Project F1 ApS

CVR 40116443 · Private limited company (ApS) · Active · High risk

Project F1 ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry sportsaktiviteter i.a.n.. 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 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -2.5m and a net result of DKK -101k. CEO: Preben Møllegaard Grundtvig.

Bankruptcy risk for Project F1 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

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Audit opted outYes · bankruptcy rate 10.4%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×
CEO's other companies30+ · bankruptcy rate 4.3%0.48×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
40116443
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Helsingørvej 4
7100 Vejle
Municipality
Vejle
Industry
Sportsaktiviteter i.a.n. (931900)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-36,759.3%
Current ratio0%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies3
Other companies at the address53
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -13kDKK -16kDKK -18k
Net profitDKK -101kDKK -131kDKK -127k
EquityDKK -2.5mDKK -2.4mDKK -2.2m
Total assetsDKK 6,686DKK 7,624DKK 6,903
Short-term debtDKK 2.5mDKK 2.4m–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023195 Late
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021186 Late
1 Jan 2020 – 31 Dec 2020196 Late
20 Dec 2018 – 31 Dec 2019253 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
CEOPreben Møllegaard GrundtvigCurrent
Owner (100%)Mikkel Küno Møllegaard Laugesen GrundtvigCurrent
Owner (100%)Preben Møllegaard Grundtvig
AuditorEY Godkendt Revisionspartnerselskab
FounderPreben Møllegaard GrundtvigCurrent

The CEOs' other companies

Preben Møllegaard Grundtvig – 47 other companies, of which 6 bankrupt

Address history (1 moves)

Helsingørvej 4, 7100 Vejle
Strandvejen 75, 7120 Vejle Øst

Former names

Project F1 ApS – now
Project F1 IVS –

Other companies at the same address

Similar companies in Vejle

Questions and answers about Project F1 ApS

Has Project F1 ApS gone bankrupt?

No, Project F1 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Project F1 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 Project F1 ApS?

Preben Møllegaard Grundtvig is the CEO of Project F1 ApS.

Who is the auditor of Project F1 ApS?

Project F1 ApS most recently used Beierholm.

When was Project F1 ApS founded?

Project F1 ApS was founded on 20 December 2018.

What is the equity of Project F1 ApS?

Equity was DKK -2.5m 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.