Kilsgaard ApS

CVR 40929525 · Private limited company (ApS) · Active · High risk

Kilsgaard ApS is a Private limited company (ApS), founded on , based in Silkeborg. The company is registered in the industry andre specialiserede byggeaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 6 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (1 Apr 2026) shows equity of DKK 52k and a net result of DKK -46k. CEO: Mads Kilsgaard Sørensen.

Bankruptcy risk for Kilsgaard ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%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×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · 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
40929525
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Bredhøj 1, 3. th
8600 Silkeborg
Municipality
Silkeborg
Industry
Andre specialiserede byggeaktiviteter i.a.n. (439900)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 6
Missing annual reportNo
Negative equityNo
Equity ratio8.8%
Current ratio110%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 364kDKK 73kDKK 456k
Net profitDKK -46kDKK -120kDKK 84k
EquityDKK 52kDKK 98kDKK 218k
Total assetsDKK 591kDKK 287kDKK 1.2m
CashDKK 225kDKK 14k–
Short-term debtDKK 539kDKK 189k–
Tax owed–DKK 0–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
2 Apr 2025 – 1 Apr 2026184 Late
2 Apr 2024 – 1 Apr 2025188 Late
2 Apr 2023 – 1 Apr 2024196 Late
2 Apr 2022 – 1 Apr 2023188 Late
2 Apr 2021 – 1 Apr 2022199 Late
8 Nov 2019 – 1 Apr 2021182

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 Kilsgaard SørensenCurrent
Owner (100%)Mads Murer Holding ApSCurrent
FounderMads Murer Holding ApSCurrent

The CEOs' other companies

Mads Kilsgaard Sørensen – 6 other companies, of which 2 bankrupt

Address history (1 moves)

Bredhøj 1, 3. th, 8600 Silkeborg
Sønderdalvej 14, 8831 Løgstrup

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about Kilsgaard ApS

Has Kilsgaard ApS gone bankrupt?

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

What is the bankruptcy risk of Kilsgaard ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Kilsgaard ApS?

Mads Kilsgaard Sørensen is the CEO of Kilsgaard ApS.

Who is the auditor of Kilsgaard ApS?

Kilsgaard ApS most recently used Beierholm.

When was Kilsgaard ApS founded?

Kilsgaard ApS was founded on 8 November 2019.

What is the equity of Kilsgaard ApS?

Equity was DKK 52k according to the annual report for the period ending 1 April 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.