Isbach ApS

CVR 40637176 · Private limited company (ApS) · Active · Medium risk

Isbach ApS is a Private limited company (ApS), founded on , based in Løgstrup. The company is registered in the industry gennemførelse af byggeprojekter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 (31 Dec 2025) shows equity of DKK -188k and a net result of DKK 19k. CEO: Jan Sørensen.

Bankruptcy risk for Isbach ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
40637176
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Jan Sørensen, Kvolsvej 1
8831 Løgstrup
Municipality
Viborg
Industry
Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-349.9%
Current ratio22%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 25kDKK 12kDKK 50k
Net profitDKK 19kDKK -21kDKK 9,884
EquityDKK -188kDKK -207kDKK -186k
Total assetsDKK 54kDKK 103kDKK 134k
CashDKK 45kDKK 46k–
Short-term debtDKK 242kDKK 310k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021187 Late
3 Jul 2019 – 31 Dec 2020190 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
CEOJan SørensenCurrent
Owner (100%)Jan SørensenCurrent
Owner (50%)Lene Isbach Poulsen
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderJan SørensenCurrent
FounderLene Isbach PoulsenCurrent

Address history (4 moves)

c/o Jan Sørensen, Kvolsvej 1, 8831 Løgstrup
c/o Jan Sørensen, Klokkestøbervej 8, 8800 Viborg
c/o Jan Sørensen, Klokkestøbervej 10B, 8800 Viborg
c/o Jan Sørensen, Sct. Mogens Gade 32A, st., 8800 Viborg
Klokkestøbervej 10B, 8800 Viborg

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Questions and answers about Isbach ApS

Has Isbach ApS gone bankrupt?

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

What is the bankruptcy risk of Isbach ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Isbach ApS?

Jan Sørensen is the CEO of Isbach ApS.

Who is the auditor of Isbach ApS?

Isbach ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Isbach ApS founded?

Isbach ApS was founded on 3 July 2019.

What is the equity of Isbach ApS?

Equity was DKK -188k 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.