SH Development ApS

CVR 39655683 · Private limited company (ApS) · Active · Low risk

SH Development ApS is a Private limited company (ApS), founded on , based in Kolding. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.0% 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 5.0m and a net result of DKK 307k.

Bankruptcy risk for SH Development ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Website registeredYes · bankruptcy rate 12.0%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×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
39655683
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Søren Bull, Vranderupvej 127
6000 Kolding
Municipality
Kolding
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 63k
Auditor
RSM Danmark, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio20.1%
Current ratio7%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.4mDKK 1.3m
Net profitDKK 307kDKK 277k
EquityDKK 5.0mDKK 4.7m
Total assetsDKK 24.8mDKK 24.9m
CashDKK 252k–
Short-term debtDKK 3.4m–
Tax owedDKK 62k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025112
1 Jan 2024 – 31 Dec 202497
1 Jan 2023 – 31 Dec 2023134
1 Jan 2022 – 31 Dec 2022102
1 Jan 2021 – 31 Dec 2021123
1 Jan 2020 – 31 Dec 2020154
1 Jan 2019 – 31 Dec 2019160
1 Jan 2018 – 31 Dec 2018171

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
Owner (50%)Søren Bull Holding ApSCurrent
Owner (50%)Hebu Holding ApSCurrent
Owner (67%)Søren Skovsgaard Bull
Owner (67%)Søren Bull Holding ApS
Owner (20%)Hebu Holding ApS
FounderSøren Skovsgaard BullCurrent

Address history (2 moves)

c/o Søren Bull, Vranderupvej 127, 6000 Kolding
Bjergbyvej 67, 6000 Kolding
Drosselvej 37, 6000 Kolding

Other companies at the same address

Similar companies in Kolding

Questions and answers about SH Development ApS

Has SH Development ApS gone bankrupt?

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

What is the bankruptcy risk of SH Development ApS?

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

Who is the auditor of SH Development ApS?

SH Development ApS most recently used RSM Danmark, Statsautoriseret Revisionspartnerselskab.

When was SH Development ApS founded?

SH Development ApS was founded on 16 June 2018.

What is the equity of SH Development ApS?

Equity was DKK 5.0m 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.