Sig VVS ApS

CVR 42723045 · Private limited company (ApS) · Active · High risk

Sig VVS ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 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 (31 Dec 2025) shows equity of DKK 803k and a net result of DKK 257k. CEO: Palle Hostrup Kristensen.

Bankruptcy risk for Sig VVS ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% 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×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
42723045
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Vesterbækvej 3
6800 Varde
Municipality
Varde
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityNo
Equity ratio43.2%
Current ratio173%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 330kDKK 203k
Net profitDKK 257kDKK 158k
EquityDKK 803kDKK 875k
Total assetsDKK 1.9mDKK 1.7m
CashDKK 1.3m–
Short-term debtDKK 1.1m–
Tax owedDKK 73k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024159
1 Jan 2023 – 31 Dec 2023188 Late
24 Sep 2021 – 31 Dec 2022165

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
CEOPalle Hostrup KristensenCurrent
Owner (100%)SIG P.H.K. HOLDING ApSCurrent
FounderSIG P.H.K. HOLDING ApSCurrent

The CEOs' other companies

Palle Hostrup Kristensen – 3 other companies

Address history (1 moves)

Vesterbækvej 3, 6800 Varde
Vesterbækvej 3, 6800 Varde

Other companies at the same address

Similar companies in Varde

Questions and answers about Sig VVS ApS

Has Sig VVS ApS gone bankrupt?

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

What is the bankruptcy risk of Sig VVS ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Sig VVS ApS?

Palle Hostrup Kristensen is the CEO of Sig VVS ApS.

When was Sig VVS ApS founded?

Sig VVS ApS was founded on 24 September 2021.

What is the equity of Sig VVS ApS?

Equity was DKK 803k 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.