Michael Olesen, 904 Horsens ApS

CVR 41563508 · Private limited company (ApS) · Active · Low risk

Michael Olesen, 904 Horsens ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry detailhandel med dagligvarer i discountsupermarkeder. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 331k and a net result of DKK -4,846. CEO: Michael Kjerkegaard Olesen.

Bankruptcy risk for Michael Olesen, 904 Horsens ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
41563508
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o REMA 1000 Krudthusvej, Horsens, Krudthusvej 2
8700 Horsens
Municipality
Horsens
Industry
Detailhandel med dagligvarer i discountsupermarkeder (471130)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 300k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio6.9%
Current ratio97%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.8mDKK 2.7m
Net profitDKK -4,846DKK 11k
EquityDKK 331kDKK 471k
Total assetsDKK 4.8mDKK 4.1m
CashDKK 1.2m–
Short-term debtDKK 4.4m–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · PricewaterhouseCoopers.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025113
1 Jan 2024 – 31 Dec 2024121
1 Jan 2023 – 31 Dec 2023110
1 Jan 2022 – 31 Dec 2022102
3 Aug 2020 – 31 Dec 2021118

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 Kjerkegaard OlesenCurrent
CEOTorben Lennart Sørensen
Owner (100%)Michael Kjerkegaard OlesenCurrent
Owner (100%)REMA DANMARK BUTIK ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderREMA DANMARK BUTIK ApSCurrent

The CEOs' other companies

Torben Lennart Sørensen – 59 other companies, of which 2 bankrupt

Address history (2 moves)

c/o REMA 1000 Krudthusvej, Horsens, Krudthusvej 2, 8700 Horsens
c/o REMA 1000 Billund, Vejlevej 6, 7190 Billund
c/o REMA 1000 Horsens, Marsalle 32, 8700 Horsens

Former names

Michael Olesen, 904 Horsens ApS – now
Michael Olesen, 949 Billund ApS –
REMA 2 ApS –

Similar companies in Horsens

Questions and answers about Michael Olesen, 904 Horsens ApS

Has Michael Olesen, 904 Horsens ApS gone bankrupt?

No, Michael Olesen, 904 Horsens ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Michael Olesen, 904 Horsens ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Michael Olesen, 904 Horsens ApS?

Michael Kjerkegaard Olesen is the CEO of Michael Olesen, 904 Horsens ApS.

Who is the auditor of Michael Olesen, 904 Horsens ApS?

Michael Olesen, 904 Horsens ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Michael Olesen, 904 Horsens ApS founded?

Michael Olesen, 904 Horsens ApS was founded on 3 August 2020.

What is the equity of Michael Olesen, 904 Horsens ApS?

Equity was DKK 331k 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.