Coverforce Aps

CVR 40525750 · Private limited company (ApS) · Active · High risk

Coverforce Aps is a Private limited company (ApS), founded on , based in Rødding. The company is registered in the industry fremstilling af andre færdige metalprodukter i.a.n.. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 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 -13.2m and a net result of DKK -954k. CEO: Allan Damgaard Andersen.

Bankruptcy risk for Coverforce Aps

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% 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×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%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
40525750
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Allan Damgaard Andersen, Industriparken Nord 2B
6630 Rødding
Municipality
Vejen
Industry
Fremstilling af andre færdige metalprodukter i.a.n. (259900)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 40k
Auditor
Revisionscentret Sønderborg
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-404.9%
Current ratio20%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 525kDKK -281kDKK -761k
Net profitDKK -954kDKK -2.5mDKK -3.1m
EquityDKK -13.2mDKK -12.2mDKK -9.7m
Total assetsDKK 3.3mDKK 2.3mDKK 2.0m
CashDKK 31kDKK 0–
Short-term debtDKK 16.5mDKK 14.5m–
Avg. employees23–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionscentret Sønderborg.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023191 Late
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021168
1 Jan 2020 – 31 Dec 2020170
1 May 2019 – 31 Dec 2019244 Late

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
CEOAllan Damgaard AndersenCurrent
Owner (100%)Allan Damgaard Andersen Holding ApSCurrent
Owner (100%)Allan Damgaard Andersen
AuditorRevisionscentret Sønderborg Godkendt Revisionsaktieselskab
FounderAllan Damgaard AndersenCurrent

The CEOs' other companies

Allan Damgaard Andersen – 9 other companies, of which 2 bankrupt

Address history (2 moves)

c/o Allan Damgaard Andersen, Industriparken Nord 2B, 6630 Rødding
c/o Allan Damgaard Andersen, Industriparken Nord 2B, 6630 Rødding
Skodborg Vamdrupvej 7, 6630 Rødding

Other companies at the same address

Similar companies in Vejen

Questions and answers about Coverforce Aps

Has Coverforce Aps gone bankrupt?

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

What is the bankruptcy risk of Coverforce Aps?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of Coverforce Aps?

Allan Damgaard Andersen is the CEO of Coverforce Aps.

Who is the auditor of Coverforce Aps?

Coverforce Aps most recently used Revisionscentret Sønderborg.

When was Coverforce Aps founded?

Coverforce Aps was founded on 1 May 2019.

What is the equity of Coverforce Aps?

Equity was DKK -13.2m 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.