Farmhouse ApS

CVR 40693262 · Private limited company (ApS) · Active · High risk

Farmhouse ApS is a Private limited company (ApS), founded on , based in Otterup. The company is registered in the industry andre overnatningsfaciliteter. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 2,372 and a net result of DKK -240k. CEO: Martin Winther.

Bankruptcy risk for Farmhouse ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Industry changes1 · bankruptcy rate 6.5%0.74×
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
40693262
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Strandvejen 224
5450 Otterup
Municipality
Nordfyns
Industry
Andre overnatningsfaciliteter (559000)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio0.1%
Current ratio26%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 1.5mDKK 5.0mDKK 4.1m
Net profitDKK -240kDKK 194kDKK 257k
EquityDKK 2,372DKK 242kDKK 299k
Total assetsDKK 1.6mDKK 1.9mDKK 1.8m
CashDKK 174kDKK 155k–
Short-term debtDKK 1.1mDKK 1.2m–
Avg. employees26–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024122
1 Jan 2023 – 31 Dec 2023153
1 Jan 2022 – 31 Dec 2022130
1 Jan 2021 – 31 Dec 2021145
2 Aug 2019 – 31 Dec 2020181

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
CEOMartin WintherCurrent
CEOVan Thanh Nguyen
Owner (100%)Milo Invest Holding ApSCurrent
Owner (50%)Thanh Holding ApS
Owner (50%)Milo Invest Holding ApS
FounderThanh Holding ApSCurrent
FounderMilo Invest Holding ApSCurrent

The CEOs' other companies

Martin Winther – 2 other companies

Van Thanh Nguyen – 3 other companies

Address history (3 moves)

Strandvejen 224, 5450 Otterup
Havnegade 29, 1., 5000 Odense C
Havnegade 19, 5000 Odense C
Næsby Skovvænge 45, 5270 Odense N

Former names

Farmhouse ApS – now
Weldone ApS –
Weldone Services ApS –

Similar companies in Nordfyns

Questions and answers about Farmhouse ApS

Has Farmhouse ApS gone bankrupt?

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

What is the bankruptcy risk of Farmhouse ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the CEO of Farmhouse ApS?

Martin Winther is the CEO of Farmhouse ApS.

When was Farmhouse ApS founded?

Farmhouse ApS was founded on 2 August 2019.

What is the equity of Farmhouse ApS?

Equity was DKK 2,372 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.