Frølundparken 4 ApS

CVR 40658297 · Private limited company (ApS) · Active · Low risk

Frølundparken 4 ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 6 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -443k and a net result of DKK -94k. CEO: Henrik Hartmann Handest, Peder Glarmbæk.

Bankruptcy risk for Frølundparken 4 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×
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×
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×
Loss for the yearYes · bankruptcy rate 10.3%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×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · 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×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
40658297
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Peder Glarmbæk, Ravnsbjerg Toft 21
7400 Herning
Municipality
Herning
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-54.8%
Current ratio0%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -16kDKK -33k
Net profitDKK -94kDKK -87k
EquityDKK -443kDKK -349k
Total assetsDKK 808kDKK 809k
CashDKK 29–
Short-term debtDKK 1.3m–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025191 Late
1 Jul 2023 – 30 Jun 2024194 Late
1 Jul 2022 – 30 Jun 2023202 Late
1 Jul 2021 – 30 Jun 2022187 Late
1 Jul 2020 – 30 Jun 2021167
1 Jul 2019 – 30 Jun 2020157

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
CEOHenrik Hartmann HandestCurrent
CEOPeder GlarmbækCurrent
Owner (50%)HANDEST HOLDING ApSCurrent
Owner (50%)GLARMBÆK HOLDING ApSCurrent
FounderHANDEST HOLDING ApSCurrent
FounderGLARMBÆK HOLDING ApSCurrent

The CEOs' other companies

Henrik Hartmann Handest – 6 other companies

Peder Glarmbæk – 5 other companies

Address history (2 moves)

c/o Peder Glarmbæk, Ravnsbjerg Toft 21, 7400 Herning
c/o Peder Glarmbæk, Frølundparken 5, 7400 Herning
c/o Peder Glarmbæk, Højgade 28, 7400 Herning

Other companies at the same address

Similar companies in Herning

Questions and answers about Frølundparken 4 ApS

Has Frølundparken 4 ApS gone bankrupt?

No, Frølundparken 4 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Frølundparken 4 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 Frølundparken 4 ApS?

Henrik Hartmann Handest, Peder Glarmbæk are the CEOs of Frølundparken 4 ApS.

Who is the auditor of Frølundparken 4 ApS?

Frølundparken 4 ApS most recently used Beierholm.

When was Frølundparken 4 ApS founded?

Frølundparken 4 ApS was founded on 1 July 2019.

What is the equity of Frølundparken 4 ApS?

Equity was DKK -443k 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.