First Finance ApS

CVR 41853751 · Private limited company (ApS) · Active · Low risk

First Finance ApS is a Private limited company (ApS), founded on , based in Christiansfeld. The company is registered in the industry bogføring og revision; skatterådgivning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 247k and a net result of DKK 161k.

Bankruptcy risk for First Finance ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Website registeredYes · bankruptcy rate 12.0%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 at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
41853751
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Lindegade 37
6070 Christiansfeld
Municipality
Kolding
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 late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio25.7%
Current ratio131%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.8mDKK 2.6mDKK 2.3m
Net profitDKK 161kDKK 131kDKK 3,258
EquityDKK 247kDKK 185kDKK 54k
Total assetsDKK 961kDKK 784kDKK 565k
CashDKK 467kDKK 348k–
Short-term debtDKK 714kDKK 599k–
Tax owedDKK 53kDKK 41k–
Avg. employees56–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202510
1 Jan 2024 – 31 Dec 202411
1 Jan 2023 – 31 Dec 202355
1 Jan 2022 – 31 Dec 2022124
11 Nov 2020 – 31 Dec 202191

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
Owner (100%)Sandy Fredtoft Holding ApSCurrent
FounderSandy Due Fredtoft PetersenCurrent

Address history (2 moves)

Lindegade 37, 6070 Christiansfeld
Sønderkobbel 41, 6070 Christiansfeld
c/o Kongstedvej 14, Kongstedvej 14, 6500 Vojens

Former names

First Finance ApS – now
Bogholderi Syd ApS –

Other companies at the same address

Similar companies in Kolding

Questions and answers about First Finance ApS

Has First Finance ApS gone bankrupt?

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

What is the bankruptcy risk of First Finance ApS?

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

When was First Finance ApS founded?

First Finance ApS was founded on 11 November 2020.

What is the equity of First Finance ApS?

Equity was DKK 247k 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.