Glerup Development ApS

CVR 42281093 · Private limited company (ApS) · Active · Low risk

Glerup Development ApS is a Private limited company (ApS), founded on , based in Bording. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 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 54k and a net result of DKK -19k. CEO: Joachim Glerup Verwold.

Bankruptcy risk for Glerup Development ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% 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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
42281093
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Roskildevej 19
7441 Bording
Municipality
Ikast-Brande
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Auditor
Redmark, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityNo
Equity ratio72.9%
Current ratio369%
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 -27kDKK -41kDKK -126k
Net profitDKK -19kDKK -36kDKK -536k
EquityDKK 54kDKK 73kDKK 109k
Total assetsDKK 74kDKK 97kDKK 830k
CashDKK 4,326DKK 0–
Short-term debtDKK 20kDKK 23k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024139
1 Jan 2023 – 31 Dec 2023184 Late
1 Jan 2022 – 31 Dec 2022184 Late
7 Apr 2021 – 31 Dec 202195

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
CEOJoachim Glerup VerwoldCurrent
Owner (100%)JGP Invest apsCurrent
FounderJGP Invest apsCurrent

The CEOs' other companies

Joachim Glerup Verwold – 2 other companies

Address history (0 moves)

Roskildevej 19, 7441 Bording

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about Glerup Development ApS

Has Glerup Development ApS gone bankrupt?

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

What is the bankruptcy risk of Glerup Development ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of Glerup Development ApS?

Joachim Glerup Verwold is the CEO of Glerup Development ApS.

Who is the auditor of Glerup Development ApS?

Glerup Development ApS most recently used Redmark, Godkendt Revisionspartnerselskab.

When was Glerup Development ApS founded?

Glerup Development ApS was founded on 7 April 2021.

What is the equity of Glerup Development ApS?

Equity was DKK 54k 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.