Frank-Toyota Østerbro ApS

CVR 42868698 · Private limited company (ApS) · Active · High risk

Frank-Toyota Østerbro ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry detailhandel med elektriske husholdningsapparater. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -658k and a net result of DKK -283k.

Bankruptcy risk for Frank-Toyota Østerbro ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×

Reduces the risk

Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×
Marketing-protectedNo · bankruptcy rate 7.5%0.85×

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
42868698
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Østerbro 20
5000 Odense C
Municipality
Odense
Industry
Detailhandel med elektriske husholdningsapparater (475400)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-94.0%
Current ratio44%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.1mDKK 1.1m
Net profitDKK -283kDKK -236k
EquityDKK -658kDKK -374k
Total assetsDKK 700kDKK 714k
CashDKK 56k–
Short-term debtDKK 1.4m–

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 2025106
1 Jan 2024 – 31 Dec 202491
1 Jan 2023 – 31 Dec 2023179
26 Nov 2021 – 31 Dec 2022109

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
Owner (100%)Kurt RasmussenCurrent
FounderKurt RasmussenCurrent

Address history (0 moves)

Østerbro 20, 5000 Odense C

Other companies at the same address

Similar companies in Odense

Questions and answers about Frank-Toyota Østerbro ApS

Has Frank-Toyota Østerbro ApS gone bankrupt?

No, Frank-Toyota Østerbro ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Frank-Toyota Østerbro ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

When was Frank-Toyota Østerbro ApS founded?

Frank-Toyota Østerbro ApS was founded on 26 November 2021.

What is the equity of Frank-Toyota Østerbro ApS?

Equity was DKK -658k 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.