Scandinavian Audio Systems ApS

CVR 42937738 · Private limited company (ApS) · Active · Low risk

Scandinavian Audio Systems ApS is a Private limited company (ApS), founded on , based in Faxe. The company is registered in the industry engroshandel med radio og tv, fotografiske og optiske artikler. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 820k and a net result of DKK 65k. CEO: Erik Hansen.

Bankruptcy risk for Scandinavian Audio Systems ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)3–5 yrs · bankruptcy rate 13.3%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

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
42937738
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Lindevej 10
4640 Faxe
Municipality
Faxe
Industry
Engroshandel med radio og tv, fotografiske og optiske artikler (464320)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
Sønderup Godkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio34.1%
Current ratio152%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 222kDKK 468k
Net profitDKK 65kDKK 240k
EquityDKK 820kDKK 755k
Total assetsDKK 2.4mDKK 2.3m
CashDKK 0–
Short-term debtDKK 1.6m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Sønderup Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025154
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023177
1 Jul 2021 – 31 Dec 2022179

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
CEOErik HansenCurrent
Owner (100%)SAS Audio Invest ApSCurrent
Owner (100%)Erik Hansen
FounderErik HansenCurrent

The CEOs' other companies

Erik Hansen – 5 other companies

Address history (0 moves)

Lindevej 10, 4640 Faxe

Other companies at the same address

Similar companies in Faxe

Questions and answers about Scandinavian Audio Systems ApS

Has Scandinavian Audio Systems ApS gone bankrupt?

No, Scandinavian Audio Systems ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Scandinavian Audio Systems ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Scandinavian Audio Systems ApS?

Erik Hansen is the CEO of Scandinavian Audio Systems ApS.

Who is the auditor of Scandinavian Audio Systems ApS?

Scandinavian Audio Systems ApS most recently used Sønderup Godkendt Revisionsaktieselskab.

When was Scandinavian Audio Systems ApS founded?

Scandinavian Audio Systems ApS was founded on 27 December 2021.

What is the equity of Scandinavian Audio Systems ApS?

Equity was DKK 820k 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.