FSGHolding ApS

CVR 44518503 · Private limited company (ApS) · Active · Medium risk

FSGHolding ApS is a Private limited company (ApS), founded on , based in Ringsted. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 124k and a net result of DKK 130k. CEO: Frederik Scheel Germuth.

Bankruptcy risk for FSGHolding ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · 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

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
44518503
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Kastrupvej 25
4100 Ringsted
Municipality
Ringsted
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio79.2%
Current ratio71%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Revenue–DKK 0
Gross profit–DKK -5,750
Net profitDKK 130kDKK -46k
EquityDKK 124kDKK -5,750
Total assetsDKK 157kDKK 0
CashDKK 55DKK 0
Short-term debtDKK 33kDKK 5,750
Tax owedDKK 20k–
Avg. employees00

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025156
20 Dec 2023 – 31 Dec 2024174

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 Scheel GermuthCurrent
Owner (100%)Frederik Scheel GermuthCurrent
FounderFrederik Scheel GermuthCurrent

The CEOs' other companies

Frederik Scheel Germuth – 1 other companies

Address history (1 moves)

Kastrupvej 25, 4100 Ringsted
Kastrupvej 25, 4100 Ringsted

Other companies at the same address

Similar companies in Ringsted

Questions and answers about FSGHolding ApS

Has FSGHolding ApS gone bankrupt?

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

What is the bankruptcy risk of FSGHolding ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of FSGHolding ApS?

Frederik Scheel Germuth is the CEO of FSGHolding ApS.

When was FSGHolding ApS founded?

FSGHolding ApS was founded on 20 December 2023.

What is the equity of FSGHolding ApS?

Equity was DKK 124k 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.