Kingo Wind ApS

CVR 43921533 · Private limited company (ApS) · Active · Medium risk

Kingo Wind ApS is a Private limited company (ApS), founded on , based in Silkeborg. The company is registered in the industry genindvinding af materialer. 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 -1.4m and a net result of DKK -83k. CEO: John Jørgen Funch.

Bankruptcy risk for Kingo Wind 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×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · 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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
43921533
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
F.L.Smidths Vej 17
8600 Silkeborg
Municipality
Silkeborg
Industry
Genindvinding af materialer (382100)
Bankruptcies in the industry: Genbrug af sorterede materialer
Share capital
DKK 40k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-159.5%
Current ratio39%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -32kDKK -1.6mDKK -57k
Net profitDKK -83kDKK -1.4mDKK -45k
EquityDKK -1.4mDKK -1.4mDKK -5,037
Total assetsDKK 904kDKK 511kDKK 54k
CashDKK 7,341DKK 3,067–
Short-term debtDKK 2.3mDKK 1.9m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025141
1 Jan 2024 – 31 Dec 2024187 Late
15 Mar 2023 – 31 Dec 2023108

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
CEOJohn Jørgen FunchCurrent
CEOMichael Søndergaard
BoardThomas Kingo Hede KarlsenCurrent
BoardJohn Jørgen FunchCurrent
BoardHans TrærupCurrent
BoardEskild Lyngholm
BoardMichael Søndergaard
Owner (100%)KINGO KARLSEN A/SCurrent
Owner (100%)KINGO KARLSEN A/S
Owner (15%)CAMALA HOLDING ApS
Owner (67%)KINGO KARLSEN A/S
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderKINGO KARLSEN A/SCurrent

The CEOs' other companies

John Jørgen Funch – 13 other companies, of which 1 bankrupt

Michael Søndergaard – 13 other companies

Address history (0 moves)

F.L.Smidths Vej 17, 8600 Silkeborg

Other companies at the same address

Questions and answers about Kingo Wind ApS

Has Kingo Wind ApS gone bankrupt?

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

What is the bankruptcy risk of Kingo Wind 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 Kingo Wind ApS?

John Jørgen Funch is the CEO of Kingo Wind ApS.

Who is the auditor of Kingo Wind ApS?

Kingo Wind ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was Kingo Wind ApS founded?

Kingo Wind ApS was founded on 15 March 2023.

What is the equity of Kingo Wind ApS?

Equity was DKK -1.4m 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.