Applaus ApS

CVR 40626247 · Private limited company (ApS) · Active · Low risk

Applaus ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 7 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.4m and a net result of DKK 412k. CEO: Mads Frølich Hyllested.

Bankruptcy risk for Applaus ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
40626247
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Ved Stranden 9
9000 Aalborg
Municipality
Aalborg
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 7
Missing annual reportNo
Negative equityNo
Equity ratio71.7%
Current ratio326%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 4.1mDKK 3.7mDKK 3.8m
Net profitDKK 412kDKK 27kDKK 444k
EquityDKK 2.4mDKK 2.0mDKK 3.5m
Total assetsDKK 3.4mDKK 2.9mDKK 4.5m
CashDKK 346kDKK 298k–
Short-term debtDKK 963kDKK 826k–
Avg. employees99–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024191 Late
1 Jan 2023 – 31 Dec 2023193 Late
1 Jan 2022 – 31 Dec 2022198 Late
1 Jan 2021 – 31 Dec 2021160
1 Jan 2020 – 31 Dec 2020173
1 Jan 2019 – 31 Dec 2019209 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
CEOMads Frølich HyllestedCurrent
Owner (100%)Applaus Group Holding ApSCurrent
Owner (100%)Mads Frølich Hyllested
FounderMads Frølich HyllestedCurrent

The CEOs' other companies

Mads Frølich Hyllested – 5 other companies, of which 3 bankrupt

Address history (1 moves)

Ved Stranden 9, 9000 Aalborg
Ved Stranden 9, 9000 Aalborg

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Applaus ApS

Has Applaus ApS gone bankrupt?

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

What is the bankruptcy risk of Applaus ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Applaus ApS?

Mads Frølich Hyllested is the CEO of Applaus ApS.

Who is the auditor of Applaus ApS?

Applaus ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Applaus ApS founded?

Applaus ApS was founded on 24 June 2019.

What is the equity of Applaus ApS?

Equity was DKK 2.4m 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.