White Sands ApS

CVR 43226584 · Private limited company (ApS) · Active · Very high risk

White Sands ApS is a Private limited company (ApS), founded on , based in Højbjerg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 17.0% over the next 12 months, which is 12.0 times the average for Danish companies. 4 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -32k and a net result of DKK -43k. CEO: Rasmus Cheshire Gustavsen.

Bankruptcy risk for White Sands ApS

17.0%
probability of bankruptcy within 12 months
Very high risk

12.0 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
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×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
43226584
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Grumstolsvej 58
8270 Højbjerg
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Lokal Revision - statsautoriseret revisionsanpartsselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-219.2%
Current ratio31%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies4
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 0DKK -4,856DKK -16k
Net profitDKK -43kDKK -44kDKK -875
EquityDKK -32kDKK 11kDKK 55k
Total assetsDKK 15kDKK 57kDKK 99k
Short-term debtDKK 46kDKK 46k–
Tax owed–DKK 0–
Avg. employees10–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025215 Late
1 Jan 2024 – 31 Dec 2024194 Late
1 Jan 2023 – 31 Dec 2023185 Late
29 Apr 2022 – 31 Dec 2022324 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
CEORasmus Cheshire GustavsenCurrent
Owner (100%)Rasmus Cheshire GustavsenCurrent
AuditorLokal Revision - statsautoriseret revisionsanpartsselskabCurrent
Auditorinforevision statsautoriseret revisionsaktieselskab
FounderRasmus Cheshire GustavsenCurrent

The CEOs' other companies

Rasmus Cheshire Gustavsen – 9 other companies, of which 7 bankrupt

Address history (0 moves)

Grumstolsvej 58, 8270 Højbjerg

Other companies at the same address

Similar companies in Aarhus

Questions and answers about White Sands ApS

Has White Sands ApS gone bankrupt?

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

What is the bankruptcy risk of White Sands ApS?

Our model estimates a bankruptcy risk of 17.0% over the next 12 months (very high risk), which is 12.0 times the average for Danish companies.

Who is the CEO of White Sands ApS?

Rasmus Cheshire Gustavsen is the CEO of White Sands ApS.

Who is the auditor of White Sands ApS?

White Sands ApS most recently used Lokal Revision - statsautoriseret revisionsanpartsselskab.

When was White Sands ApS founded?

White Sands ApS was founded on 29 April 2022.

What is the equity of White Sands ApS?

Equity was DKK -32k 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.