Conrads ApS

CVR 40066020 · Private limited company (ApS) · Active · Medium risk

Conrads ApS is a Private limited company (ApS), founded on , based in Ribe. The company is registered in the industry overfladebehandling af metal. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 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 Oct 2025) shows equity of DKK 1.1m and a net result of DKK 577k. CEO: Kim Conrad Hansen.

Bankruptcy risk for Conrads ApS

1.9%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×
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
40066020
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o kim Conrad Hansen, Tornskadevænget 6
6760 Ribe
Municipality
Esbjerg
Industry
Overfladebehandling af metal (255100)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 40k
Auditor
CKF Revision ApS Godkendt revisionsfirma
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio52.7%
Current ratio120%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.6m–
Net profitDKK 577k–
EquityDKK 1.1m–
Total assetsDKK 2.1m–
CashDKK 377k–
Short-term debtDKK 998k–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · CKF Revision ApS Godkendt revisionsfirma.

Filed annual reports

Reporting periodPublishedDays after period end
1 Nov 2024 – 31 Oct 2025189 Late
1 Nov 2023 – 31 Oct 2024179
1 Nov 2022 – 31 Oct 2023137
1 Nov 2021 – 31 Oct 2022174
1 Nov 2020 – 31 Oct 202196
1 Nov 2019 – 31 Oct 202016
3 Dec 2018 – 31 Oct 201950

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
CEOKim Conrad HansenCurrent
Owner (100%)Conrads Holding ApSCurrent
Owner (100%)Conrads Holding ApS
Owner (50%)Conrads Holding ApS
Owner (50%)MALUKAS Holding ApS
FounderConrads Holding ApSCurrent

The CEOs' other companies

Kim Conrad Hansen – 3 other companies

Address history (2 moves)

c/o kim Conrad Hansen, Tornskadevænget 6, 6760 Ribe
c/o kim Conrad Hansen, Uglbjergvej 15B, 6900 Skjern
Toldstedvej 1, 6760 Ribe

Former names

Conrads ApS – now
Conrads IVS –

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about Conrads ApS

Has Conrads ApS gone bankrupt?

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

What is the bankruptcy risk of Conrads ApS?

Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of Conrads ApS?

Kim Conrad Hansen is the CEO of Conrads ApS.

Who is the auditor of Conrads ApS?

Conrads ApS most recently used CKF Revision ApS Godkendt revisionsfirma.

When was Conrads ApS founded?

Conrads ApS was founded on 3 December 2018.

What is the equity of Conrads ApS?

Equity was DKK 1.1m according to the annual report for the period ending 31 October 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.