CG Biocomposite ApS

CVR 44258889 · Private limited company (ApS) · Active · Medium risk

CG Biocomposite ApS is a Private limited company (ApS), founded on , based in København SV. The company is registered in the industry fremstilling af plastemballage. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 2 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 35k and a net result of DKK -4,943. CEO: Mads Spur-Mortensen.

Bankruptcy risk for CG Biocomposite ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
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×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Negative equityNo · bankruptcy rate 5.1%0.58×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
44258889
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Ved Stigbordene 39, 2. tv
2450 København SV
Municipality
København
Industry
Fremstilling af plastemballage (222200)
Bankruptcies in the industry: Fremstilling af andre plastprodukter
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio14.5%
Current ratio5%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -4,943DKK -8,935DKK 0
Net profitDKK -4,943DKK -8,935DKK 0
EquityDKK 35kDKK 31kDKK 0
Total assetsDKK 242kDKK 224kDKK 0
CashDKK 0DKK 83k–
Short-term debtDKK 207kDKK 193k–
Avg. employees–0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
25 Aug 2023 – 31 Dec 2024323 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
CEOMads Spur-MortensenCurrent
CEOMads Spur-Mortensen
Owner (100%)EAE ApSCurrent
FounderEAE ApSCurrent

The CEOs' other companies

Mads Spur-Mortensen – 5 other companies, of which 1 bankrupt

Address history (1 moves)

Ved Stigbordene 39, 2. tv, 2450 København SV
Ved Stigbordene 39, 2. tv, 2450 København SV

Other companies at the same address

Similar companies in København

Questions and answers about CG Biocomposite ApS

Has CG Biocomposite ApS gone bankrupt?

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

What is the bankruptcy risk of CG Biocomposite ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of CG Biocomposite ApS?

Mads Spur-Mortensen is the CEO of CG Biocomposite ApS.

When was CG Biocomposite ApS founded?

CG Biocomposite ApS was founded on 25 August 2023.

What is the equity of CG Biocomposite ApS?

Equity was DKK 35k 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.