Star Trading ApS

CVR 40069127 · Private limited company (ApS) · Active · Low risk

Star Trading ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry detailhandel med tæpper, vægbeklædning og gulvbelægning. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 55k and a net result of DKK 20k. CEO: Aase Damgaard, John-Martin Damgaard.

Bankruptcy risk for Star Trading ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
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×
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
40069127
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Martin Damgaard, Vestre Landevej 117
6800 Varde
Municipality
Varde
Industry
Detailhandel med tæpper, vægbeklædning og gulvbelægning (475300)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Auditor
Revisionsfirmaet KRH ApS
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 7
Missing annual reportNo
Negative equityNo
Equity ratio25.1%
Current ratio90%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 63kDKK 50kDKK 41k
Net profitDKK 20kDKK 16kDKK 12k
EquityDKK 55kDKK 35kDKK 19k
Total assetsDKK 218kDKK 207kDKK 182k
CashDKK 116kDKK 92k–
Short-term debtDKK 163kDKK 172k–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionsfirmaet KRH ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025189 Late
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022200 Late
1 Jan 2021 – 31 Dec 2021192 Late
1 Jan 2020 – 31 Dec 2020197 Late
30 Nov 2018 – 31 Dec 2019248 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
CEOAase DamgaardCurrent
CEOJohn-Martin DamgaardCurrent
Owner (50%)Aase DamgaardCurrent
Owner (50%)John-Martin DamgaardCurrent
FounderAase DamgaardCurrent
FounderJohn-Martin DamgaardCurrent

Address history (0 moves)

c/o Martin Damgaard, Vestre Landevej 117, 6800 Varde

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Questions and answers about Star Trading ApS

Has Star Trading ApS gone bankrupt?

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

What is the bankruptcy risk of Star Trading ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Star Trading ApS?

Aase Damgaard, John-Martin Damgaard are the CEOs of Star Trading ApS.

Who is the auditor of Star Trading ApS?

Star Trading ApS most recently used Revisionsfirmaet KRH ApS.

When was Star Trading ApS founded?

Star Trading ApS was founded on 30 November 2018.

What is the equity of Star Trading ApS?

Equity was DKK 55k 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.