Frederik Bay ApS

CVR 44479192 · Private limited company (ApS) · Active · Very high risk

Frederik Bay ApS is a Private limited company (ApS), founded on , based in Skive. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 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 -38k and a net result of DKK 134k. CEO: Frederik Bay Kristensen.

Bankruptcy risk for Frederik Bay ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×

Reduces the risk

Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
44479192
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Bakkedraget 1A
7800 Skive
Municipality
Skive
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
Dahl, Rask &amp; Partnere StatsautoriseretRevisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-0.5%
Current ratio28%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 638k–
Net profitDKK 134k–
EquityDKK -38k–
Total assetsDKK 8.3m–
CashDKK 455k–
Short-term debtDKK 4.1m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Dahl, Rask &amp; Partnere StatsautoriseretRevisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
6 Dec 2023 – 31 Dec 2024196 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
CEOFrederik Bay KristensenCurrent
Owner (100%)Frederik Bay KristensenCurrent
Owner (100%)Frederik Bay Holding ApS
FounderFrederik Bay Holding ApSCurrent

The CEOs' other companies

Frederik Bay Kristensen – 3 other companies, of which 1 bankrupt

Address history (1 moves)

Bakkedraget 1A, 7800 Skive
Torvegade 18B, st., 7800 Skive

Other companies at the same address

Similar companies in Skive

Questions and answers about Frederik Bay ApS

Has Frederik Bay ApS gone bankrupt?

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

What is the bankruptcy risk of Frederik Bay ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Frederik Bay ApS?

Frederik Bay Kristensen is the CEO of Frederik Bay ApS.

Who is the auditor of Frederik Bay ApS?

Frederik Bay ApS most recently used Dahl, Rask &amp; Partnere StatsautoriseretRevisionsaktieselskab.

When was Frederik Bay ApS founded?

Frederik Bay ApS was founded on 6 December 2023.

What is the equity of Frederik Bay ApS?

Equity was DKK -38k 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.