KHORN Bakery Copenhagen ApS

CVR 42399248 · Private limited company (ApS) · Active · Very high risk

KHORN Bakery Copenhagen ApS is a Private limited company (ApS), founded on , based in København N. The company is registered in the industry fremstilling af friske bageriprodukter. Our model estimates a bankruptcy risk of 18.5% over the next 12 months, which is 13.2 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 116k and a net result of DKK 29k. CEO: Kenneth Lykke Munch.

Bankruptcy risk for KHORN Bakery Copenhagen ApS

18.5%
probability of bankruptcy within 12 months
Very high risk

13.2 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
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
42399248
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Nørrebrogade 224
2200 København N
Municipality
København
Industry
Fremstilling af friske bageriprodukter (107120)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityNo
Equity ratio24.9%
Current ratio166%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 242kDKK 327kDKK 226k
Net profitDKK 29kDKK 18kDKK 67k
EquityDKK 116kDKK 88kDKK 70k
Total assetsDKK 468kDKK 391kDKK 435k
CashDKK 37kDKK 30k–
Short-term debtDKK 115kDKK 86k–
Tax owedDKK 12kDKK 0–
Avg. employees1––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025219 Late
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022180
12 May 2021 – 31 Dec 2021150

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
CEOKenneth Lykke MunchCurrent
Owner (100%)Camilla Hjørdis MunchCurrent
FounderCamilla Hjørdis MunchCurrent

The CEOs' other companies

Kenneth Lykke Munch – 1 other companies, of which 1 bankrupt

Address history (1 moves)

Nørrebrogade 224, 2200 København N
Nørrebrogade 224, 2200 København N

Former names

KHORN Bakery Copenhagen ApS – now
CpH Bakery ApS –
BroensBager ApS –

Other companies at the same address

Similar companies in København

Questions and answers about KHORN Bakery Copenhagen ApS

Has KHORN Bakery Copenhagen ApS gone bankrupt?

No, KHORN Bakery Copenhagen ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of KHORN Bakery Copenhagen ApS?

Our model estimates a bankruptcy risk of 18.5% over the next 12 months (very high risk), which is 13.2 times the average for Danish companies.

Who is the CEO of KHORN Bakery Copenhagen ApS?

Kenneth Lykke Munch is the CEO of KHORN Bakery Copenhagen ApS.

When was KHORN Bakery Copenhagen ApS founded?

KHORN Bakery Copenhagen ApS was founded on 12 May 2021.

What is the equity of KHORN Bakery Copenhagen ApS?

Equity was DKK 116k 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.