Global Retail Group Illum ApS

CVR 42126012 · Private limited company (ApS) · Active · Medium risk

Global Retail Group Illum ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -24k and a net result of DKK -161k. CEO: Morten Christensen.

Bankruptcy risk for Global Retail Group Illum ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
42126012
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Morten Christensen, Østerbrogade 106, 2. tv
2100 København Ø
Municipality
København
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 500k
Auditor
BUUS JENSEN I/S STATSAUTORISEREDE REVISORER
Audit opted out
No

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-1.3%
Current ratio99%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address19
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 561kDKK 811k
Net profitDKK -161kDKK -120k
EquityDKK -24kDKK 137k
Total assetsDKK 1.8mDKK 1.6m
CashDKK 19k–
Short-term debtDKK 1.9m–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · BUUS JENSEN, Statsautoriserede revisorer.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025148
1 Jan 2024 – 31 Dec 2024112
1 Jan 2023 – 31 Dec 2023117
1 Jan 2022 – 31 Dec 202248
12 Feb 2021 – 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
CEOMorten ChristensenCurrent
BoardTina Lundtoft Larsen
BoardMorten Christensen
BoardAnders Lykkegaard
Owner (100%)MENOLAC HOLDING ApSCurrent
Owner (90%)MENOLAC HOLDING ApS
Owner (10%)ANDERS LYKKEGAARD HOLDING ApS
AuditorBUUS JENSEN I/S STATSAUTORISEREDE REVISORERCurrent
FounderMENOLAC HOLDING ApSCurrent

The CEOs' other companies

Morten Christensen – 5 other companies, of which 1 bankrupt

Address history (1 moves)

c/o Morten Christensen, Østerbrogade 106, 2. tv, 2100 København Ø
c/o Morten Christensen, Strandboulevarden 29, 2., 2100 København Ø

Former names

Global Retail Group Illum ApS – now
Global Retail Group Illum A/S –

Other companies at the same address

Similar companies in København

Questions and answers about Global Retail Group Illum ApS

Has Global Retail Group Illum ApS gone bankrupt?

No, Global Retail Group Illum ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Global Retail Group Illum ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Global Retail Group Illum ApS?

Morten Christensen is the CEO of Global Retail Group Illum ApS.

Who is the auditor of Global Retail Group Illum ApS?

Global Retail Group Illum ApS most recently used BUUS JENSEN I/S STATSAUTORISEREDE REVISORER.

When was Global Retail Group Illum ApS founded?

Global Retail Group Illum ApS was founded on 12 February 2021.

What is the equity of Global Retail Group Illum ApS?

Equity was DKK -24k 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.