Cars By Riisager ApS

CVR 40194576 · Private limited company (ApS) · Active · Low risk

Cars By Riisager ApS is a Private limited company (ApS), founded on , based in Hjørring. The company is registered in the industry detailhandel med motorkøretøjer. 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. The latest annual report (30 Sep 2025) shows equity of DKK 81k and a net result of DKK -82k. CEO: Michael Riisager.

Bankruptcy risk for Cars By Riisager ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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
40194576
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Gilsigvej 50
9800 Hjørring
Municipality
Hjørring
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 100k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio2.6%
Current ratio90%
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 year20252024
Gross profitDKK 516kDKK 594k
Net profitDKK -82kDKK -276k
EquityDKK 81kDKK 63k
Total assetsDKK 3.2mDKK 4.0m
CashDKK 5,523–
Short-term debtDKK 3.1m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025128
1 Oct 2023 – 30 Sep 2024135
1 Oct 2022 – 30 Sep 2023125
1 Oct 2021 – 30 Sep 2022115
1 Oct 2020 – 30 Sep 2021159
1 Oct 2019 – 30 Sep 2020142
21 Jan 2019 – 30 Sep 2019169

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
CEOMichael RiisagerCurrent
Owner (100%)MR-Holding ApSCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderMR-Holding ApSCurrent

The CEOs' other companies

Michael Riisager – 1 other companies

Address history (0 moves)

Gilsigvej 50, 9800 Hjørring

Other companies at the same address

Similar companies in Hjørring

Questions and answers about Cars By Riisager ApS

Has Cars By Riisager ApS gone bankrupt?

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

What is the bankruptcy risk of Cars By Riisager 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 Cars By Riisager ApS?

Michael Riisager is the CEO of Cars By Riisager ApS.

Who is the auditor of Cars By Riisager ApS?

Cars By Riisager ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Cars By Riisager ApS founded?

Cars By Riisager ApS was founded on 21 January 2019.

What is the equity of Cars By Riisager ApS?

Equity was DKK 81k according to the annual report for the period ending 30 September 2025.

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