Vanguard Logistics Services (Denmark) ApS

CVR 44053373 · Private limited company (ApS) · Active · Very high risk

Vanguard Logistics Services (Denmark) ApS is a Private limited company (ApS), founded on , based in Gistrup. The company is registered in the industry sø- og kysttransport af gods. Our model estimates a bankruptcy risk of 21.6% over the next 12 months, which is 15.3 times the average for Danish companies. 3 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -509k and a net result of DKK -13k. CEO: Ian Gill.

Bankruptcy risk for Vanguard Logistics Services (Denmark) ApS

21.6%
probability of bankruptcy within 12 months
Very high risk

15.3 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
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×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
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×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
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
44053373
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Gunderupvej 16
9260 Gistrup
Municipality
Aalborg
Industry
Sø- og kysttransport af gods (502000)
Bankruptcies in the industry: Sø- og kysttransport af gods
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-81.9%
Current ratio57%
Moves (last 2 years)2
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address34
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 64kDKK -438kDKK -49k
Net profitDKK -13kDKK -493kDKK -42k
EquityDKK -509kDKK -495kDKK -2,103
Total assetsDKK 621kDKK 1.1mDKK 527k
CashDKK 267kDKK 170k–
Short-term debtDKK 1.1mDKK 1.3m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025214 Late
1 Jan 2024 – 31 Dec 2024192 Late
15 May 2023 – 31 Dec 2023194 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
CEOIan GillCurrent
CEOBram Ceulemans
CEOGraham Cousins
BoardEmma CowellCurrent
BoardIan GillCurrent
BoardJeffrey John Krijn Hoogesteger
BoardCurt Martin Karlsson
BoardGraham Cousins
BoardMaria Lopez Bruzon
Owner (100%)OTS Logistics Belgium NVCurrent
FounderOTS Logistics Belgium NVCurrent

Address history (2 moves)

Gunderupvej 16, 9260 Gistrup
c/o BDO Statsautoriseret Revisionsakti, Vestre Ringgade 28, 8000 Aarhus C
c/o BDO Statsautoriseret Revisionsakti, Kystvejen 29, 8000 Aarhus C

Former names

Vanguard Logistics Services (Denmark) ApS – now
Vangaurd Logistics Services (Denmark) ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Vanguard Logistics Services (Denmark) ApS

Has Vanguard Logistics Services (Denmark) ApS gone bankrupt?

No, Vanguard Logistics Services (Denmark) ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Vanguard Logistics Services (Denmark) ApS?

Our model estimates a bankruptcy risk of 21.6% over the next 12 months (very high risk), which is 15.3 times the average for Danish companies.

Who is the CEO of Vanguard Logistics Services (Denmark) ApS?

Ian Gill is the CEO of Vanguard Logistics Services (Denmark) ApS.

Who is the auditor of Vanguard Logistics Services (Denmark) ApS?

Vanguard Logistics Services (Denmark) ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Vanguard Logistics Services (Denmark) ApS founded?

Vanguard Logistics Services (Denmark) ApS was founded on 15 May 2023.

What is the equity of Vanguard Logistics Services (Denmark) ApS?

Equity was DKK -509k 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.