Handels Group K.E. Bach ApS

CVR 40277234 · Private limited company (ApS) · Active · Low risk

Handels Group K.E. Bach ApS is a Private limited company (ApS), founded on , based in Sunds. The company is registered in the industry engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 6 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -93k and a net result of DKK -77k. CEO: Knud Erik Juhl Christensen Bach.

Bankruptcy risk for Handels Group K.E. Bach 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

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Annual reports filed late3+ · 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
40277234
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Knud Erik Bach, Faunbjergvej 24
7451 Sunds
Municipality
Herning
Industry
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil (466100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
Blicher Revision &amp; Rådgivning, StatsautoriseretRevisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-24.7%
Current ratio73%
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 year20252024
Gross profitDKK -67kDKK 105k
Net profitDKK -77kDKK 105k
EquityDKK -93kDKK -16k
Total assetsDKK 376kDKK 327k
CashDKK 75k–
Short-term debtDKK 469k–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Blicher Revision &amp; Rådgivning, StatsautoriseretRevisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025170
1 Jul 2023 – 30 Jun 2024194 Late
1 Jul 2022 – 30 Jun 2023199 Late
1 Jul 2021 – 30 Jun 2022211 Late
1 Jul 2020 – 30 Jun 2021127
21 Feb 2019 – 30 Jun 2020174

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
CEOKnud Erik Juhl Christensen BachCurrent
Owner (100%)Knud Erik Juhl Christensen BachCurrent
FounderKnud Erik Juhl Christensen BachCurrent

Address history (0 moves)

c/o Knud Erik Bach, Faunbjergvej 24, 7451 Sunds

Former names

Handels Group K.E. Bach ApS – now
Handels Group K.E. Bach IVS –

Similar companies in Herning

Questions and answers about Handels Group K.E. Bach ApS

Has Handels Group K.E. Bach ApS gone bankrupt?

No, Handels Group K.E. Bach ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Handels Group K.E. Bach 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 Handels Group K.E. Bach ApS?

Knud Erik Juhl Christensen Bach is the CEO of Handels Group K.E. Bach ApS.

Who is the auditor of Handels Group K.E. Bach ApS?

Handels Group K.E. Bach ApS most recently used Blicher Revision &amp; Rådgivning, StatsautoriseretRevisionsaktieselskab.

When was Handels Group K.E. Bach ApS founded?

Handels Group K.E. Bach ApS was founded on 21 February 2019.

What is the equity of Handels Group K.E. Bach ApS?

Equity was DKK -93k according to the annual report for the period ending 30 June 2025.

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