KEL Development ApS

CVR 43939858 · Private limited company (ApS) · Active · High risk

KEL Development ApS is a Private limited company (ApS), founded on , based in Vejby. The company is registered in the industry detailhandel med brugte varer. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 2 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -385k and a net result of DKK -211k. CEO: Karin Hansen.

Bankruptcy risk for KEL Development ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
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×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
43939858
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Askemosevejen 32
3210 Vejby
Municipality
Gribskov
Industry
Detailhandel med brugte varer (477900)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
CROWE STATSAUTORISERET REVISIONSINTERESSENTSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-92.2%
Current ratio53%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 528kDKK 357k
Net profitDKK -211kDKK -214k
EquityDKK -385kDKK -174k
Total assetsDKK 418kDKK 731k
CashDKK 168kDKK 118k
Short-term debtDKK 374kDKK 256k
Avg. employees22

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025245 Late
16 Mar 2023 – 30 Jun 2024199 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
CEOKarin HansenCurrent
CEOKarin Hansen
Owner (50%)Karin HansenCurrent
Owner (50%)NIKNOK HOLDING ApSCurrent
AuditorCROWE STATSAUTORISERET REVISIONSINTERESSENTSKABCurrent
AuditorCROWE STATSAUTORISERET REVISIONSINTERESSENTSKAB
FounderKarin HansenCurrent
FounderNIKNOK HOLDING ApSCurrent

Address history (1 moves)

Askemosevejen 32, 3210 Vejby
Askemosevejen 32, 3210 Vejby

Other companies at the same address

Similar companies in Gribskov

Questions and answers about KEL Development ApS

Has KEL Development ApS gone bankrupt?

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

What is the bankruptcy risk of KEL Development ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of KEL Development ApS?

Karin Hansen is the CEO of KEL Development ApS.

Who is the auditor of KEL Development ApS?

KEL Development ApS most recently used CROWE STATSAUTORISERET REVISIONSINTERESSENTSKAB.

When was KEL Development ApS founded?

KEL Development ApS was founded on 16 March 2023.

What is the equity of KEL Development ApS?

Equity was DKK -385k according to the annual report for the period ending 30 June 2025.

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