Kevin Brandsborg Racing ApS

CVR 43894870 · Private limited company (ApS) · Active · Medium risk

Kevin Brandsborg Racing ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry formidlingsaktiviteter inden for forretningsservice i.a.n.. 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. The latest annual report (31 Dec 2025) shows equity of DKK -146k and a net result of DKK -7,935. CEO: Kevin Brandsborg.

Bankruptcy risk for Kevin Brandsborg Racing 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×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
43894870
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Ortenvej 12
6800 Varde
Municipality
Varde
Industry
Formidlingsaktiviteter inden for forretningsservice i.a.n. (824000)
Bankruptcies in the industry: Rejsearrangører
Share capital
DKK 40k
Auditor
Martinsen, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-80.8%
Current ratio55%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1,935DKK 2,784
Net profitDKK -7,935DKK 68
EquityDKK -146kDKK -138k
Total assetsDKK 181kDKK 193k
CashDKK 70k–
Short-term debtDKK 327k–
Avg. employees0–

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 2025176
1 Jan 2024 – 31 Dec 2024172
3 Mar 2023 – 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
CEOKevin BrandsborgCurrent
Owner (100%)Kevin BrandsborgCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderKevin BrandsborgCurrent

Address history (0 moves)

Ortenvej 12, 6800 Varde

Similar companies in Varde

Questions and answers about Kevin Brandsborg Racing ApS

Has Kevin Brandsborg Racing ApS gone bankrupt?

No, Kevin Brandsborg Racing ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Kevin Brandsborg Racing 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 Kevin Brandsborg Racing ApS?

Kevin Brandsborg is the CEO of Kevin Brandsborg Racing ApS.

Who is the auditor of Kevin Brandsborg Racing ApS?

Kevin Brandsborg Racing ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.

When was Kevin Brandsborg Racing ApS founded?

Kevin Brandsborg Racing ApS was founded on 3 March 2023.

What is the equity of Kevin Brandsborg Racing ApS?

Equity was DKK -146k 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.