GloryStar Danmark ApS

CVR 43521284 · Private limited company (ApS) · Active · Medium risk

GloryStar Danmark ApS is a Private limited company (ApS), founded on , based in Odder. The company is registered in the industry installation af industrimaskiner og -udstyr. Our model estimates a bankruptcy risk of 1.7% over the next 12 months, which is 1.2 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -4,165 and a net result of DKK -12k. CEO: Torben Daugaard.

Bankruptcy risk for GloryStar Danmark ApS

1.7%
probability of bankruptcy within 12 months
Medium risk

1.2 × the average (1.41%) · higher risk than 81% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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×
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
43521284
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Jernaldervej 6
8300 Odder
Municipality
Odder
Industry
Installation af industrimaskiner og -udstyr (332000)
Bankruptcies in the industry: Reparation af maskiner
Share capital
DKK 40k
Auditor
Revisionshuset Tal & Tanker Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-52.7%
Current ratio66%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -16kDKK -30kDKK -9,566
Net profitDKK -12kDKK -23kDKK -8,428
EquityDKK -4,165DKK 8,086DKK 32k
Total assetsDKK 7,904DKK 13kDKK 37k
CashDKK 3,318DKK 5,332–
Short-term debtDKK 12kDKK 5,000–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionshuset Tal &amp; Tanker, Statsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025119
1 Jan 2024 – 31 Dec 2024129
19 Sep 2022 – 31 Dec 2023116

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
CEOTorben DaugaardCurrent
CEOTorben Daugaard
CEOSøren Fanøe
Owner (100%)TORBEN DAUGAARD HOLDING ApSCurrent
Owner (67%)TORBEN DAUGAARD HOLDING ApS
Owner (25%)B.M.O. Holding ApS
Owner (33%)TORBEN DAUGAARD HOLDING ApS
Owner (33%)Fanoe Holding ApS
AuditorRevisionshuset Tal & Tanker Statsautoriseret RevisionspartnerselskabCurrent
FounderTORBEN DAUGAARD HOLDING ApSCurrent
FounderB.M.O. Holding ApSCurrent

The CEOs' other companies

Torben Daugaard – 7 other companies, of which 1 bankrupt

Søren Fanøe – 2 other companies

Address history (0 moves)

Jernaldervej 6, 8300 Odder

Other companies at the same address

Similar companies in Odder

Questions and answers about GloryStar Danmark ApS

Has GloryStar Danmark ApS gone bankrupt?

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

What is the bankruptcy risk of GloryStar Danmark ApS?

Our model estimates a bankruptcy risk of 1.7% over the next 12 months (medium risk), which is 1.2 times the average for Danish companies.

Who is the CEO of GloryStar Danmark ApS?

Torben Daugaard is the CEO of GloryStar Danmark ApS.

Who is the auditor of GloryStar Danmark ApS?

GloryStar Danmark ApS most recently used Revisionshuset Tal & Tanker Statsautoriseret Revisionspartnerselskab.

When was GloryStar Danmark ApS founded?

GloryStar Danmark ApS was founded on 19 September 2022.

What is the equity of GloryStar Danmark ApS?

Equity was DKK -4,165 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.