Brændgaard Group V ApS

CVR 42424250 · Private limited company (ApS) · Active · Low risk

Brændgaard Group V ApS is a Private limited company (ApS), founded on , based in Ringkøbing. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 36k and a net result of DKK -6,983. CEO: Morten Brændgaard.

Bankruptcy risk for Brændgaard Group V ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
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
42424250
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Vesttarpvej 14
6950 Ringkøbing
Municipality
Ringkøbing-Skjern
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 70k
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityNo
Equity ratio1.0%
Current ratio1,187%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 0DKK 0
Gross profitDKK -5,625DKK -5,000
Net profitDKK -6,983DKK -7,518
EquityDKK 36kDKK 43k
Total assetsDKK 3.5mDKK 3.4m
CashDKK 45k–
Short-term debtDKK 4,000–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022189 Late
28 May 2021 – 31 Dec 2021179

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 BrændgaardCurrent
Owner (0%)Brændgaard Group ApSCurrent
Owner (90%)Victor BrændgaardCurrent
Owner (90%)Morten Brændgaard
Owner (90%)Morten Brændgaard
Owner (90%)Victor Brændgaard
FounderMorten BrændgaardCurrent
FounderBrændgaard Group ApSCurrent

The CEOs' other companies

Morten Brændgaard – 10 other companies, of which 1 bankrupt

Address history (1 moves)

Vesttarpvej 14, 6950 Ringkøbing
Heboltoft 33, 6950 Ringkøbing

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about Brændgaard Group V ApS

Has Brændgaard Group V ApS gone bankrupt?

No, Brændgaard Group V ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Brændgaard Group V ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Brændgaard Group V ApS?

Morten Brændgaard is the CEO of Brændgaard Group V ApS.

Who is the auditor of Brændgaard Group V ApS?

Brændgaard Group V ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was Brændgaard Group V ApS founded?

Brændgaard Group V ApS was founded on 28 May 2021.

What is the equity of Brændgaard Group V ApS?

Equity was DKK 36k 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.