Frederik & Frederik Watches ApS

CVR 44602679 · Private limited company (ApS) · Active · Low risk

Frederik & Frederik Watches ApS is a Private limited company (ApS), founded on , based in Kerteminde. The company is registered in the industry detailhandel med ure og smykker. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 2 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 23k and a net result of DKK 6,909. CEO: Frederik Sabro Kerdil, Frederik Storm.

Bankruptcy risk for Frederik & Frederik Watches ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% 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×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · 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
44602679
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Vestergade 16, st. 16e
5300 Kerteminde
Municipality
Kerteminde
Industry
Detailhandel med ure og smykker (477700)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Skov Revision
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio19.2%
Current ratio272%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 10kDKK -23k
Net profitDKK 6,909DKK -24k
EquityDKK 23kDKK 16k
Total assetsDKK 120kDKK 60k
CashDKK 65k–
Short-term debtDKK 44k–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 202581
23 Jan 2024 – 30 Jun 2024117

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 Sabro KerdilCurrent
CEOFrederik StormCurrent
Owner (50%)Frederik Sabro KerdilCurrent
Owner (50%)Frederik StormCurrent
FounderFrederik Sabro KerdilCurrent
FounderFrederik StormCurrent

The CEOs' other companies

Frederik Sabro Kerdil – 1 other companies

Frederik Storm – 1 other companies

Address history (1 moves)

Vestergade 16, st. 16e, 5300 Kerteminde
Mølleløkken 107, 5300 Kerteminde

Other companies at the same address

Similar companies in Kerteminde

Questions and answers about Frederik & Frederik Watches ApS

Has Frederik & Frederik Watches ApS gone bankrupt?

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

What is the bankruptcy risk of Frederik & Frederik Watches ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Frederik & Frederik Watches ApS?

Frederik Sabro Kerdil, Frederik Storm are the CEOs of Frederik & Frederik Watches ApS.

Who is the auditor of Frederik & Frederik Watches ApS?

Frederik & Frederik Watches ApS most recently used Skov Revision.

When was Frederik & Frederik Watches ApS founded?

Frederik & Frederik Watches ApS was founded on 23 January 2024.

What is the equity of Frederik & Frederik Watches ApS?

Equity was DKK 23k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.