Say Estate ApS

CVR 42607711 · Private limited company (ApS) · Active · Low risk

Say Estate ApS is a Private limited company (ApS), founded on , based in Egå. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -192k and a net result of DKK 3,791. CEO: Kasper Schou Meldgaard, Nikolaj Duve.

Bankruptcy risk for Say Estate ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% 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×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
42607711
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Muslingevej 40
8250 Egå
Municipality
Aarhus
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Auditor
PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-1.6%
Current ratio253%
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 year20252024
Gross profitDKK 750kDKK 735k
Net profitDKK 3,791DKK -49k
EquityDKK -192kDKK -196k
Total assetsDKK 11.9mDKK 12.0m
CashDKK 894k–
Short-term debtDKK 495k–
Tax owedDKK 75k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202570
1 Jan 2024 – 31 Dec 2024161
1 Jan 2023 – 31 Dec 2023123
18 Aug 2021 – 31 Dec 2022101

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
CEOKasper Schou MeldgaardCurrent
CEONikolaj DuveCurrent
Owner (50%)HOLDING WHO ApSCurrent
Owner (50%)SAY INVEST ApSCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderHOLDING WHO ApSCurrent
FounderSAY INVEST ApSCurrent

The CEOs' other companies

Kasper Schou Meldgaard – 4 other companies

Nikolaj Duve – 4 other companies

Address history (1 moves)

Muslingevej 40, 8250 Egå
Egå Havvej 21, 8250 Egå

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Say Estate ApS

Has Say Estate ApS gone bankrupt?

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

What is the bankruptcy risk of Say Estate ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Say Estate ApS?

Kasper Schou Meldgaard, Nikolaj Duve are the CEOs of Say Estate ApS.

Who is the auditor of Say Estate ApS?

Say Estate ApS most recently used PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

When was Say Estate ApS founded?

Say Estate ApS was founded on 18 August 2021.

What is the equity of Say Estate ApS?

Equity was DKK -192k 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.