Kornvangens Maler ApS

CVR 40407693 · Private limited company (ApS) · Active · Low risk

Kornvangens Maler ApS is a Private limited company (ApS), founded on , based in Esbjerg Ø. The company is registered in the industry maleraktiviteter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 7 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -87k and a net result of DKK 13k. CEO: Henning Jensen.

Bankruptcy risk for Kornvangens Maler 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

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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×
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
40407693
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Henning Jensen, Kornvangen 55
6705 Esbjerg Ø
Municipality
Esbjerg
Industry
Maleraktiviteter (433410)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-85.7%
Current ratio54%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 624kDKK 866kDKK 966k
Net profitDKK 13kDKK 54kDKK 132k
EquityDKK -87kDKK -101kDKK -154k
Total assetsDKK 102kDKK 136kDKK 294k
CashDKK 41kDKK 28k–
Short-term debtDKK 189kDKK 237k–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025118
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023193 Late
1 Jan 2022 – 31 Dec 2022174
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020175
14 Mar 2019 – 31 Dec 2019132

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
CEOHenning JensenCurrent
Owner (50%)Henning JensenCurrent
Owner (50%)Hans Ole PetersenCurrent
FounderHenning JensenCurrent
FounderHans Ole PetersenCurrent

Address history (1 moves)

c/o Henning Jensen, Kornvangen 55, 6705 Esbjerg Ø
c/o Henning Jensen, Kornvangen 55, 6705 Esbjerg Ø

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Questions and answers about Kornvangens Maler ApS

Has Kornvangens Maler ApS gone bankrupt?

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

What is the bankruptcy risk of Kornvangens Maler 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 Kornvangens Maler ApS?

Henning Jensen is the CEO of Kornvangens Maler ApS.

When was Kornvangens Maler ApS founded?

Kornvangens Maler ApS was founded on 14 March 2019.

What is the equity of Kornvangens Maler ApS?

Equity was DKK -87k 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.