EXPEDITION SAIL AND SUPPORT ApS

CVR 39679841 · Private limited company (ApS) · Active · Low risk

EXPEDITION SAIL AND SUPPORT ApS is a Private limited company (ApS), founded on , based in Rungsted Kyst. The company is registered in the industry bygning af både til fritid og sport. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.3 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 22k and a net result of DKK 87k. CEO: Morten Laursen.

Bankruptcy risk for EXPEDITION SAIL AND SUPPORT ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 58% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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×

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
39679841
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Gl Vallerødvej 29
2960 Rungsted Kyst
Municipality
Hørsholm
Industry
Bygning af både til fritid og sport (301200)
Bankruptcies in the industry: Fremstilling af cykler og invalidekøretøjer
Share capital
DKK 51k
Auditor
Piaster Revisorerne, Statsautoriseret Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio16.2%
Current ratio119%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 111kDKK 0
Gross profitDKK 87kDKK -28k
Net profitDKK 87kDKK -28k
EquityDKK 22kDKK -65k
Total assetsDKK 138kDKK 26k
CashDKK 138k–
Short-term debtDKK 116k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Piaster Revisorerne, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025154
1 Jan 2024 – 31 Dec 202451
1 Jan 2023 – 31 Dec 202325
1 Jan 2022 – 31 Dec 20229
1 Jan 2021 – 31 Dec 202114
1 Jan 2020 – 31 Dec 202021
1 Jan 2019 – 31 Dec 201948
25 Jun 2018 – 31 Dec 201835

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
CEOMorten LaursenCurrent
Owner (100%)M. Lettman-Laursen Holding ApSCurrent
Owner (33%)M. Lettman-Laursen Holding ApS
Owner (33%)Neeraj Choudhary
Owner (33%)Teodor-Mircea-Liviu Gordes
FounderM. Lettman-Laursen Holding ApSCurrent

The CEOs' other companies

Morten Laursen – 5 other companies

Address history (0 moves)

Gl Vallerødvej 29, 2960 Rungsted Kyst

Former names

EXPEDITION SAIL AND SUPPORT ApS – now
Mbodji & Laursen Boat Building ApS –
TEMONE APP DEVELOPMENT COMPANY ApS –

Other companies at the same address

Questions and answers about EXPEDITION SAIL AND SUPPORT ApS

Has EXPEDITION SAIL AND SUPPORT ApS gone bankrupt?

No, EXPEDITION SAIL AND SUPPORT ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of EXPEDITION SAIL AND SUPPORT ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of EXPEDITION SAIL AND SUPPORT ApS?

Morten Laursen is the CEO of EXPEDITION SAIL AND SUPPORT ApS.

Who is the auditor of EXPEDITION SAIL AND SUPPORT ApS?

EXPEDITION SAIL AND SUPPORT ApS most recently used Piaster Revisorerne, Statsautoriseret Revisionsaktieselskab.

When was EXPEDITION SAIL AND SUPPORT ApS founded?

EXPEDITION SAIL AND SUPPORT ApS was founded on 25 June 2018.

What is the equity of EXPEDITION SAIL AND SUPPORT ApS?

Equity was DKK 22k 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.