K-Cars ApS

CVR 39433826 · Private limited company (ApS) · Active · Low risk

K-Cars ApS is a Private limited company (ApS), founded on , based in Tjele. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 189k and a net result of DKK -48k. CEO: Nils Hornskov Kvorning.

Bankruptcy risk for K-Cars ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% 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×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
39433826
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Møllevej 11
8830 Tjele
Municipality
Viborg
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 50k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio41.6%
Current ratio122%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 578kDKK 601kDKK 615k
Net profitDKK -48kDKK -13kDKK 77k
EquityDKK 189kDKK 237kDKK 250k
Total assetsDKK 454kDKK 525kDKK 524k
CashDKK 107kDKK 189k–
Short-term debtDKK 265kDKK 284k–
Tax owed–DKK 0–
Avg. employees22–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025162
1 Jan 2024 – 31 Dec 202491
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 2022165
1 Jan 2021 – 31 Dec 202173
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019177
23 Mar 2018 – 31 Dec 2018148

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
CEONils Hornskov KvorningCurrent
CEORasmus Kristiansen
Owner (100%)Nils Hornskov KvorningCurrent
Owner (50%)Rasmus Kristiansen
Owner (50%)Nils Hornskov Kvorning
FounderRasmus KristiansenCurrent
FounderNils Hornskov KvorningCurrent

The CEOs' other companies

Rasmus Kristiansen – 2 other companies

Address history (1 moves)

Møllevej 11, 8830 Tjele
Møllevej 11, 8830 Tjele

Former names

K-Cars ApS – now
KK Components ApS –

Employees per year

Number of employees at K-Cars ApS per year112018: 02018

Similar companies in Viborg

Questions and answers about K-Cars ApS

Has K-Cars ApS gone bankrupt?

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

What is the bankruptcy risk of K-Cars ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of K-Cars ApS?

Nils Hornskov Kvorning is the CEO of K-Cars ApS.

When was K-Cars ApS founded?

K-Cars ApS was founded on 23 March 2018.

What is the equity of K-Cars ApS?

Equity was DKK 189k 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.