Great Circle ApS
CVR 40269525 · Private limited company (ApS) · Active · High risk
Great Circle ApS is a Private limited company (ApS), founded on , based in Odense M. The company is registered in the industry agenturhandel med maskiner, teknisk udstyr, skibe og flyvemaskiner. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 May 2026) shows equity of DKK -844k and a net result of DKK -154k. CEO: Claus Kvist Krøyer, Søren Frandsen.
Bankruptcy risk for Great Circle ApS
2.4 × the average (1.41%) · higher risk than 88% of active Danish companies
Increases the risk
Reduces the risk
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
- 40269525
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (7 years)
- Address
- Haugstedgårdsvej 10
5230 Odense M - Municipality
- Odense
- Industry
- Agenturhandel med maskiner, teknisk udstyr, skibe og flyvemaskiner (461400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 50k
- Auditor
- SØBY REVISORER A/S GODKENDTE REVISORER
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 7 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -100.6% |
| Current ratio | 7% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 2 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2026 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -101k | DKK -97k | DKK 573k |
| Net profit | DKK -154k | DKK -188k | DKK 427k |
| Equity | DKK -844k | DKK -435k | DKK -247k |
| Total assets | DKK 839k | DKK 1.5m | DKK 1.7m |
| Cash | DKK 88k | DKK 658k | – |
| Short-term debt | DKK 1.7m | – | – |
| Avg. employees | 0 | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · SØBY REVISORER A/SGODKENDTE REVISORER.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jun 2025 – 31 May 2026 | 145 | ||
| 1 Jun 2024 – 31 May 2025 | 179 | ||
| 1 Jun 2023 – 31 May 2024 | 143 | ||
| 1 Jun 2022 – 31 May 2023 | 183 | ||
| 1 Jun 2021 – 31 May 2022 | 183 | ||
| 1 Jun 2020 – 31 May 2021 | 140 | ||
| 10 Feb 2019 – 31 May 2020 | 129 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Claus Kvist Krøyer | Current | |
| CEO | Søren Frandsen | Current | |
| Owner (50%) | Kvist Investment ApS | Current | |
| Owner (50%) | FRANDSENS INVEST ApS | Current | |
| Auditor | SØBY REVISORER A/S GODKENDTE REVISORER | Current | |
| Founder | Kvist Investment ApS | Current | |
| Founder | FRANDSENS INVEST ApS | Current |
The CEOs' other companies
Claus Kvist Krøyer – 7 other companies
- IT-AMBASSADEN A/S Opløst
- Kulgrunden Blok 1 Invest ApS Active
- Kulland Holding ApS Active
- Kvist & Krøyer ApS Active
- Kvist Investment ApS Active
- PHE NORDIC A/S Active
- itm8 | Mentor IT A/S Fusioneret
Søren Frandsen – 18 other companies
- BidCo 5 ManCo ApS Active
- FRANDSENS INVEST ApS Active
- Frandsens Invest MS ApS Active
- Frandsens Invest RC ApS Active
- Ground+ ApS Active
- Kulgrunden Blok 1 Invest ApS Active
- Kulland Holding ApS Active
- Mentor IT Infrastructure A/S Fusioneret
- Mentor IT Øst ApS Fusioneret
- OUTHNK BidCo 1 ApS Active
- OUTHNK BidCo 2 ApS Active
- OUTHNK Build ApS Active
- OUTHNK Digital & Creative Agency ApS Active
- OUTHNK Digital Agency ManCo ApS Active
- Q-STAR Energy A/S Active
- SporingsGruppen ApS Active
- Youzone ApS Active
- itm8 | Mentor IT A/S Fusioneret
Address history (3 moves)
| Haugstedgårdsvej 10, 5230 Odense M | |
| Kærmosevej 14, 7000 Fredericia | |
| Lindevej 8, 6710 Esbjerg V | |
| John Tranums Vej 32, 6705 Esbjerg Ø |
Other companies at the same address
- HJ Consulting ApS Opløst
- Kulland Holding ApS Active
- MMPH Holding ApS Opløst
Similar companies in Odense
- P.N. ERICHSEN A/S Odense SV
- LINROX ApS Odense SV
- Scan-Bee Food Machinery ApS Odense SØ
- LEMKEN SKANDINAVIEN ApS Odense C
- MASKINAGENTURET ApS Odense SV
- Adwizors.com ApS Odense C
- DANISH DAIRY MACHINES ApS Odense SØ
Questions and answers about Great Circle ApS
Has Great Circle ApS gone bankrupt?
No, Great Circle ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Great Circle ApS?
Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.
Who is the CEO of Great Circle ApS?
Claus Kvist Krøyer, Søren Frandsen are the CEOs of Great Circle ApS.
Who is the auditor of Great Circle ApS?
Great Circle ApS most recently used SØBY REVISORER A/S GODKENDTE REVISORER.
When was Great Circle ApS founded?
Great Circle ApS was founded on 10 February 2019.
What is the equity of Great Circle ApS?
Equity was DKK -844k according to the annual report for the period ending 31 May 2026.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.