Decorum Real Estate Development ApS

CVR 42924482 · Private limited company (ApS) · Active · Medium risk

Decorum Real Estate Development ApS is a Private limited company (ApS), founded on , based in Glostrup. The company is registered in the industry gennemførelse af byggeprojekter. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 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 -132k and a net result of DKK -56k. CEO: Michael Nielsen.

Bankruptcy risk for Decorum Real Estate Development ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
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×

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
42924482
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Naverland 17
2600 Glostrup
Municipality
Albertslund
Industry
Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 40k
Auditor
inforevision statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-1,834.1%
Current ratio5%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address27
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -51kDKK -60kDKK 0
Net profitDKK -56kDKK -61kDKK 0
EquityDKK -132kDKK -76kDKK -31k
Total assetsDKK 7,203DKK 3,083DKK 0
CashDKK 2,253DKK 1,333–
Short-term debtDKK 139kDKK 80k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · inforevision statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025103
1 Jan 2024 – 31 Dec 2024105
1 Oct 2022 – 30 Sep 2023186 Late
22 Dec 2021 – 30 Sep 2022187 Late

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
CEOMichael NielsenCurrent
Owner (100%)Udviklingsselskabet Decorum ApSCurrent
Owner (50%)MICHAEL HEIN HOLDING ApS
Owner (50%)D2A Holding ApS
Auditorinforevision statsautoriseret revisionsaktieselskab
FounderMICHAEL HEIN HOLDING ApSCurrent
FounderD2A Holding ApSCurrent

The CEOs' other companies

Michael Nielsen – 55 other companies, of which 5 bankrupt

Address history (2 moves)

Naverland 17, 2600 Glostrup
Naverland 31, st., 2600 Glostrup
Marievej 2, 1. th, 2900 Hellerup

Former names

Decorum Real Estate Development ApS – now
Decorum Real Estate Develeopment ApS –
Hvidovrevej 20 ApS –
Decorum - Gl. Ringstedvej Aps –
Trollebakkerne ApS –

Other companies at the same address

Similar companies in Albertslund

Questions and answers about Decorum Real Estate Development ApS

Has Decorum Real Estate Development ApS gone bankrupt?

No, Decorum Real Estate Development ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Decorum Real Estate Development ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of Decorum Real Estate Development ApS?

Michael Nielsen is the CEO of Decorum Real Estate Development ApS.

Who is the auditor of Decorum Real Estate Development ApS?

Decorum Real Estate Development ApS most recently used inforevision statsautoriseret revisionsaktieselskab.

When was Decorum Real Estate Development ApS founded?

Decorum Real Estate Development ApS was founded on 22 December 2021.

What is the equity of Decorum Real Estate Development ApS?

Equity was DKK -132k 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.