Illum Management ApS

CVR 41318619 · Private limited company (ApS) · Active · Medium risk

Illum Management ApS is a Private limited company (ApS), founded on , based in Borup. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 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 253k and a net result of DKK -1.2m.

Bankruptcy risk for Illum Management ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
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×
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×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
41318619
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Valmuemarken 4
4140 Borup
Municipality
Køge
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 87k
Auditor
SleboLundstrøm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityNo
Equity ratio24.3%
Current ratio132%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -83kDKK -18kDKK 642k
Net profitDKK -1.2mDKK -556kDKK 298k
EquityDKK 253kDKK 1.5mDKK 2.0m
Total assetsDKK 1.0mDKK 9.1mDKK 8.5m
CashDKK 23kDKK 4,511–
Short-term debtDKK 787kDKK 3.1m–
Tax owed–DKK 0–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025133
1 Jul 2023 – 30 Jun 2024175
1 Jul 2022 – 30 Jun 2023166
1 Jul 2021 – 30 Jun 2022186 Late
24 Apr 2020 – 30 Jun 2021152

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 Illum Hansen
CEOKaj Jørgensen
CEORikke Christel Kornval
BoardKaj Jørgensen
BoardMads Illum Hansen
Owner (100%)Illum Holding ApSCurrent
Owner (100%)Illum Holding ApS
Owner (100%)Prik Holding ApS
FounderIllum Holding ApSCurrent

The CEOs' other companies

Mads Illum Hansen – 9 other companies, of which 2 bankrupt

Kaj Jørgensen – 21 other companies, of which 6 bankrupt

Address history (2 moves)

Valmuemarken 4, 4140 Borup
Birkemosevej 125, 6000 Kolding
Valmuemarken 4, 4140 Borup

Former names

Illum Management ApS – now
Illum Ejendomme ApS –
Illum Management ApS –
Prik Ejendomme ApS –
Illum Management ApS –
Illum Drift ApS –

Other companies at the same address

Similar companies in Køge

Questions and answers about Illum Management ApS

Has Illum Management ApS gone bankrupt?

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

What is the bankruptcy risk of Illum Management ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the auditor of Illum Management ApS?

Illum Management ApS most recently used SleboLundstrøm.

When was Illum Management ApS founded?

Illum Management ApS was founded on 24 April 2020.

What is the equity of Illum Management ApS?

Equity was DKK 253k 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.