Cordane International ApS

CVR 39870665 · Private limited company (ApS) · Active · Low risk

Cordane International ApS is a Private limited company (ApS), founded on , based in Hellerup. The company is registered in the industry engroshandel med medicinalvarer og sygeplejeartikler. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 7 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -12k and a net result of DKK -193k.

Bankruptcy risk for Cordane International ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
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×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · 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×

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
39870665
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Sundvænget 10
2900 Hellerup
Municipality
Gentofte
Industry
Engroshandel med medicinalvarer og sygeplejeartikler (464610)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
Baker Tilly Denmark
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-0.2%
Current ratio400%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 160kDKK 159kDKK 56k
Net profitDKK -193kDKK 124kDKK 43k
EquityDKK -12kDKK 181kDKK 57k
Total assetsDKK 6.1mDKK 6.0mDKK 6.0m
CashDKK 367kDKK 52–
Short-term debtDKK 111kDKK 45k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023193 Late
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 2021193 Late
1 Jan 2020 – 31 Dec 2020190 Late
18 Sep 2018 – 31 Dec 2019244 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
Owner (100%)Medical Match International ApSCurrent
Owner (100%)Svend Aage Johansen
FounderMedical Match International ApSCurrent

Address history (0 moves)

Sundvænget 10, 2900 Hellerup

Former names

Cordane International ApS – now
Cordane International IVS –

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Cordane International ApS

Has Cordane International ApS gone bankrupt?

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

What is the bankruptcy risk of Cordane International ApS?

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

Who is the auditor of Cordane International ApS?

Cordane International ApS most recently used Baker Tilly Denmark.

When was Cordane International ApS founded?

Cordane International ApS was founded on 18 September 2018.

What is the equity of Cordane International ApS?

Equity was DKK -12k 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.