Green Combustion Engines ApS

CVR 43702750 · Private limited company (ApS) · Active · Low risk

Green Combustion Engines ApS is a Private limited company (ApS), founded on , based in Hurup Thy. The company is registered in the industry forskning og eksperimentel udvikling inden for naturvidenskab og teknik. 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 18k and a net result of DKK -12k. CEO: Gert Rasmus Fink Højen.

Bankruptcy risk for Green Combustion Engines 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Has a boardYes · bankruptcy rate 6.0%0.68×
Registered owners3 · bankruptcy rate 6.2%0.71×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×

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
43702750
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Oddesundvej 282
7760 Hurup Thy
Municipality
Thisted
Industry
Forskning og eksperimentel udvikling inden for naturvidenskab og teknik (721000)
Bankruptcies in the industry: Anden forskning og eksperimentel udvikling inden for naturvidenskab og teknik
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio93.4%
Current ratio1,522%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -12k–
Net profitDKK -12kDKK 0
EquityDKK 18kDKK 29k
Total assetsDKK 19kDKK 29k
CashDKK 19k–
Short-term debtDKK 1,250–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024177
9 Dec 2022 – 31 Dec 2023179

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
CEOGert Rasmus Fink HøjenCurrent
BoardKarsten René KjeldsenCurrent
BoardGert Rasmus Fink HøjenCurrent
BoardMartin Raaby SkouCurrent
Owner (25%)RAABY HOLDING ApSCurrent
Owner (25%)KK Autoteknik ApSCurrent
Owner (25%)RM Holding, Thy ApSCurrent
FounderRAABY HOLDING ApSCurrent
FounderKK Autoteknik ApSCurrent
FounderRM Holding, Thy ApSCurrent

The CEOs' other companies

Gert Rasmus Fink Højen – 5 other companies

Address history (1 moves)

Oddesundvej 282, 7760 Hurup Thy
Oddesundvej 282, 7760 Hurup Thy

Other companies at the same address

Similar companies in Thisted

Questions and answers about Green Combustion Engines ApS

Has Green Combustion Engines ApS gone bankrupt?

No, Green Combustion Engines ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Green Combustion Engines 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 Green Combustion Engines ApS?

Gert Rasmus Fink Højen is the CEO of Green Combustion Engines ApS.

When was Green Combustion Engines ApS founded?

Green Combustion Engines ApS was founded on 9 December 2022.

What is the equity of Green Combustion Engines ApS?

Equity was DKK 18k 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.