Kormak ApS

CVR 40332421 · Private limited company (ApS) · Active · Medium risk

Kormak ApS is a Private limited company (ApS), founded on , based in Langeskov. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 6 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -255k and a net result of DKK -203k. CEO: Olena Rudolfivna Maksymenko.

Bankruptcy risk for Kormak ApS

1.9%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 82% 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×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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
40332421
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Grønvangen 129
5550 Langeskov
Municipality
Kerteminde
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-689.3%
Current ratio13%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -98kDKK -7,101
Net profitDKK -203kDKK 58k
EquityDKK -255kDKK -52k
Total assetsDKK 37kDKK 154k
CashDKK 0–
Short-term debtDKK 292k–
Tax owedDKK 11k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revision &amp; Råd, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025172
1 Jul 2023 – 30 Jun 2024166
1 Jul 2022 – 30 Jun 202396
1 Jul 2021 – 30 Jun 2022183
1 Jul 2020 – 30 Jun 2021173
7 Mar 2019 – 30 Jun 2020183

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
CEOOlena Rudolfivna MaksymenkoCurrent
CEOErling Kortegaard
Owner (100%)Olena Rudolfivna MaksymenkoCurrent
Owner (33%)Erling Kortegaard
Owner (50%)Olena Rudolfivna Maksymenko
AuditorREVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorR&R STATSAUTORISERET REVISIONSANPARTSSELSKAB
FounderErling KortegaardCurrent
FounderOlena Rudolfivna MaksymenkoCurrent

The CEOs' other companies

Olena Rudolfivna Maksymenko – 1 other companies

Erling Kortegaard – 10 other companies, of which 4 bankrupt

Address history (1 moves)

Grønvangen 129, 5550 Langeskov
Grønvangen 129, 5550 Langeskov

Former names

Kormak ApS – now
Kormak Holding ApS –

Other companies at the same address

Similar companies in Kerteminde

Questions and answers about Kormak ApS

Has Kormak ApS gone bankrupt?

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

What is the bankruptcy risk of Kormak ApS?

Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of Kormak ApS?

Olena Rudolfivna Maksymenko is the CEO of Kormak ApS.

Who is the auditor of Kormak ApS?

Kormak ApS most recently used REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Kormak ApS founded?

Kormak ApS was founded on 7 March 2019.

What is the equity of Kormak ApS?

Equity was DKK -255k 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.