KF Biofyr ApS

CVR 44114836 · Private limited company (ApS) · Active · Low risk

KF Biofyr ApS is a Private limited company (ApS), founded on , based in Pandrup. The company is registered in the industry fremstilling af ovne, ildsteder og fyringsaggregater til boligopvarmning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 5.0m and a net result of DKK 663k. CEO: Michael Leth.

Bankruptcy risk for KF Biofyr ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
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×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×

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
44114836
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Hjulmagervej 12
9490 Pandrup
Municipality
Jammerbugt
Industry
Fremstilling af ovne, ildsteder og fyringsaggregater til boligopvarmning (282100)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 400k
Auditor
Dansk Revision Wulff & Haaning, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio62.0%
Current ratio255%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 5.6mDKK 3.9m
Net profitDKK 663kDKK -500k
EquityDKK 5.0mDKK 4.3m
Total assetsDKK 8.1mDKK 5.2m
CashDKK 594k–
Short-term debtDKK 2.9m–
Avg. employees7–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Dansk Revision Wulff &amp; Haaning, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025113
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023110
1 Jan 2022 – 31 Dec 2022177

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
CEOMichael LethCurrent
BoardJesper KlithCurrent
BoardJens AgergaardCurrent
BoardJens Schak AndreasenCurrent
BoardSteffen Graves Silberbauer
Owner (100%)Kaas Staalbyg Holding ApSCurrent
AuditorDansk Revision Wulff & Haaning, Godkendt RevisionspartnerselskabCurrent

The CEOs' other companies

Michael Leth – 6 other companies, of which 2 bankrupt

Address history (0 moves)

Hjulmagervej 12, 9490 Pandrup

Other companies at the same address

Questions and answers about KF Biofyr ApS

Has KF Biofyr ApS gone bankrupt?

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

What is the bankruptcy risk of KF Biofyr ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of KF Biofyr ApS?

Michael Leth is the CEO of KF Biofyr ApS.

Who is the auditor of KF Biofyr ApS?

KF Biofyr ApS most recently used Dansk Revision Wulff & Haaning, Godkendt Revisionspartnerselskab.

When was KF Biofyr ApS founded?

KF Biofyr ApS was founded on 13 June 2023.

What is the equity of KF Biofyr ApS?

Equity was DKK 5.0m 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.