Byens Glas og Glarmester ApS

CVR 41469587 · Private limited company (ApS) · Active · Low risk

Byens Glas og Glarmester ApS is a Private limited company (ApS), founded on , based in Randers NV. The company is registered in the industry glarmesteraktiviteter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.2m and a net result of DKK 336k. CEO: Michael Gammelgaard Nielsen.

Bankruptcy risk for Byens Glas og Glarmester ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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×

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
41469587
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Michael Gammelgaard Nielsen, Hødersvej 18
8920 Randers NV
Municipality
Randers
Industry
Glarmesteraktiviteter (433420)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio55.5%
Current ratio187%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.0mDKK 3.0m
Net profitDKK 336kDKK 358k
EquityDKK 1.2mDKK 981k
Total assetsDKK 2.1mDKK 2.1m
CashDKK 686k–
Short-term debtDKK 923k–
Tax owedDKK 84k–
Avg. employees4–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202549
1 Jan 2024 – 31 Dec 2024127
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022105
1 Jan 2021 – 31 Dec 2021132
1 Jan 2020 – 31 Dec 2020153

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
CEOMichael Gammelgaard NielsenCurrent
Owner (100%)Michael Gammelgaard NielsenCurrent
FounderMichael Gammelgaard NielsenCurrent

Address history (2 moves)

c/o Michael Gammelgaard Nielsen, Hødersvej 18, 8920 Randers NV
c/o Michael Gammelgaard Nielsen, Hødersvej 18, 8920 Randers NV
Gl. Hobrovej 34, 8920 Randers NV

Similar companies in Randers

Questions and answers about Byens Glas og Glarmester ApS

Has Byens Glas og Glarmester ApS gone bankrupt?

No, Byens Glas og Glarmester ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Byens Glas og Glarmester ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Byens Glas og Glarmester ApS?

Michael Gammelgaard Nielsen is the CEO of Byens Glas og Glarmester ApS.

Who is the auditor of Byens Glas og Glarmester ApS?

Byens Glas og Glarmester ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Byens Glas og Glarmester ApS founded?

Byens Glas og Glarmester ApS was founded on 29 June 2020.

What is the equity of Byens Glas og Glarmester ApS?

Equity was DKK 1.2m 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.