Shaka Life ApS

CVR 42056553 · Private limited company (ApS) · Active · Medium risk

Shaka Life ApS is a Private limited company (ApS), founded on , based in Ry. The company is registered in the industry detailhandel med sports- og fritidsudstyr. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 5 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -28k and a net result of DKK -48k. CEO: Jan Michael Klitgaard Larsen.

Bankruptcy risk for Shaka Life ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%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
42056553
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Jan Klitgaard, Vessø Have 12
8680 Ry
Municipality
Skanderborg
Industry
Detailhandel med sports- og fritidsudstyr (476310)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-55.7%
Current ratio64%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -40kDKK 36kDKK 44k
Net profitDKK -48kDKK 12kDKK 16k
EquityDKK -28kDKK 21kDKK 9,187
Total assetsDKK 49kDKK 59kDKK 34k
CashDKK 33kDKK 41k–
Short-term debtDKK 77kDKK 39k–
Tax owedDKK 3,256DKK 3,256–
Avg. employees–1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025188 Late
1 Jan 2024 – 31 Dec 2024161
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 202283
25 Jan 2021 – 31 Dec 2021119

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
CEOJan Michael Klitgaard LarsenCurrent
Owner (100%)Jan Klitgaard Holding ApSCurrent
FounderJan Klitgaard Holding ApSCurrent

The CEOs' other companies

Jan Michael Klitgaard Larsen – 1 other companies

Address history (1 moves)

c/o Jan Klitgaard, Vessø Have 12, 8680 Ry
Lundhøjvej 17A, 8680 Ry

Former names

Shaka Life ApS – now
East Coast Surfers Ry ApS –

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about Shaka Life ApS

Has Shaka Life ApS gone bankrupt?

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

What is the bankruptcy risk of Shaka Life ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of Shaka Life ApS?

Jan Michael Klitgaard Larsen is the CEO of Shaka Life ApS.

When was Shaka Life ApS founded?

Shaka Life ApS was founded on 25 January 2021.

What is the equity of Shaka Life ApS?

Equity was DKK -28k 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.