Brændgaard Group Germany ApS

CVR 42435503 · Private limited company (ApS) · Active · Low risk

Brændgaard Group Germany 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 0.9% over the next 12 months, which is 0.6 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 -5.8m and a net result of DKK -1.5m. CEO: Morten Brændgaard.

Bankruptcy risk for Brændgaard Group Germany ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% 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×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · 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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Number of auditors (historical)1 · 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
42435503
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Birkmosevej 18
6950 Ringkøbing
Municipality
Ringkøbing-Skjern
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 500k
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-20.1%
Current ratio40%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -14kDKK -13kDKK -19k
Net profitDKK -1.5mDKK -1.8mDKK -1.3m
EquityDKK -5.8mDKK -4.3mDKK -2.5m
Total assetsDKK 28.7mDKK 28.2mDKK 27.7m
CashDKK 51DKK 651–
Short-term debtDKK 4.2mDKK 4.0m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · 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
2 Jun 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 (67%)Brændgaard Group ApSCurrent
Owner (10%)Brændgaard Group S ApSCurrent
Owner (10%)Brændgaard Group V ApSCurrent
Owner (100%)Brændgaard Group ApS
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
FounderBrændgaard Group ApSCurrent

The CEOs' other companies

Morten Brændgaard – 10 other companies, of which 1 bankrupt

Address history (0 moves)

Birkmosevej 18, 6950 Ringkøbing

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about Brændgaard Group Germany ApS

Has Brændgaard Group Germany ApS gone bankrupt?

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

What is the bankruptcy risk of Brændgaard Group Germany ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Brændgaard Group Germany ApS?

Morten Brændgaard is the CEO of Brændgaard Group Germany ApS.

Who is the auditor of Brændgaard Group Germany ApS?

Brændgaard Group Germany ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was Brændgaard Group Germany ApS founded?

Brændgaard Group Germany ApS was founded on 2 June 2021.

What is the equity of Brændgaard Group Germany ApS?

Equity was DKK -5.8m 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.