Glenn's rideudstyr ApS

CVR 39804433 · Private limited company (ApS) · Active · High risk

Glenn's rideudstyr ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry fremstilling af sportsudstyr. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 7 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -230k and a net result of DKK -48k. CEO: Glenn Patrick Møller Espensen.

Bankruptcy risk for Glenn's rideudstyr ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Registered owners0 · bankruptcy rate 51.4%5.8×
Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Capital changes1 · bankruptcy rate 7.0%0.80×

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
39804433
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Nørholmsvej 110
9000 Aalborg
Municipality
Aalborg
Industry
Fremstilling af sportsudstyr (323000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 40k
Auditor
Bæk Revision
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-180.1%
Current ratio25%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 0DKK 0DKK 0
Gross profitDKK -7,653DKK -11kDKK -20k
Net profitDKK -48kDKK -51kDKK -60k
EquityDKK -230kDKK -182kDKK -131k
Total assetsDKK 128kDKK 186kDKK 237k
CashDKK 728DKK 19k–
Short-term debtDKK 358kDKK 368k–
Avg. employees–0–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: Andre erklæringer uden sikkerhed · Bæk Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020169
9 Aug 2018 – 31 Dec 2019239 Late

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
CEOGlenn Patrick Møller EspensenCurrent
AuditorBæk Revision
FounderGlenn Patrick Møller EspensenCurrent

The CEOs' other companies

Glenn Patrick Møller Espensen – 1 other companies

Address history (2 moves)

Nørholmsvej 110, 9000 Aalborg
Nørholmsvej 110, 9000 Aalborg
Spangshusevej 4, 8950 Ørsted

Former names

Glenn's rideudstyr ApS – now
Glenn's rideudstyr IVS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Glenn's rideudstyr ApS

Has Glenn's rideudstyr ApS gone bankrupt?

No, Glenn's rideudstyr ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Glenn's rideudstyr ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Glenn's rideudstyr ApS?

Glenn Patrick Møller Espensen is the CEO of Glenn's rideudstyr ApS.

Who is the auditor of Glenn's rideudstyr ApS?

Glenn's rideudstyr ApS most recently used Bæk Revision.

When was Glenn's rideudstyr ApS founded?

Glenn's rideudstyr ApS was founded on 9 August 2018.

What is the equity of Glenn's rideudstyr ApS?

Equity was DKK -230k 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.