FREL Invest ApS

CVR 44519593 · Private limited company (ApS) · Active · Low risk

FREL Invest ApS is a Private limited company (ApS), founded on , based in Herning. 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 0.0 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 2.4m and a net result of DKK 95k. CEO: Frank Elkjær.

Bankruptcy risk for FREL Invest ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
44519593
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
c/o Frank Elkjær, Dalgasgade 7
7400 Herning
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Egelund Revision
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio98.7%
Current ratio7,638%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 0DKK 0DKK 0
Gross profitDKK 0DKK 0DKK 1.4m
Net profitDKK 95kDKK 29kDKK 1.4m
EquityDKK 2.4mDKK 2.4mDKK 2.4m
Total assetsDKK 2.4mDKK 2.4mDKK 2.4m
CashDKK 130kDKK 2.4m–
Short-term debtDKK 32kDKK 14k–
Tax owedDKK 22kDKK 6,182–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025159
1 Jan 2024 – 31 Dec 2024142
1 Jan 2023 – 31 Dec 2023151

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
CEOFrank ElkjærCurrent
Owner (100%)Frank ElkjærCurrent
AuditorEGELUND REVISIONV/F EGELUND

The CEOs' other companies

Frank Elkjær – 7 other companies

Address history (1 moves)

c/o Frank Elkjær, Dalgasgade 7, 7400 Herning
c/o Frank Elkjær, Hyrdetasken 27, 8700 Horsens

Other companies at the same address

Similar companies in Herning

Questions and answers about FREL Invest ApS

Has FREL Invest ApS gone bankrupt?

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

What is the bankruptcy risk of FREL Invest ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of FREL Invest ApS?

Frank Elkjær is the CEO of FREL Invest ApS.

Who is the auditor of FREL Invest ApS?

FREL Invest ApS most recently used Egelund Revision.

When was FREL Invest ApS founded?

FREL Invest ApS was founded on 22 December 2023.

What is the equity of FREL Invest ApS?

Equity was DKK 2.4m 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.