Fino VVS ApS

CVR 41162848 · Private limited company (ApS) · Active · Low risk

Fino VVS ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 6 annual reports have been published. The latest annual report (30 Jun 2026) shows equity of DKK 339k and a net result of DKK -5,952.

Bankruptcy risk for Fino VVS ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
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×
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
41162848
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Arnold Nielsens Boulevard 72
2650 Hvidovre
Municipality
Hvidovre
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
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 ratio56.5%
Current ratio230%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address25
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 507kDKK 525kDKK 468k
Net profitDKK -5,952DKK 33kDKK -8,483
EquityDKK 339kDKK 344kDKK 310k
Total assetsDKK 601kDKK 634kDKK 616k
CashDKK 339kDKK 345k–
Short-term debtDKK 262kDKK 289k–
Tax owedDKK 1,434––
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202685
1 Jul 2024 – 30 Jun 202584
1 Jul 2023 – 30 Jun 202485
1 Jul 2022 – 30 Jun 202320
1 Jul 2021 – 30 Jun 202291
13 Feb 2020 – 30 Jun 2021138

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
Owner (100%)NORFI Holding ApSCurrent
Owner (100%)Michael Olsen
FounderMichael OlsenCurrent

Address history (4 moves)

Arnold Nielsens Boulevard 72, 2650 Hvidovre
Snedkerhaven 11, 2. th, 2650 Hvidovre
Næsborgvej 66, 1. th, 2650 Hvidovre
Paradisæblevej 58, 1. tv, 2500 Valby
Sydkærsvej 97, 2650 Hvidovre

Former names

Fino VVS ApS – now
11.02.2020 ApS –

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about Fino VVS ApS

Has Fino VVS ApS gone bankrupt?

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

What is the bankruptcy risk of Fino VVS ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

When was Fino VVS ApS founded?

Fino VVS ApS was founded on 13 February 2020.

What is the equity of Fino VVS ApS?

Equity was DKK 339k according to the annual report for the period ending 30 June 2026.

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