Bánh Mì King ApS

CVR 42613975 · Private limited company (ApS) · Active · Low risk

Bánh Mì King ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry drift af øvrige spisesteder. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 4 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 524k and a net result of DKK 146k. CEO: Len The Nguyen, Tuyen Nguyen.

Bankruptcy risk for Bánh Mì King ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
42613975
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Hjertingvej 17
6800 Varde
Municipality
Varde
Industry
Drift af øvrige spisesteder (561190)
Bankruptcies in the industry: Restauranter
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityNo
Equity ratio72.8%
Current ratio367%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 767kDKK 823kDKK 613k
Net profitDKK 146kDKK 338kDKK 58k
EquityDKK 524kDKK 378kDKK 137k
Total assetsDKK 720kDKK 527kDKK 162k
CashDKK 302kDKK 47k–
Short-term debtDKK 164kDKK 74k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025180
1 Oct 2023 – 30 Sep 2024185 Late
1 Oct 2022 – 30 Sep 2023187 Late
19 Aug 2021 – 30 Sep 2022181

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
CEOLen The NguyenCurrent
CEOTuyen NguyenCurrent
Owner (50%)Len The NguyenCurrent
Owner (50%)Tuyen NguyenCurrent
FounderLen The NguyenCurrent
FounderTuyen NguyenCurrent

Address history (0 moves)

Hjertingvej 17, 6800 Varde

Other companies at the same address

Similar companies in Varde

Questions and answers about Bánh Mì King ApS

Has Bánh Mì King ApS gone bankrupt?

No, Bánh Mì King ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Bánh Mì King ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Bánh Mì King ApS?

Len The Nguyen, Tuyen Nguyen are the CEOs of Bánh Mì King ApS.

When was Bánh Mì King ApS founded?

Bánh Mì King ApS was founded on 19 August 2021.

What is the equity of Bánh Mì King ApS?

Equity was DKK 524k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.