11112020 ApS

CVR 41838655 · Private limited company (ApS) · Active · Low risk

11112020 ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry bogføring og revision; skatterådgivning. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 5 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 46k and a net result of DKK 3,696. CEO: Erik Lykkegaard Christiansen.

Bankruptcy risk for 11112020 ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
41838655
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Ølgodvej 91
6800 Varde
Municipality
Varde
Industry
Bogføring og revision; skatterådgivning (692000)
Bankruptcies in the industry: Bogføring og revision: skatterådgivning
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityNo
Equity ratio65.2%
Current ratio330%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 310kDKK 294kDKK 201k
Net profitDKK 3,696DKK 1,572DKK 649
EquityDKK 46kDKK 42kDKK 41k
Total assetsDKK 71kDKK 61kDKK 70k
CashDKK 6,662DKK 7,776–
Short-term debtDKK 21kDKK 16k–
Tax owedDKK 1,267DKK 669–
Avg. employees1––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024190 Late
1 Jan 2023 – 31 Dec 2023183 Restated
1 Jan 2022 – 31 Dec 2022181
11 Nov 2020 – 31 Dec 2021222 Late

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
CEOErik Lykkegaard ChristiansenCurrent
Owner (100%)Erik Lykkegaard ChristiansenCurrent
FounderErik Lykkegaard ChristiansenCurrent

The CEOs' other companies

Erik Lykkegaard Christiansen – 4 other companies, of which 1 bankrupt

Address history (0 moves)

Ølgodvej 91, 6800 Varde

Other companies at the same address

Similar companies in Varde

Questions and answers about 11112020 ApS

Has 11112020 ApS gone bankrupt?

No, 11112020 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of 11112020 ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of 11112020 ApS?

Erik Lykkegaard Christiansen is the CEO of 11112020 ApS.

When was 11112020 ApS founded?

11112020 ApS was founded on 11 November 2020.

What is the equity of 11112020 ApS?

Equity was DKK 46k 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.