Appel vvs ApS

CVR 40194479 · Private limited company (ApS) · Active · Low risk

Appel vvs ApS is a Private limited company (ApS), founded on , based in Oksbøl. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. 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. The latest annual report (31 Dec 2025) shows equity of DKK 820k and a net result of DKK 763k. CEO: Martin Appel Hansen.

Bankruptcy risk for Appel vvs 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×
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 at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
40194479
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Jegumvej 8
6840 Oksbøl
Municipality
Varde
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Auditor
Landbrugsrådgivning Syd / Den Grønne Revisor
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio22.5%
Current ratio119%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.2mDKK 2.7mDKK 2.3m
Net profitDKK 763kDKK 495kDKK 423k
EquityDKK 820kDKK 508kDKK 435k
Total assetsDKK 3.6mDKK 3.8mDKK 4.4m
CashDKK 892DKK 0–
Short-term debtDKK 2.8mDKK 3.3m–
Avg. employees53–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Landbrugsrådgivning Syd / Den Grønne Revisor.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025132
1 Jan 2024 – 31 Dec 2024153
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021173
1 Jan 2020 – 31 Dec 2020161
15 Jan 2019 – 31 Dec 2019155

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
CEOMartin Appel HansenCurrent
Owner (100%)Martin Appel Hansen Holding ApSCurrent
FounderMartin Appel Hansen Holding ApSCurrent

The CEOs' other companies

Martin Appel Hansen – 3 other companies

Address history (0 moves)

Jegumvej 8, 6840 Oksbøl

Other companies at the same address

Similar companies in Varde

Questions and answers about Appel vvs ApS

Has Appel vvs ApS gone bankrupt?

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

What is the bankruptcy risk of Appel vvs 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 Appel vvs ApS?

Martin Appel Hansen is the CEO of Appel vvs ApS.

Who is the auditor of Appel vvs ApS?

Appel vvs ApS most recently used Landbrugsrådgivning Syd / Den Grønne Revisor.

When was Appel vvs ApS founded?

Appel vvs ApS was founded on 15 January 2019.

What is the equity of Appel vvs ApS?

Equity was DKK 820k 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.