Vass Europe ApS

CVR 43513931 · Private limited company (ApS) · Active · Medium risk

Vass Europe ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 3 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 112k and a net result of DKK 18k. CEO: Oliver Hvass, Marcus Hvass, Christoffer Hvass.

Bankruptcy risk for Vass Europe ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×

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
43513931
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o Sheltons Accountants, Bredgade 20A, 2. tv
1260 København K
Municipality
København
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 5,400
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio57.1%
Current ratio233%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address87
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 22kDKK 82k
Net profitDKK 18kDKK 63k
EquityDKK 112kDKK 94k
Total assetsDKK 196kDKK 232k
CashDKK 91k–
Short-term debtDKK 84k–
Tax owedDKK 23k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025175
1 Jul 2023 – 30 Jun 2024183
12 Sep 2022 – 30 Jun 2023161

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
CEOOliver HvassCurrent
CEOMarcus HvassCurrent
CEOChristoffer HvassCurrent
Owner (100%)Vass Textiles LimitedCurrent
FounderVass Textiles LimitedCurrent

Address history (2 moves)

c/o Sheltons Accountants, Bredgade 20A, 2. tv, 1260 København K
c/o Sheltons Accountants, Kompagnistræde 21, 1. th, 1208 København K
Fredericiagade 15B, st. th, 1310 København K

Other companies at the same address

Similar companies in København

Questions and answers about Vass Europe ApS

Has Vass Europe ApS gone bankrupt?

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

What is the bankruptcy risk of Vass Europe ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of Vass Europe ApS?

Oliver Hvass, Marcus Hvass, Christoffer Hvass are the CEOs of Vass Europe ApS.

When was Vass Europe ApS founded?

Vass Europe ApS was founded on 12 September 2022.

What is the equity of Vass Europe ApS?

Equity was DKK 112k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.