Østerbyens Muslinger ApS

CVR 42619515 · Private limited company (ApS) · Active · Medium risk

Østerbyens Muslinger ApS is a Private limited company (ApS), founded on , based in Øster Assels. The company is registered in the industry havbrug. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 4 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -159k and a net result of DKK 65k. CEO: Frank Tousgaard.

Bankruptcy risk for Østerbyens Muslinger ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
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×
RegionNordjylland · bankruptcy rate 6.5%0.74×

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
42619515
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Frank Tousgaard, Østerbyen 17
7990 Øster Assels
Municipality
Morsø
Industry
Havbrug (032100)
Bankruptcies in the industry: Havfiskeri
Share capital
DKK 40k
Auditor
ReviFjordGodkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-272.9%
Current ratio27%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 69kDKK 12kDKK 224k
Net profitDKK 65kDKK -336kDKK 58k
EquityDKK -159kDKK -224kDKK 112k
Total assetsDKK 58kDKK 142kDKK 487k
CashDKK 47kDKK 92k–
Short-term debtDKK 218kDKK 366k–
Tax owed–DKK 0–
Avg. employees01–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025196 Late
1 Jan 2024 – 31 Dec 2024190 Late
1 Jan 2023 – 31 Dec 2023168
23 Aug 2021 – 31 Dec 2022191 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
CEOFrank TousgaardCurrent
Owner (100%)Tousgaard Holding ApSCurrent
FounderTousgaard Holding ApSCurrent

The CEOs' other companies

Frank Tousgaard – 4 other companies

Address history (0 moves)

c/o Frank Tousgaard, Østerbyen 17, 7990 Øster Assels

Other companies at the same address

Similar companies in Morsø

Questions and answers about Østerbyens Muslinger ApS

Has Østerbyens Muslinger ApS gone bankrupt?

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

What is the bankruptcy risk of Østerbyens Muslinger ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of Østerbyens Muslinger ApS?

Frank Tousgaard is the CEO of Østerbyens Muslinger ApS.

Who is the auditor of Østerbyens Muslinger ApS?

Østerbyens Muslinger ApS most recently used ReviFjordGodkendt Revisionspartnerselskab.

When was Østerbyens Muslinger ApS founded?

Østerbyens Muslinger ApS was founded on 23 August 2021.

What is the equity of Østerbyens Muslinger ApS?

Equity was DKK -159k 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.