1'st Properties ApS

CVR 42620076 · Private limited company (ApS) · Active · Low risk

1'st Properties ApS is a Private limited company (ApS), founded on , based in Ribe. The company is registered in the industry gennemførelse af byggeprojekter. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 971k and a net result of DKK 1.1m. CEO: Dennis Kochen, Jon Holm Sørensen.

Bankruptcy risk for 1'st Properties ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · 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×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
42620076
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Jon Holm Sørensen, Giørtz Plads 3
6760 Ribe
Municipality
Esbjerg
Industry
Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 40k
Auditor
Din Revisor Frederiksberg P/S Godkendte Revisorer
Audit opted out
No

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio10.3%
Current ratio173%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.5mDKK 653kDKK 261k
Net profitDKK 1.1mDKK 40kDKK -133k
EquityDKK 971kDKK -298kDKK -337k
Total assetsDKK 9.5mDKK 13.3mDKK 13.2m
CashDKK 352kDKK 68k–
Short-term debtDKK 408kDKK 369k–
Avg. employees2––

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · Din Revisor Frederiksberg P/S Godkendte Revisorer.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023113
18 Aug 2021 – 31 Dec 2022111

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
CEODennis KochenCurrent
CEOJon Holm SørensenCurrent
Owner (100%)1'st Group Holding ApSCurrent
Owner (50%)TORNUM HOLDING ApS
Owner (50%)DENKO HOLDING ApS
AuditorDin Revisor Frederiksberg P/S Godkendte RevisorerCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderTORNUM HOLDING ApSCurrent
FounderDENKO HOLDING ApSCurrent

The CEOs' other companies

Dennis Kochen – 11 other companies, of which 1 bankrupt

Jon Holm Sørensen – 16 other companies, of which 2 bankrupt

Address history (0 moves)

c/o Jon Holm Sørensen, Giørtz Plads 3, 6760 Ribe

Former names

1'st Properties ApS – now
Granåsen ApS –

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about 1'st Properties ApS

Has 1'st Properties ApS gone bankrupt?

No, 1'st Properties ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of 1'st Properties ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of 1'st Properties ApS?

Dennis Kochen, Jon Holm Sørensen are the CEOs of 1'st Properties ApS.

Who is the auditor of 1'st Properties ApS?

1'st Properties ApS most recently used Din Revisor Frederiksberg P/S Godkendte Revisorer.

When was 1'st Properties ApS founded?

1'st Properties ApS was founded on 18 August 2021.

What is the equity of 1'st Properties ApS?

Equity was DKK 971k 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.