VPK CIV III ApS

CVR 44014041 · Private limited company (ApS) · Active · Low risk

VPK CIV III ApS is a Private limited company (ApS), founded on , based in Ry. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 91k and a net result of DKK -450. CEO: Klaus Bülow Davidsen, Jon Erik Risvig, Brian Vahlun Jørgensen.

Bankruptcy risk for VPK CIV III ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% 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×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Number of CEOs3+ · bankruptcy rate 4.0%0.46×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×

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
44014041
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Klostervej 28, st.
8680 Ry
Municipality
Skanderborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 130k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio10.2%
Current ratio11%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address21
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -750DKK -39k
Net profitDKK -450DKK -38k
EquityDKK 91kDKK 92k
Total assetsDKK 891kDKK 547k
CashDKK 90k–
Short-term debtDKK 800k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202583
1 Jan 2024 – 31 Dec 202483
25 Apr 2023 – 31 Dec 202385

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
CEOKlaus Bülow DavidsenCurrent
CEOJon Erik RisvigCurrent
CEOBrian Vahlun JørgensenCurrent
Owner (20%)Jorgos Holding ApSCurrent
Owner (25%)RY 49ERS B ApSCurrent
Owner (25%)MOFFOR INVEST ApSCurrent
Owner (25%)VPK CIV III PoolCo ApSCurrent
Owner (33%)RY 49ERS B ApS
Owner (33%)MOFFOR INVEST ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderRY 49ERS B ApSCurrent
FounderMOFFOR INVEST ApSCurrent
FounderJorgos Holding ApSCurrent

The CEOs' other companies

Klaus Bülow Davidsen – 41 other companies, of which 3 bankrupt

Jon Erik Risvig – 45 other companies, of which 3 bankrupt

Brian Vahlun Jørgensen – 17 other companies, of which 2 bankrupt

Address history (0 moves)

Klostervej 28, st., 8680 Ry

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about VPK CIV III ApS

Has VPK CIV III ApS gone bankrupt?

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

What is the bankruptcy risk of VPK CIV III ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of VPK CIV III ApS?

Klaus Bülow Davidsen, Jon Erik Risvig, Brian Vahlun Jørgensen are the CEOs of VPK CIV III ApS.

Who is the auditor of VPK CIV III ApS?

VPK CIV III ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was VPK CIV III ApS founded?

VPK CIV III ApS was founded on 25 April 2023.

What is the equity of VPK CIV III ApS?

Equity was DKK 91k 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.