Garnvärk ApS

CVR 39906880 · Private limited company (ApS) · Active · Low risk

Garnvärk ApS is a Private limited company (ApS), founded on , based in Fredensborg. The company is registered in the industry detailhandel med tekstiler. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 7 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 746k and a net result of DKK 338k. CEO: Birgitte Majlund, Jens-Erik Majlund.

Bankruptcy risk for Garnvärk ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
39906880
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Jernbanegade 20
3480 Fredensborg
Municipality
Fredensborg
Industry
Detailhandel med tekstiler (475100)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Nærrevision A/S
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio49.9%
Current ratio157%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 913kDKK 1.2m
Net profitDKK 338kDKK 391k
EquityDKK 746kDKK 409k
Total assetsDKK 1.5mDKK 2.2m
CashDKK 92k–
Short-term debtDKK 742k–
Tax owedDKK 95k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Nærrevision A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024155
1 Jan 2023 – 31 Dec 2023193 Late
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021168
1 Jan 2020 – 31 Dec 2020135
2 Oct 2018 – 31 Dec 2019145

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
CEOBirgitte MajlundCurrent
CEOJens-Erik MajlundCurrent
CEONina Frank Larsson
Owner (100%)B. Majlund Holding ApSCurrent
Owner (100%)Larsson & Olsen ApS
FounderLarsson & Olsen ApSCurrent

The CEOs' other companies

Birgitte Majlund – 3 other companies

Jens-Erik Majlund – 9 other companies, of which 1 bankrupt

Nina Frank Larsson – 3 other companies, of which 1 bankrupt

Address history (1 moves)

Jernbanegade 20, 3480 Fredensborg
Jernbanegade 16, 3480 Fredensborg

Former names

Garnvärk ApS – now
Garnvärk IVS –

Other companies at the same address

Similar companies in Fredensborg

Questions and answers about Garnvärk ApS

Has Garnvärk ApS gone bankrupt?

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

What is the bankruptcy risk of Garnvärk ApS?

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

Who is the CEO of Garnvärk ApS?

Birgitte Majlund, Jens-Erik Majlund are the CEOs of Garnvärk ApS.

Who is the auditor of Garnvärk ApS?

Garnvärk ApS most recently used Nærrevision A/S.

When was Garnvärk ApS founded?

Garnvärk ApS was founded on 2 October 2018.

What is the equity of Garnvärk ApS?

Equity was DKK 746k 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.