JV Knitwear ApS

CVR 42121967 · Private limited company (ApS) · Active · Medium risk

JV Knitwear ApS is a Private limited company (ApS), founded on , based in Ikast. The company is registered in the industry fremstilling af strikkede og hæklede beklædningsartikler. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 76k and a net result of DKK -638k. CEO: Sonny Brian Østergaard.

Bankruptcy risk for JV Knitwear ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
CEO changes1 · bankruptcy rate 11.4%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
42121967
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Vester Isen Vej 2
7430 Ikast
Municipality
Ikast-Brande
Industry
Fremstilling af strikkede og hæklede beklædningsartikler (141000)
Bankruptcies in the industry: Fremstilling af anden yderbeklædning
Share capital
DKK 40k
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityNo
Equity ratio7.1%
Current ratio108%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 678kDKK 565kDKK 615k
Net profitDKK -638kDKK -1.2mDKK -1.8m
EquityDKK 76kDKK -4.7mDKK -3.5m
Total assetsDKK 1.1mDKK 1.2mDKK 962k
Short-term debtDKK 1.0mDKK 5.9m–
Avg. employees44–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023184 Late
1 Jan 2022 – 31 Dec 2022181
12 Feb 2021 – 31 Dec 2021187 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
CEOSonny Brian ØstergaardCurrent
CEOJesper Hvisthule
Owner (100%)S. Ø. HOLDING IKAST ApSCurrent
Owner (20%)Jesper Hvisthule
Owner (67%)S. Ø. HOLDING IKAST ApS
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
FounderJesper HvisthuleCurrent
FounderS. Ø. HOLDING IKAST ApSCurrent

The CEOs' other companies

Sonny Brian Østergaard – 13 other companies, of which 1 bankrupt

Address history (1 moves)

Vester Isen Vej 2, 7430 Ikast
Navervej 10, 7451 Sunds

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about JV Knitwear ApS

Has JV Knitwear ApS gone bankrupt?

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

What is the bankruptcy risk of JV Knitwear ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of JV Knitwear ApS?

Sonny Brian Østergaard is the CEO of JV Knitwear ApS.

Who is the auditor of JV Knitwear ApS?

JV Knitwear ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was JV Knitwear ApS founded?

JV Knitwear ApS was founded on 12 February 2021.

What is the equity of JV Knitwear ApS?

Equity was DKK 76k 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.