KIbsgaard Design & Montage ApS

CVR 39429691 · Private limited company (ApS) · Active · High risk

KIbsgaard Design & Montage ApS is a Private limited company (ApS), founded on , based in Nakskov. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 times the average for Danish companies. 8 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 39k and a net result of DKK -1,115. CEO: Michel Garthie Hellesen.

Bankruptcy risk for KIbsgaard Design & Montage ApS

5.9%
probability of bankruptcy within 12 months
High risk

4.2 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
39429691
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Højevej 13
4900 Nakskov
Municipality
Lolland
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityNo
Equity ratio11.1%
Current ratio95%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 244kDKK 65k
Net profitDKK -1,115DKK -1,361
EquityDKK 39kDKK 40k
Total assetsDKK 348kDKK 156k
CashDKK 113k–
Short-term debtDKK 307k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023137
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020193 Late
1 Jan 2019 – 31 Dec 2019251 Late
19 Mar 2018 – 31 Dec 2018168

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
CEOMichel Garthie HellesenCurrent
CEOTorben Herman Pedersen
Owner (100%)Michel Garthie HellesenCurrent
Owner (100%)Torben Herman Pedersen
FounderTorben Herman PedersenCurrent

The CEOs' other companies

Torben Herman Pedersen – 3 other companies, of which 2 bankrupt

Address history (2 moves)

Højevej 13, 4900 Nakskov
Frodesvej 3, 4900 Nakskov
Fyrrelunden 89, 6705 Esbjerg Ø

Former names

KIbsgaard Design & Montage ApS – now
T.H.P Holding ApS –

Other companies at the same address

Similar companies in Lolland

Questions and answers about KIbsgaard Design & Montage ApS

Has KIbsgaard Design & Montage ApS gone bankrupt?

No, KIbsgaard Design & Montage ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of KIbsgaard Design & Montage ApS?

Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.

Who is the CEO of KIbsgaard Design & Montage ApS?

Michel Garthie Hellesen is the CEO of KIbsgaard Design & Montage ApS.

When was KIbsgaard Design & Montage ApS founded?

KIbsgaard Design & Montage ApS was founded on 19 March 2018.

What is the equity of KIbsgaard Design & Montage ApS?

Equity was DKK 39k 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.