m–
Short-term debtDKK 2.2mDKK 1.5m–
Tax owedDKK 280kDKK 45k–
Avg. employees08–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · RevisorHuset HalsRegistreret Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202583
1 Jan 2024 – 31 Dec 2024127
1 Jan 2023 – 31 Dec 2023159
1 Jan 2022 – 31 Dec 202294
1 Jan 2021 – 31 Dec 202180
1 Jan 2020 – 31 Dec 2020165
1 Jan 2019 – 31 Dec 201969
1 Feb 2018 – 31 Dec 2018174

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
CEOJonas Herman PedersenCurrent
CEOHelle Herman MortensenCurrent
Owner (10%)MH HOLDING 2011 ApSCurrent
Owner (33%)ONE STONE ApSCurrent
Owner (33%)Herman-Holding ApSCurrent
Owner (5%)Kodrup Holding ApSCurrent
Owner (10%)Form and Refine ApSCurrent
Owner (50%)ONE STONE ApS
Owner (50%)Herman-Holding ApS
Owner (20%)SJØLUND HOLDING A/S
Owner (5%)SJØLUND HOLDING A/S
Owner (5%)Form and Refine ApS
AuditorBJARKE KJÆR REGISTRERET REVISIONSANPARTSSELSKABCurrent
FounderONE STONE ApSCurrent
FounderHerman-Holding ApSCurrent

The CEOs' other companies

Jonas Herman Pedersen – 1 other companies

Helle Herman Mortensen – 1 other companies

Address history (3 moves)

Industrivej 14B, 8680 Ry
Kyhnsvej 5, st. th, 8680 Ry
Boeletvej 35, 8680 Ry
Mejlgade 30B, 8000 Aarhus C

Former names

Form and Refine ApS – now
HerLau ApS –

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about Form and Refine ApS

Has Form and Refine ApS gone bankrupt?

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

What is the bankruptcy risk of Form and Refine ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Form and Refine ApS?

Jonas Herman Pedersen, Helle Herman Mortensen are the CEOs of Form and Refine ApS.

Who is the auditor of Form and Refine ApS?

Form and Refine ApS most recently used BJARKE KJÆR REGISTRERET REVISIONSANPARTSSELSKAB.

When was Form and Refine ApS founded?

Form and Refine ApS was founded on 1 February 2018.

What is the equity of Form and Refine ApS?

Equity was DKK 3.0m 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.