Danish Bakers ApS

CVR 43771930 · Private limited company (ApS) · Active · Medium risk

Danish Bakers ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry fremstilling af friske bageriprodukter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 3 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -1.3m and a net result of DKK -36k. CEO: Per Snitgaard.

Bankruptcy risk for Danish Bakers ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
43771930
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Ortenvej 80
6800 Varde
Municipality
Varde
Industry
Fremstilling af friske bageriprodukter (107120)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 1.0m
Auditor
Martinsen, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-94.5%
Current ratio30%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address19
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 3.3mDKK 2.9mDKK 2.2m
Net profitDKK -36kDKK -965kDKK -1.3m
EquityDKK -1.3mDKK -1.2mDKK -283k
Total assetsDKK 1.4mDKK 1.1mDKK 1.3m
CashDKK 187kDKK 106k–
Short-term debtDKK 2.6mDKK 2.3m–
Avg. employees810–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 2024155
1 Jan 2023 – 31 Dec 2023191 Late

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
CEOPer SnitgaardCurrent
BoardSteffen Abild JensenCurrent
BoardPer SnitgaardCurrent
BoardMartin Bøgh JensenCurrent
Owner (50%)Per SnitgaardCurrent
Owner (50%)Trillis Capital Partners A/SCurrent
FounderPer SnitgaardCurrent
FounderTrillis Capital Partners A/SCurrent

Address history (0 moves)

Ortenvej 80, 6800 Varde

Other companies at the same address

Similar companies in Varde

Questions and answers about Danish Bakers ApS

Has Danish Bakers ApS gone bankrupt?

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

What is the bankruptcy risk of Danish Bakers ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Danish Bakers ApS?

Per Snitgaard is the CEO of Danish Bakers ApS.

Who is the auditor of Danish Bakers ApS?

Danish Bakers ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.

When was Danish Bakers ApS founded?

Danish Bakers ApS was founded on 1 January 2023.

What is the equity of Danish Bakers ApS?

Equity was DKK -1.3m 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.