Royal Danish Navy Spirits Company ApS

CVR 42559423 · Private limited company (ApS) · Active · Very high risk

Royal Danish Navy Spirits Company ApS is a Private limited company (ApS), founded on , based in Skive. The company is registered in the industry anden agenturhandel med føde-, drikke- og tobaksvarer. Our model estimates a bankruptcy risk of 18.5% over the next 12 months, which is 13.2 times the average for Danish companies. 4 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -2,500 and a net result of DKK -2,500. CEO: Kevin Villadsen Lüthje Dybdahl.

Bankruptcy risk for Royal Danish Navy Spirits Company 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

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
42559423
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Ågade 16, 3.
7800 Skive
Municipality
Skive
Industry
Anden agenturhandel med føde-, drikke- og tobaksvarer (461790)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Jysk Revision og Rådgivning
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 4
Missing annual reportNo
Negative equityYes
Equity ratio–
Current ratio–
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies4
Other companies at the address17
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 0––
Gross profitDKK -2,500DKK -40kDKK 0
Net profitDKK -2,500DKK -40kDKK 0
EquityDKK -2,500DKK 0DKK 40k
Total assetsDKK 0DKK 0DKK 40k
Cash–DKK 0–
Short-term debtDKK 2,500DKK 0–
Tax owed–DKK 0–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Jysk Revision og Rådgivning.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025185 Late
1 Jan 2024 – 31 Dec 2024198 Late
1 Jan 2023 – 31 Dec 2023188 Late
22 Jul 2021 – 31 Dec 2022186 Late

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
CEOKevin Villadsen Lüthje DybdahlCurrent
CEOSusanne Molin Hulkvist
Owner (100%)Kevin Villadsen Lüthje DybdahlCurrent
Owner (100%)Susanne Molin Hulkvist
FounderSusanne Molin HulkvistCurrent

The CEOs' other companies

Kevin Villadsen Lüthje Dybdahl – 5 other companies, of which 2 bankrupt

Susanne Molin Hulkvist – 4 other companies, of which 3 bankrupt

Address history (1 moves)

Ågade 16, 3., 7800 Skive
Vasedammen 21, 2605 Brøndby

Former names

Royal Danish Navy Spirits Company ApS – now
Hulkvist Holding ApS –

Other companies at the same address

Similar companies in Skive

Questions and answers about Royal Danish Navy Spirits Company ApS

Has Royal Danish Navy Spirits Company ApS gone bankrupt?

No, Royal Danish Navy Spirits Company ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Royal Danish Navy Spirits Company 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 Royal Danish Navy Spirits Company ApS?

Kevin Villadsen Lüthje Dybdahl is the CEO of Royal Danish Navy Spirits Company ApS.

Who is the auditor of Royal Danish Navy Spirits Company ApS?

Royal Danish Navy Spirits Company ApS most recently used Jysk Revision og Rådgivning.

When was Royal Danish Navy Spirits Company ApS founded?

Royal Danish Navy Spirits Company ApS was founded on 22 July 2021.

What is the equity of Royal Danish Navy Spirits Company ApS?

Equity was DKK -2,500 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.