Ruth Holding ApS

CVR 43615165 · Private limited company (ApS) · Active · Low risk

Ruth Holding ApS is a Private limited company (ApS), founded on , based in Hirtshals. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.2bn and a net result of DKK 207.4m. CEO: Gullak Arngrimsson Madsen, Peter Norman Christensen.

Bankruptcy risk for Ruth Holding ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · 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
43615165
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Cort Adelersvej 6
9850 Hirtshals
Municipality
Hjørring
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 300k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio87.8%
Current ratio666%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address14
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -3.8mDKK -3.2m
Net profitDKK 207.4mDKK 25.5m
EquityDKK 1.2bnDKK 986.3m
Total assetsDKK 1.4bnDKK 1.1bn
CashDKK 3.9m–
Short-term debtDKK 165.8m–
Avg. employees4–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025133
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 202385
1 Nov 2022 – 31 Dec 2022173

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
CEOGullak Arngrimsson MadsenCurrent
CEOPeter Norman ChristensenCurrent
BoardGullak Arngrimsson MadsenCurrent
BoardJens Christian Dahl OlesenCurrent
BoardAnnfinn Vitalis HansenCurrent
BoardTove Bech MadsenCurrent
Owner (100%)Gullak Arngrimsson MadsenCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderGullak Arngrimsson MadsenCurrent

The CEOs' other companies

Gullak Arngrimsson Madsen – 25 other companies, of which 2 bankrupt

Peter Norman Christensen – 3 other companies

Address history (0 moves)

Cort Adelersvej 6, 9850 Hirtshals

Former names

Ruth Holding ApS – now
G&T Holding Hirtshals ApS –

Other companies at the same address

Similar companies in Hjørring

Questions and answers about Ruth Holding ApS

Has Ruth Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Ruth Holding ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Ruth Holding ApS?

Gullak Arngrimsson Madsen, Peter Norman Christensen are the CEOs of Ruth Holding ApS.

Who is the auditor of Ruth Holding ApS?

Ruth Holding ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Ruth Holding ApS founded?

Ruth Holding ApS was founded on 1 November 2022.

What is the equity of Ruth Holding ApS?

Equity was DKK 1.2bn 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.