K&K, Skagen ApS

CVR 43320130 · Private limited company (ApS) · Active · Low risk

K&K, Skagen ApS is a Private limited company (ApS), founded on , based in Skagen. The company is registered in the industry detailhandel med køkkenudstyr og service mv.. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -46k and a net result of DKK -92k. CEO: Michael Munk Nielsen.

Bankruptcy risk for K&K, Skagen ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
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

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×

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
43320130
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o Kop & Kande Skagen, Sct. Laurentii Vej 59
9990 Skagen
Municipality
Frederikshavn
Industry
Detailhandel med køkkenudstyr og service mv. (475530)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-1.6%
Current ratio145%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.4mDKK 1.6mDKK 1.5m
Net profitDKK -92kDKK -15kDKK -177k
EquityDKK -46kDKK 46kDKK 60k
Total assetsDKK 2.8mDKK 3.0mDKK 3.5m
CashDKK 64kDKK 27k–
Short-term debtDKK 1.7mDKK 1.6m–
Avg. employees36–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023178
1 Jul 2022 – 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
CEOMichael Munk NielsenCurrent
Owner (100%)Munk Nielsen Holding ApSCurrent
Owner (50%)Michael Munk Nielsen
Owner (50%)Anne-Mette Nielsen
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderMunk Nielsen Holding ApSCurrent

The CEOs' other companies

Michael Munk Nielsen – 3 other companies

Address history (0 moves)

c/o Kop & Kande Skagen, Sct. Laurentii Vej 59, 9990 Skagen

Other companies at the same address

Similar companies in Frederikshavn

Questions and answers about K&K, Skagen ApS

Has K&K, Skagen ApS gone bankrupt?

No, K&K, Skagen ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of K&K, Skagen ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of K&K, Skagen ApS?

Michael Munk Nielsen is the CEO of K&K, Skagen ApS.

Who is the auditor of K&K, Skagen ApS?

K&K, Skagen ApS most recently used Beierholm.

When was K&K, Skagen ApS founded?

K&K, Skagen ApS was founded on 6 June 2022.

What is the equity of K&K, Skagen ApS?

Equity was DKK -46k 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.