Østergade 40, Skjern ApS

CVR 42091944 · Private limited company (ApS) · Active · Low risk

Østergade 40, Skjern ApS is a Private limited company (ApS), founded on , based in Skjern. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 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 443k and a net result of DKK 30k. CEO: Kim Rune Brarup.

Bankruptcy risk for Østergade 40, Skjern 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
42091944
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Østergade 40
6900 Skjern
Municipality
Ringkøbing-Skjern
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityNo
Equity ratio8.6%
Current ratio23%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 690kDKK 681k
Net profitDKK 30kDKK 15k
EquityDKK 443kDKK 413k
Total assetsDKK 5.2mDKK 5.0m
CashDKK 909k–
Short-term debtDKK 4.5m–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202522
1 Jan 2024 – 31 Dec 202449
1 Jan 2023 – 31 Dec 2023170
1 Jan 2022 – 31 Dec 2022143
4 Feb 2021 – 31 Dec 2021192 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
CEOKim Rune BrarupCurrent
CEOPalle Korsholm Villadsen
Owner (50%)BRARUP A/SCurrent
Owner (50%)Hall Holding Skjern ApSCurrent
Owner (100%)VILLADSEN HOLDING ApS
FounderVILLADSEN HOLDING ApSCurrent

The CEOs' other companies

Kim Rune Brarup – 18 other companies, of which 4 bankrupt

Palle Korsholm Villadsen – 14 other companies, of which 1 bankrupt

Address history (1 moves)

Østergade 40, 6900 Skjern
Rosenholmvej 108, 7400 Herning

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about Østergade 40, Skjern ApS

Has Østergade 40, Skjern ApS gone bankrupt?

No, Østergade 40, Skjern ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Østergade 40, Skjern 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 Østergade 40, Skjern ApS?

Kim Rune Brarup is the CEO of Østergade 40, Skjern ApS.

When was Østergade 40, Skjern ApS founded?

Østergade 40, Skjern ApS was founded on 4 February 2021.

What is the equity of Østergade 40, Skjern ApS?

Equity was DKK 443k 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.