Krudtuglen ApS
CVR 42773271 · Private limited company (ApS) · Active · Medium risk
Krudtuglen ApS is a Private limited company (ApS), founded on , based in Børkop. The company is registered in the industry detailhandel med spil og legetøj. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 4 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -64k and a net result of DKK -58k. CEO: Morten Max Olesen.
Bankruptcy risk for Krudtuglen ApS
1.0 × the average (1.41%) · higher risk than 75% of active Danish companies
Increases the risk
Reduces the risk
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
- 42773271
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (5 years)
- Address
- Mandelhaven 104
7080 Børkop - Municipality
- Vejle
- Industry
- Detailhandel med spil og legetøj (476400)
Bankruptcies in the industry: Tøjforretninger - Share capital
- DKK 40k
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 1 of 4 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -95.7% |
| Current ratio | 55% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 1 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -18k | DKK -62k |
| Net profit | DKK -58k | DKK -73k |
| Equity | DKK -64k | DKK -5,849 |
| Total assets | DKK 67k | DKK 273k |
| Cash | DKK 20 | – |
| Short-term debt | DKK 122k | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 177 | ||
| 1 Jan 2024 – 31 Dec 2024 | 192 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 176 | ||
| 20 Oct 2021 – 31 Dec 2022 | 154 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Morten Max Olesen | Current | |
| Owner (100%) | M Max Holding ApS | Current | |
| Owner (50%) | M Max Holding ApS | ||
| Owner (20%) | Stefán Einarsson | ||
| Owner (10%) | KHKK INVEST A/S | ||
| Owner (10%) | KK HOLDING & INVEST ApS | ||
| Founder | M Max Holding ApS | Current |
The CEOs' other companies
Morten Max Olesen – 1 other companies
- M Max Holding ApS Active
Address history (2 moves)
| Mandelhaven 104, 7080 Børkop | |
| Vestergade 1C, 1. 3, 7080 Børkop | |
| Børkop Huse 63, 7080 Børkop |
Other companies at the same address
- M Max Holding ApS Active
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Questions and answers about Krudtuglen ApS
Has Krudtuglen ApS gone bankrupt?
No, Krudtuglen ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Krudtuglen ApS?
Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.
Who is the CEO of Krudtuglen ApS?
Morten Max Olesen is the CEO of Krudtuglen ApS.
When was Krudtuglen ApS founded?
Krudtuglen ApS was founded on 20 October 2021.
What is the equity of Krudtuglen ApS?
Equity was DKK -64k 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.