South Cars ApS

CVR 42776831 · Private limited company (ApS) · Active · Low risk

South Cars ApS is a Private limited company (ApS), founded on , based in Nykøbing F. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 920k and a net result of DKK 415k. CEO: Kristian Wagner Fabritius.

Bankruptcy risk for South Cars ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · 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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
42776831
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Guldborgvej 2A
4800 Nykøbing F
Municipality
Guldborgsund
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio69.9%
Current ratio385%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 801kDKK 268kDKK 165k
Net profitDKK 415kDKK 146kDKK 126k
EquityDKK 920kDKK 505kDKK 359k
Total assetsDKK 1.3mDKK 799kDKK 598k
CashDKK 660kDKK 285k–
Short-term debtDKK 338kDKK 269k–
Tax owedDKK 94kDKK 28k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025133
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023150
21 Oct 2021 – 31 Dec 2022166

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
CEOKristian Wagner FabritiusCurrent
Owner (100%)Kristian Wagner FabritiusCurrent
FounderKristian Wagner FabritiusCurrent

Address history (0 moves)

Guldborgvej 2A, 4800 Nykøbing F

Other companies at the same address

Similar companies in Guldborgsund

Questions and answers about South Cars ApS

Has South Cars ApS gone bankrupt?

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

What is the bankruptcy risk of South Cars ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of South Cars ApS?

Kristian Wagner Fabritius is the CEO of South Cars ApS.

When was South Cars ApS founded?

South Cars ApS was founded on 21 October 2021.

What is the equity of South Cars ApS?

Equity was DKK 920k 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.