Horsager ApS

CVR 44121808 · Private limited company (ApS) · Active · Low risk

Horsager ApS is a Private limited company (ApS), founded on , based in Erslev. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.3m and a net result of DKK 120k. CEO: Henrik Horsager Søndergaard.

Bankruptcy risk for Horsager 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

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
44121808
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Kr Koldsvej 17
7950 Erslev
Municipality
Morsø
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
ReviFjord
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio99.9%
Current ratio48,188%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -1,957DKK -657DKK -4,420
Net profitDKK 120kDKK 240kDKK 212k
EquityDKK 1.3mDKK 1.3mDKK 1.2m
Total assetsDKK 1.3mDKK 1.3mDKK 1.2m
CashDKK 26kDKK 227k–
Short-term debtDKK 798DKK 67k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024180
12 Jun 2023 – 31 Dec 2023179

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
CEOHenrik Horsager SøndergaardCurrent
Owner (100%)Henrik Horsager SøndergaardCurrent
FounderHenrik Horsager SøndergaardCurrent

The CEOs' other companies

Henrik Horsager Søndergaard – 1 other companies

Address history (0 moves)

Kr Koldsvej 17, 7950 Erslev

Other companies at the same address

Similar companies in Morsø

Questions and answers about Horsager ApS

Has Horsager ApS gone bankrupt?

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

What is the bankruptcy risk of Horsager 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 Horsager ApS?

Henrik Horsager Søndergaard is the CEO of Horsager ApS.

Who is the auditor of Horsager ApS?

Horsager ApS most recently used ReviFjord.

When was Horsager ApS founded?

Horsager ApS was founded on 12 June 2023.

What is the equity of Horsager ApS?

Equity was DKK 1.3m 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.