X&D ApS

CVR 41114010 · Private limited company (ApS) · Active · Medium risk

X&D ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry detailhandel med kioskvarer. 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, 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 20k and a net result of DKK 0. CEO: Xiaoqing Xian Jørgensen.

Bankruptcy risk for X&D 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
41114010
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Borgmestervej 67
8700 Horsens
Municipality
Horsens
Industry
Detailhandel med kioskvarer (471110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityNo
Equity ratio50.0%
Current ratio200%
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 0DKK 0
Net profitDKK 0DKK 0
EquityDKK 20kDKK 20k
Total assetsDKK 40kDKK 40k
Short-term debtDKK 20k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021177
23 Jan 2020 – 31 Dec 2020234 Late

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
CEOXiaoqing Xian JørgensenCurrent
Owner (100%)Xiaoqing Xian JørgensenCurrent
FounderXiaoqing Xian JørgensenCurrent

Address history (0 moves)

Borgmestervej 67, 8700 Horsens

Former names

X&D ApS – now
Baby og mig ApS –

Other companies at the same address

Similar companies in Horsens

Questions and answers about X&D ApS

Has X&D ApS gone bankrupt?

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

What is the bankruptcy risk of X&D 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 X&D ApS?

Xiaoqing Xian Jørgensen is the CEO of X&D ApS.

When was X&D ApS founded?

X&D ApS was founded on 23 January 2020.

What is the equity of X&D ApS?

Equity was DKK 20k 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.