Budget Gulve ApS

CVR 40135928 · Private limited company (ApS) · Active · Very high risk

Budget Gulve ApS is a Private limited company (ApS), founded on , based in Glostrup. The company is registered in the industry udførelse af gulvbelægninger og vægbeklædning. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 6 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 78k and a net result of DKK -21k. CEO: Mark Sørensen.

Bankruptcy risk for Budget Gulve ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
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×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
40135928
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Hovedvejen 116, 2.
2600 Glostrup
Municipality
Glostrup
Industry
Udførelse af gulvbelægninger og vægbeklædning (433300)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityNo
Equity ratio57.6%
Current ratio126%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue–DKK 600kDKK 1.2m
Gross profitDKK 82kDKK 243kDKK 399k
Net profitDKK -21kDKK -86kDKK 2,870
EquityDKK 78kDKK 46kDKK 109k
Total assetsDKK 135kDKK 129kDKK 165k
CashDKK 3,281DKK 38k–
Short-term debtDKK 57kDKK 36k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025183
1 Jul 2023 – 30 Jun 2024186 Late
1 Jul 2022 – 30 Jun 2023188 Late
1 Jul 2021 – 30 Jun 2022151
1 Jul 2020 – 30 Jun 2021153
1 Jan 2019 – 30 Jun 2020153

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
CEOMark SørensenCurrent
CEOPeter Andreas Stakemann
Owner (100%)Mark SørensenCurrent
Owner (100%)ApS KBUS 38 nr.3117
FounderApS KBUS 38 nr.3117Current

The CEOs' other companies

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Address history (2 moves)

Hovedvejen 116, 2., 2600 Glostrup
Kongelundsvej 322, 2770 Kastrup
Kronprinsessegade 18, 1306 København K

Former names

Budget Gulve ApS – now
MS Trucking ApS –
ApS KBUS 18 127 –

Similar companies in Glostrup

Questions and answers about Budget Gulve ApS

Has Budget Gulve ApS gone bankrupt?

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

What is the bankruptcy risk of Budget Gulve ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Budget Gulve ApS?

Mark Sørensen is the CEO of Budget Gulve ApS.

When was Budget Gulve ApS founded?

Budget Gulve ApS was founded on 1 January 2019.

What is the equity of Budget Gulve ApS?

Equity was DKK 78k according to the annual report for the period ending 30 June 2025.

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