KB Grindsted ApS

CVR 41366575 · Private limited company (ApS) · Active · Low risk

KB Grindsted ApS is a Private limited company (ApS), founded on , based in Lystrup. The company is registered in the industry efterbehandling af tekstiler. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 6 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 1.6m and a net result of DKK 54k. CEO: Kurt Gade Kristensen.

Bankruptcy risk for KB Grindsted ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
41366575
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Kurt Gade Kristensen, Elmehaven 1B
8520 Lystrup
Municipality
Aarhus
Industry
Efterbehandling af tekstiler (133000)
Bankruptcies in the industry: Fremstilling af boligtekstiler
Share capital
DKK 100k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio45.8%
Current ratio185%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -263kDKK 22k
Net profitDKK 54kDKK 217k
EquityDKK 1.6mDKK 1.5m
Total assetsDKK 3.4mDKK 3.3m
CashDKK 1.5m–
Short-term debtDKK 1.8m–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025180
1 Oct 2023 – 30 Sep 2024114
1 Oct 2022 – 30 Sep 2023107
1 Oct 2021 – 30 Sep 2022165
1 Oct 2020 – 30 Sep 2021166
30 Sep 2019 – 30 Sep 2020149

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
CEOKurt Gade KristensenCurrent
Owner (100%)Kurt Gade KristensenCurrent

The CEOs' other companies

Kurt Gade Kristensen – 4 other companies

Address history (1 moves)

c/o Kurt Gade Kristensen, Elmehaven 1B, 8520 Lystrup
c/o Kurt Gade Kristensen, Elmehaven 1B, 8520 Lystrup

Other companies at the same address

Similar companies in Aarhus

Questions and answers about KB Grindsted ApS

Has KB Grindsted ApS gone bankrupt?

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

What is the bankruptcy risk of KB Grindsted ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of KB Grindsted ApS?

Kurt Gade Kristensen is the CEO of KB Grindsted ApS.

When was KB Grindsted ApS founded?

KB Grindsted ApS was founded on 2 March 2020.

What is the equity of KB Grindsted ApS?

Equity was DKK 1.6m according to the annual report for the period ending 30 September 2025.

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