Ztove Nordic ApS

CVR 40262091 · Private limited company (ApS) · Active · Low risk

Ztove Nordic ApS is a Private limited company (ApS), founded on , based in Odense S. The company is registered in the industry detailhandel med elektriske husholdningsapparater. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 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 -15.0m and a net result of DKK -8.4m.

Bankruptcy risk for Ztove Nordic ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Age (years)5–10 yrs · bankruptcy rate 7.0%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
40262091
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Landbrugsvej 10
5260 Odense S
Municipality
Odense
Industry
Detailhandel med elektriske husholdningsapparater (475400)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-80.4%
Current ratio38%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address60
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -6.4mDKK -2.2m
Net profitDKK -8.4mDKK -3.6m
EquityDKK -15.0mDKK -6.6m
Total assetsDKK 18.7mDKK 10.7m
CashDKK 2.1m–
Short-term debtDKK 31.9m–
Avg. employees9–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023149
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021130
1 Jan 2020 – 31 Dec 2020138
15 Feb 2019 – 31 Dec 2019136

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
CEOPeter Aagaard Favrholdt
BoardHenrik Engel EichenCurrent
BoardNiels Jul JacobsenCurrent
BoardJens Kristian HansenCurrent
BoardJens Mølby RommeCurrent
Owner (100%)Ztove ApSCurrent
FounderZtove ApSCurrent

The CEOs' other companies

Peter Aagaard Favrholdt – 3 other companies

Address history (1 moves)

Landbrugsvej 10, 5260 Odense S
Forskerparken 10, 5230 Odense M

Other companies at the same address

Similar companies in Odense

Questions and answers about Ztove Nordic ApS

Has Ztove Nordic ApS gone bankrupt?

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

What is the bankruptcy risk of Ztove Nordic ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the auditor of Ztove Nordic ApS?

Ztove Nordic ApS most recently used Beierholm.

When was Ztove Nordic ApS founded?

Ztove Nordic ApS was founded on 15 February 2019.

What is the equity of Ztove Nordic ApS?

Equity was DKK -15.0m 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.