Trend Setup ApS

CVR 43218921 · Private limited company (ApS) · Active · Low risk

Trend Setup ApS is a Private limited company (ApS), founded on , based in Brabrand. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 4 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 912k and a net result of DKK 417k. CEO: Jacob Hegelund Pade.

Bankruptcy risk for Trend Setup ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
43218921
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Rosbjergvej 20T
8220 Brabrand
Municipality
Aarhus
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Skov Revision
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityNo
Equity ratio56.8%
Current ratio214%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.8mDKK 2.1mDKK 1.6m
Net profitDKK 417kDKK 326kDKK 550k
EquityDKK 912kDKK 795kDKK 609k
Total assetsDKK 1.6mDKK 1.4mDKK 931k
CashDKK 882kDKK 760k–
Short-term debtDKK 667kDKK 556k–
Tax owedDKK 114kDKK 83k–
Avg. employees53–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Skov Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202540
1 Jan 2024 – 31 Dec 2024127
1 Jan 2023 – 31 Dec 2023159
25 Apr 2022 – 31 Dec 2022184 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
CEOJacob Hegelund PadeCurrent
Owner (67%)J. PADE HOLDING ApSCurrent
Owner (15%)Sparregård Holding ApSCurrent
Owner (100%)Jacob Hegelund Pade
Owner (100%)J. PADE HOLDING ApS
FounderJ. PADE HOLDING ApSCurrent

The CEOs' other companies

Jacob Hegelund Pade – 3 other companies

Address history (2 moves)

Rosbjergvej 20T, 8220 Brabrand
c/o Jacob Hegelund Pade, Rosbjergvej 20T, 8220 Brabrand
c/o Jacob Hegelund Pade, Minthøjvej 24, 8210 Aarhus V

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Trend Setup ApS

Has Trend Setup ApS gone bankrupt?

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

What is the bankruptcy risk of Trend Setup ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Trend Setup ApS?

Jacob Hegelund Pade is the CEO of Trend Setup ApS.

Who is the auditor of Trend Setup ApS?

Trend Setup ApS most recently used Skov Revision.

When was Trend Setup ApS founded?

Trend Setup ApS was founded on 25 April 2022.

What is the equity of Trend Setup ApS?

Equity was DKK 912k 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.