DUOX ApS

CVR 43981889 · Private limited company (ApS) · Active · High risk

DUOX ApS is a Private limited company (ApS), founded on , based in Brande. The company is registered in the industry investering for egen regning. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 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 33k and a net result of DKK -5,225. CEO: Ricko Hedelund.

Bankruptcy risk for DUOX ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
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
43981889
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Skovbrynet 96
7330 Brande
Municipality
Ikast-Brande
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityNo
Equity ratio94.0%
Current ratio3%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -2,225DKK 0DKK -474
Net profitDKK -5,225DKK -1,520DKK -465
EquityDKK 33kDKK 38kDKK 40k
Total assetsDKK 35kDKK 40kDKK 40k
CashDKK 46DKK 40k–
Short-term debtDKK 2,101DKK 1,619–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024181
3 Apr 2023 – 31 Dec 2023190 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
CEORicko HedelundCurrent
Owner (50%)Ricko HedelundCurrent
Owner (33%)Nicolai Hedelund NielsenCurrent
FounderRicko HedelundCurrent

The CEOs' other companies

Ricko Hedelund – 3 other companies, of which 1 bankrupt

Address history (0 moves)

Skovbrynet 96, 7330 Brande

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about DUOX ApS

Has DUOX ApS gone bankrupt?

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

What is the bankruptcy risk of DUOX ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of DUOX ApS?

Ricko Hedelund is the CEO of DUOX ApS.

When was DUOX ApS founded?

DUOX ApS was founded on 3 April 2023.

What is the equity of DUOX ApS?

Equity was DKK 33k 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.