HERTZ ApS

CVR 39471566 · Private limited company (ApS) · Active · Low risk

HERTZ ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 7 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 46k and a net result of DKK -40k. CEO: Mads Lolk Hertz.

Bankruptcy risk for HERTZ ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
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×

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
39471566
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Mads Hertz, Brøndumsvej 19, st. tv
8800 Viborg
Municipality
Viborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio78.3%
Current ratio461%
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 -7,808DKK -5,215
Net profitDKK -40kDKK 18k
EquityDKK 46kDKK 86k
Total assetsDKK 58kDKK 99k
CashDKK 4,398–
Short-term debtDKK 13k–
Tax owedDKK 4,627–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025121
1 Oct 2023 – 30 Sep 202449
1 Oct 2022 – 30 Sep 2023130
1 Oct 2021 – 30 Sep 202290
1 Oct 2020 – 30 Sep 202199
1 Oct 2019 – 30 Sep 2020155
10 Apr 2018 – 30 Sep 2019164

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
CEOMads Lolk HertzCurrent
Owner (100%)Mads Lolk HertzCurrent
FounderMads Lolk HertzCurrent

Address history (2 moves)

c/o Mads Hertz, Brøndumsvej 19, st. tv, 8800 Viborg
Søndersøparken 19A, 8800 Viborg
Hesteengen 6, 8800 Viborg

Former names

HERTZ ApS – now
HERTZ IVS –

Similar companies in Viborg

Questions and answers about HERTZ ApS

Has HERTZ ApS gone bankrupt?

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

What is the bankruptcy risk of HERTZ ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of HERTZ ApS?

Mads Lolk Hertz is the CEO of HERTZ ApS.

Who is the auditor of HERTZ ApS?

HERTZ ApS most recently used Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

When was HERTZ ApS founded?

HERTZ ApS was founded on 10 April 2018.

What is the equity of HERTZ ApS?

Equity was DKK 46k according to the annual report for the period ending 30 September 2025.

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