Faaborg Ceilings ApS

CVR 43576909 · Private limited company (ApS) · Active · Low risk

Faaborg Ceilings ApS is a Private limited company (ApS), founded on , based in Faaborg. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 595k and a net result of DKK 266k. CEO: Michael Bull.

Bankruptcy risk for Faaborg Ceilings ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
43576909
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Energivej 2
5600 Faaborg
Municipality
Faaborg-Midtfyn
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio51.0%
Current ratio200%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.7mDKK 1.9mDKK 2.4m
Net profitDKK 266kDKK 252kDKK 287k
EquityDKK 595kDKK 329kDKK 327k
Total assetsDKK 1.2mDKK 1.6mDKK 2.1m
CashDKK 532kDKK 409–
Short-term debtDKK 572kDKK 1.2m–
Avg. employees23–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024144
14 Oct 2022 – 31 Dec 2023173

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 BullCurrent
Owner (100%)MB HOLDING FAABORG ApSCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderMB HOLDING FAABORG ApSCurrent

The CEOs' other companies

Michael Bull – 2 other companies, of which 1 bankrupt

Address history (1 moves)

Energivej 2, 5600 Faaborg
Energivej 2, 5600 Faaborg

Other companies at the same address

Similar companies in Faaborg-Midtfyn

Questions and answers about Faaborg Ceilings ApS

Has Faaborg Ceilings ApS gone bankrupt?

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

What is the bankruptcy risk of Faaborg Ceilings ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Faaborg Ceilings ApS?

Michael Bull is the CEO of Faaborg Ceilings ApS.

Who is the auditor of Faaborg Ceilings ApS?

Faaborg Ceilings ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Faaborg Ceilings ApS founded?

Faaborg Ceilings ApS was founded on 14 October 2022.

What is the equity of Faaborg Ceilings ApS?

Equity was DKK 595k 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.