CD Frandsen Holding ApS

CVR 41615273 · Private limited company (ApS) · Active · Medium risk

CD Frandsen Holding ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 5 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -5,435 and a net result of DKK -9,180. CEO: Carsten Damgaard Frandsen.

Bankruptcy risk for CD Frandsen Holding ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Annual reports filed late3+ · bankruptcy rate 7.0%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
41615273
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Haakonsgade 4
7400 Herning
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-7.4%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -7,312DKK -6,813
Net profitDKK -9,180DKK -7,372
EquityDKK -5,435DKK 3,745
Total assetsDKK 74kDKK 74k
Short-term debtDKK 79k–
Avg. employees0–

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 Oct 2024 – 30 Sep 2025179
1 Oct 2023 – 30 Sep 2024197 Late
1 Oct 2022 – 30 Sep 2023200 Late
1 Oct 2021 – 30 Sep 2022185 Late
24 Aug 2020 – 30 Sep 2021167

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
CEOCarsten Damgaard FrandsenCurrent
Owner (90%)Carsten Damgaard FrandsenCurrent
Owner (0%)JIMMI FRANDSEN TRANSPORT ApSCurrent
FounderCarsten Damgaard FrandsenCurrent
FounderJIMMI FRANDSEN TRANSPORT ApSCurrent

The CEOs' other companies

Carsten Damgaard Frandsen – 2 other companies, of which 1 bankrupt

Address history (1 moves)

Haakonsgade 4, 7400 Herning
Silkeborgvej 26, 7400 Herning

Other companies at the same address

Similar companies in Herning

Questions and answers about CD Frandsen Holding ApS

Has CD Frandsen Holding ApS gone bankrupt?

No, CD Frandsen Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of CD Frandsen Holding ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of CD Frandsen Holding ApS?

Carsten Damgaard Frandsen is the CEO of CD Frandsen Holding ApS.

Who is the auditor of CD Frandsen Holding ApS?

CD Frandsen Holding ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was CD Frandsen Holding ApS founded?

CD Frandsen Holding ApS was founded on 24 August 2020.

What is the equity of CD Frandsen Holding ApS?

Equity was DKK -5,435 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.