Bay Frandsen Holding ApS

CVR 40198598 · Private limited company (ApS) · Active · Low risk

Bay Frandsen Holding ApS is a Private limited company (ApS), founded on , based in Middelfart. The company is registered in the industry ikke-finansielle holdingselskaber. 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, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 196k and a net result of DKK -230k.

Bankruptcy risk for Bay Frandsen Holding 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

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Negative equityNo · bankruptcy rate 5.1%0.58×
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×
Equity vs. share capital2–5× · 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
40198598
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Betina Bay Frandsen, Langedamsvej 7
5500 Middelfart
Municipality
Middelfart
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Leif Mikkelsen &amp; Partnere A/S
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityNo
Equity ratio92.5%
Current ratio408%
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 -7,412DKK -7,075DKK -14k
Net profitDKK -230kDKK -889DKK 595k
EquityDKK 196kDKK 563kDKK 623k
Total assetsDKK 211kDKK 563kDKK 623k
CashDKK 49kDKK 197k–
Short-term debtDKK 16kDKK 73–
Tax owedDKK 16k––
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Leif Mikkelsen &amp; Partnere A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 31 Dec 2025177
1 Oct 2023 – 30 Sep 2024179
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022182
1 Oct 2020 – 30 Sep 2021151
1 Oct 2019 – 30 Sep 2020148
11 Jan 2019 – 30 Sep 2019141

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
Owner (100%)Betina Bay FrandsenCurrent
FounderBetina Bay FrandsenCurrent

Address history (0 moves)

c/o Betina Bay Frandsen, Langedamsvej 7, 5500 Middelfart

Similar companies in Middelfart

Questions and answers about Bay Frandsen Holding ApS

Has Bay Frandsen Holding ApS gone bankrupt?

No, Bay Frandsen Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Bay Frandsen Holding 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 auditor of Bay Frandsen Holding ApS?

Bay Frandsen Holding ApS most recently used Leif Mikkelsen &amp; Partnere A/S.

When was Bay Frandsen Holding ApS founded?

Bay Frandsen Holding ApS was founded on 11 January 2019.

What is the equity of Bay Frandsen Holding ApS?

Equity was DKK 196k 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.