Spar Årslev ApS

CVR 39432706 · Private limited company (ApS) · Active · High risk

Spar Årslev ApS is a Private limited company (ApS), founded on , based in Årslev. The company is registered in the industry detailhandel med dagligvarer i supermarkeder og købmandsbutikker. 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 4 more than six months after the end of the financial year. The latest annual report (31 Mar 2026) shows equity of DKK -28k and a net result of DKK 61k. CEO: Michael Frank.

Bankruptcy risk for Spar Årslev 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

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
39432706
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Stationsvej 124
5792 Årslev
Municipality
Faaborg-Midtfyn
Industry
Detailhandel med dagligvarer i supermarkeder og købmandsbutikker (471120)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Employees
41 (2018)
Auditor
DANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-0.4%
Current ratio82%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202620252024
Gross profitDKK 8.7mDKK 8.4mDKK 7.7m
Net profitDKK 61kDKK -249kDKK 131k
EquityDKK -28kDKK -89kDKK 159k
Total assetsDKK 6.8mDKK 6.2mDKK 6.2m
CashDKK 403kDKK 600k–
Short-term debtDKK 6.8mDKK 6.3m–
Avg. employees2020–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · DANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026190 Late
1 Apr 2024 – 31 Mar 2025185 Late
1 Apr 2023 – 31 Mar 2024173
1 Apr 2022 – 31 Mar 2023186 Late
1 Apr 2021 – 31 Mar 2022194 Late
1 Apr 2020 – 31 Mar 2021145
1 Apr 2019 – 31 Mar 2020167
22 Mar 2018 – 31 Mar 2019151

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 FrankCurrent
CEOTorben Bech
Owner (100%)Spar Årslev Holding ApSCurrent
Owner (50%)Torben Bech
Owner (33%)Michael Frank
Owner (100%)Otterup Årslev Holding ApS
AuditorDANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKABCurrent
AuditorGE REVISION & RÅDGIVNING, REGISTRERET REVISIONSANPARTSSELSKAB
FounderTorben BechCurrent
FounderMichael FrankCurrent

The CEOs' other companies

Michael Frank – 3 other companies

Torben Bech – 9 other companies

Address history (2 moves)

Stationsvej 124, 5792 Årslev
Stationsvej 124, 5792 Årslev
Strandvejen 1, 5450 Otterup

Employees per year

Number of employees at Spar Årslev ApS per year21412018: 412018

Similar companies in Faaborg-Midtfyn

Questions and answers about Spar Årslev ApS

Has Spar Årslev ApS gone bankrupt?

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

What is the bankruptcy risk of Spar Årslev 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 Spar Årslev ApS?

Michael Frank is the CEO of Spar Årslev ApS.

Who is the auditor of Spar Årslev ApS?

Spar Årslev ApS most recently used DANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB.

When was Spar Årslev ApS founded?

Spar Årslev ApS was founded on 22 March 2018.

What is the equity of Spar Årslev ApS?

Equity was DKK -28k according to the annual report for the period ending 31 March 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.