Odgaard Holding ApS

CVR 43688537 · Private limited company (ApS) · Active · Low risk

Odgaard Holding ApS is a Private limited company (ApS), founded on , based in Farsø. The company is registered in the industry investering for egen regning. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 2 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 410k and a net result of DKK 381k. CEO: Morten Rye Hagger Odgaard.

Bankruptcy risk for Odgaard Holding ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
43688537
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Morten Odgaard, Bonderupvej 4
9640 Farsø
Municipality
Vesthimmerlands
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
APEX Statsautoriserede revisorer ApS
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio70.0%
Current ratio334%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -30DKK -8,020
Net profitDKK 381kDKK -11k
EquityDKK 410kDKK 29k
Total assetsDKK 585kDKK 200k
CashDKK 585k–
Short-term debtDKK 175k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · APEX Statsautoriserede revisorer ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025188 Late
30 Nov 2022 – 30 Apr 2024141

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
CEOMorten Rye Hagger OdgaardCurrent
Owner (10%)Morten Rye Hagger OdgaardCurrent
Owner (90%)KRIS HOLDING NØRAGER ApSCurrent
FounderMorten Rye Hagger OdgaardCurrent
FounderKRIS HOLDING NØRAGER ApSCurrent

Address history (0 moves)

c/o Morten Odgaard, Bonderupvej 4, 9640 Farsø

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about Odgaard Holding ApS

Has Odgaard Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Odgaard Holding ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Odgaard Holding ApS?

Morten Rye Hagger Odgaard is the CEO of Odgaard Holding ApS.

Who is the auditor of Odgaard Holding ApS?

Odgaard Holding ApS most recently used APEX Statsautoriserede revisorer ApS.

When was Odgaard Holding ApS founded?

Odgaard Holding ApS was founded on 30 November 2022.

What is the equity of Odgaard Holding ApS?

Equity was DKK 410k according to the annual report for the period ending 30 April 2025.

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