HM 119 Blue Ocean ApS

CVR 42790281 · Private limited company (ApS) · Active · Medium risk

HM 119 Blue Ocean ApS is a Private limited company (ApS), founded on , based in Fjerritslev. The company is registered in the industry havfiskeri. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -2.1m and a net result of DKK -202k. CEO: Karsten Nielsen.

Bankruptcy risk for HM 119 Blue Ocean ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
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×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
42790281
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Havvejen 8
9690 Fjerritslev
Municipality
Jammerbugt
Industry
Havfiskeri (031100)
Bankruptcies in the industry: Havfiskeri
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-153.7%
Current ratio39%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 13kDKK 101kDKK 122k
Net profitDKK -202kDKK -744kDKK -773k
EquityDKK -2.1mDKK -1.9mDKK -1.2m
Total assetsDKK 1.4mDKK 2.0mDKK 2.2m
CashDKK 499DKK 69k–
Short-term debtDKK 3.5mDKK 3.9m–
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 2025169
1 Jan 2024 – 31 Dec 2024129
1 Jan 2023 – 31 Dec 2023154
26 Oct 2021 – 31 Dec 2022181

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
CEOKarsten NielsenCurrent
Owner (100%)Karsten NielsenCurrent
FounderKarsten NielsenCurrent

The CEOs' other companies

Karsten Nielsen – 4 other companies

Address history (0 moves)

Havvejen 8, 9690 Fjerritslev

Other companies at the same address

Similar companies in Jammerbugt

Questions and answers about HM 119 Blue Ocean ApS

Has HM 119 Blue Ocean ApS gone bankrupt?

No, HM 119 Blue Ocean ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HM 119 Blue Ocean ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of HM 119 Blue Ocean ApS?

Karsten Nielsen is the CEO of HM 119 Blue Ocean ApS.

When was HM 119 Blue Ocean ApS founded?

HM 119 Blue Ocean ApS was founded on 26 October 2021.

What is the equity of HM 119 Blue Ocean ApS?

Equity was DKK -2.1m 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.