Danish Paper Company ApS

CVR 41265760 · Private limited company (ApS) · Active · Medium risk

Danish Paper Company ApS is a Private limited company (ApS), founded on , based in Aalborg SV. The company is registered in the industry fremstilling af andre papir- og papvarer. Our model estimates a bankruptcy risk of 1.8% over the next 12 months, which is 1.3 times the average for Danish companies. 5 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -1,953 and a net result of DKK -42k. CEO: Erik Svanstrøm.

Bankruptcy risk for Danish Paper Company ApS

1.8%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 81% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

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×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
41265760
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Erik Svanstrøm, Lannerparken 38
9200 Aalborg SV
Municipality
Aalborg
Industry
Fremstilling af andre papir- og papvarer (172500)
Bankruptcies in the industry: Fremstilling af bølgepap og pap og emballage af papir og pap
Share capital
DKK 500k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-14.0%
Current ratio88%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -17kDKK -51k
Net profitDKK -42kDKK -76k
EquityDKK -1,953DKK 40k
Total assetsDKK 14kDKK 54k
CashDKK 0–
Short-term debtDKK 16k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025179
1 Jul 2023 – 30 Jun 2024179
1 Jul 2022 – 30 Jun 2023182
1 Jul 2021 – 30 Jun 2022200 Late
24 Mar 2020 – 30 Jun 2021166

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
CEOErik SvanstrømCurrent
Owner (100%)Erik SvanstrømCurrent
Owner (33%)Asbjørn Børgaard
Owner (50%)ESV-Holding IVS
Owner (50%)Erik Svanstrøm
FounderAsbjørn BørgaardCurrent
FounderESV-Holding IVSCurrent

The CEOs' other companies

Erik Svanstrøm – 8 other companies, of which 3 bankrupt

Address history (0 moves)

c/o Erik Svanstrøm, Lannerparken 38, 9200 Aalborg SV

Other companies at the same address

Questions and answers about Danish Paper Company ApS

Has Danish Paper Company ApS gone bankrupt?

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

What is the bankruptcy risk of Danish Paper Company ApS?

Our model estimates a bankruptcy risk of 1.8% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of Danish Paper Company ApS?

Erik Svanstrøm is the CEO of Danish Paper Company ApS.

When was Danish Paper Company ApS founded?

Danish Paper Company ApS was founded on 24 March 2020.

What is the equity of Danish Paper Company ApS?

Equity was DKK -1,953 according to the annual report for the period ending 30 June 2025.

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