KH Business ApS

CVR 40975136 · Private limited company (ApS) · Active · Low risk

KH Business ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry detailhandel med reservedele og tilbehør til motorkøretøjer. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 6 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 234k and a net result of DKK -44k. CEO: Kennet Enevold Hvingelby.

Bankruptcy risk for KH Business ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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×

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
40975136
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Teglvænget 143B
7400 Herning
Municipality
Herning
Industry
Detailhandel med reservedele og tilbehør til motorkøretøjer (478200)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityNo
Equity ratio17.1%
Current ratio0%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 309kDKK 556kDKK 228k
Net profitDKK -44kDKK 147kDKK 3,919
EquityDKK 234kDKK 278kDKK 131k
Total assetsDKK 1.4mDKK 1.5mDKK 1.1m
CashDKK 0DKK 8,317–
Short-term debtDKK 1.1mDKK 1.1m–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025146
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021154
28 Nov 2019 – 31 Dec 2020162

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
CEOKennet Enevold HvingelbyCurrent
Owner (100%)Kennet Enevold HvingelbyCurrent
FounderKennet Enevold HvingelbyCurrent

Address history (0 moves)

Teglvænget 143B, 7400 Herning

Other companies at the same address

Similar companies in Herning

Questions and answers about KH Business ApS

Has KH Business ApS gone bankrupt?

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

What is the bankruptcy risk of KH Business ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of KH Business ApS?

Kennet Enevold Hvingelby is the CEO of KH Business ApS.

Who is the auditor of KH Business ApS?

KH Business ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was KH Business ApS founded?

KH Business ApS was founded on 28 November 2019.

What is the equity of KH Business ApS?

Equity was DKK 234k 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.