JOAL Holding ApS

CVR 41634871 · Private limited company (ApS) · Active · Low risk

JOAL Holding ApS is a Private limited company (ApS), founded on , based in Nyborg. The company is registered in the industry ikke-finansielle holdingselskaber. 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 6.4m and a net result of DKK 3.6m. CEO: Frank Helleskov Hjorthaab.

Bankruptcy risk for JOAL Holding 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

Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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
41634871
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Hvedevej 1
5800 Nyborg
Municipality
Nyborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio98.9%
Current ratio8,822%
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 -28kDKK -13k
Net profitDKK 3.6mDKK 1.6m
EquityDKK 6.4mDKK 3.2m
Total assetsDKK 6.4mDKK 3.3m
CashDKK 2.1m–
Short-term debtDKK 68k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025126
1 Jan 2024 – 31 Dec 2024115
1 Jan 2023 – 31 Dec 202399
1 Jan 2022 – 31 Dec 202260
1 Jan 2021 – 31 Dec 2021138
31 Aug 2020 – 31 Dec 2020161

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
CEOFrank Helleskov HjorthaabCurrent
Owner (100%)Frank Helleskov HjorthaabCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderFrank Helleskov HjorthaabCurrent

The CEOs' other companies

Frank Helleskov Hjorthaab – 3 other companies

Address history (1 moves)

Hvedevej 1, 5800 Nyborg
Bækvej 8, 5871 Frørup

Former names

JOAL Holding ApS – now
Frank Hjorthaab Holding ApS –

Similar companies in Nyborg

Questions and answers about JOAL Holding ApS

Has JOAL Holding ApS gone bankrupt?

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

What is the bankruptcy risk of JOAL Holding 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 JOAL Holding ApS?

Frank Helleskov Hjorthaab is the CEO of JOAL Holding ApS.

Who is the auditor of JOAL Holding ApS?

JOAL Holding ApS most recently used EY Godkendt Revisionspartnerselskab.

When was JOAL Holding ApS founded?

JOAL Holding ApS was founded on 31 August 2020.

What is the equity of JOAL Holding ApS?

Equity was DKK 6.4m 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.