SANDGAARD Tailored Supply ApS

CVR 40848487 · Private limited company (ApS) · Active · Medium risk

SANDGAARD Tailored Supply ApS is a Private limited company (ApS), founded on , based in Ikast. The company is registered in the industry detailhandel med tøj. 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. The latest annual report (31 Dec 2025) shows equity of DKK 94k and a net result of DKK -8,540. CEO: Lars Sandgaard.

Bankruptcy risk for SANDGAARD Tailored Supply 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

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Website registeredYes · bankruptcy rate 12.0%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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
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×

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
40848487
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Orionvej 2D
7430 Ikast
Municipality
Ikast-Brande
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio41.5%
Current ratio171%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -11kDKK -11k
Net profitDKK -8,540DKK -19k
EquityDKK 94kDKK 102k
Total assetsDKK 225kDKK 230k
CashDKK 699–
Short-term debtDKK 132k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025141
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 202395
1 Jan 2022 – 31 Dec 2022116
1 Jan 2021 – 31 Dec 2021122
9 Oct 2019 – 31 Dec 2020155

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
CEOLars SandgaardCurrent
CEOThorsten Andy Madsen
Owner (100%)SANDGAARD A/SCurrent
Owner (100%)Armadillo Invest ApS
Owner (50%)SANDGAARD HOLDING, IKAST ApS
Owner (50%)Armadillo Invest ApS
AuditorPartner Revision statsautoriseret revisionsaktieselskab
FounderArmadillo Invest ApSCurrent

The CEOs' other companies

Lars Sandgaard – 7 other companies, of which 1 bankrupt

Thorsten Andy Madsen – 19 other companies, of which 1 bankrupt

Address history (1 moves)

Orionvej 2D, 7430 Ikast
Vissingsgade 7A, 7100 Vejle

Former names

SANDGAARD Tailored Supply ApS – now
C & M 19 ApS –

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about SANDGAARD Tailored Supply ApS

Has SANDGAARD Tailored Supply ApS gone bankrupt?

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

What is the bankruptcy risk of SANDGAARD Tailored Supply 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 SANDGAARD Tailored Supply ApS?

Lars Sandgaard is the CEO of SANDGAARD Tailored Supply ApS.

Who is the auditor of SANDGAARD Tailored Supply ApS?

SANDGAARD Tailored Supply ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was SANDGAARD Tailored Supply ApS founded?

SANDGAARD Tailored Supply ApS was founded on 9 October 2019.

What is the equity of SANDGAARD Tailored Supply ApS?

Equity was DKK 94k 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.