SA Horses ApS

CVR 42711322 · Private limited company (ApS) · Active · Low risk

SA Horses ApS is a Private limited company (ApS), founded on , based in Grindsted. The company is registered in the industry avl af heste og dyr af hestefamilien. 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 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -2.9m and a net result of DKK -649k. CEO: Claus Baggesgaard Olsen.

Bankruptcy risk for SA Horses 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

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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
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×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
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
42711322
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Industrivangen 6
7200 Grindsted
Municipality
Billund
Industry
Avl af heste og dyr af hestefamilien (014300)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 40k
Auditor
REVISION KJÆR
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-605.4%
Current ratio14%
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 -429kDKK -651kDKK -787k
Net profitDKK -649kDKK -609kDKK -701k
EquityDKK -2.9mDKK -2.3mDKK -1.7m
Total assetsDKK 482kDKK 1.0mDKK 1.4m
CashDKK 75kDKK 4,682–
Short-term debtDKK 3.4mDKK 3.3m–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024196 Late
1 Jan 2023 – 31 Dec 2023197 Late
24 Sep 2021 – 31 Dec 2022198 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
CEOClaus Baggesgaard OlsenCurrent
Owner (100%)STOFFERS AUTO A/SCurrent
Owner (100%)Claus Baggesgaard Olsen
FounderClaus Baggesgaard OlsenCurrent

The CEOs' other companies

Claus Baggesgaard Olsen – 5 other companies

Address history (1 moves)

Industrivangen 6, 7200 Grindsted
Industrivangen 6, 7200 Grindsted

Other companies at the same address

Similar companies in Billund

Questions and answers about SA Horses ApS

Has SA Horses ApS gone bankrupt?

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

What is the bankruptcy risk of SA Horses 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 SA Horses ApS?

Claus Baggesgaard Olsen is the CEO of SA Horses ApS.

Who is the auditor of SA Horses ApS?

SA Horses ApS most recently used REVISION KJÆR.

When was SA Horses ApS founded?

SA Horses ApS was founded on 23 September 2021.

What is the equity of SA Horses ApS?

Equity was DKK -2.9m 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.