Faroe Islands Hotels & Restaurants Adm ApS

CVR 44705907 · Private limited company (ApS) · Active · Medium risk

Faroe Islands Hotels & Restaurants Adm ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry administrations- og kontorserviceaktiviteter. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 256k and a net result of DKK 103k. CEO: Sjúrður Pállson Horsdal.

Bankruptcy risk for Faroe Islands Hotels & Restaurants Adm ApS

1.9%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 82% 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×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
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
44705907
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Polensgade 9, 3. th
2300 København S
Municipality
København
Industry
Administrations- og kontorserviceaktiviteter (821000)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio18.1%
Current ratio123%
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 year20252024
Gross profitDKK 201kDKK 32k
Net profitDKK 103kDKK -6,536
EquityDKK 256kDKK 93k
Total assetsDKK 1.4mDKK 949k
CashDKK 1.1mDKK 889k
Short-term debtDKK 1.1mDKK 846k
Tax owedDKK 45k–
Avg. employees11

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
8 Mar 2024 – 31 Dec 2024177

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
CEOSjúrður Pállson HorsdalCurrent
Owner (100%)Gist & Vist PFCurrent
FounderGist & Vist PFCurrent

The CEOs' other companies

Sjúrður Pállson Horsdal – 1 other companies

Address history (1 moves)

Polensgade 9, 3. th, 2300 København S
Dalslandsgade 8L, 6. 705, 2300 København S

Other companies at the same address

Similar companies in København

Questions and answers about Faroe Islands Hotels & Restaurants Adm ApS

Has Faroe Islands Hotels & Restaurants Adm ApS gone bankrupt?

No, Faroe Islands Hotels & Restaurants Adm ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Faroe Islands Hotels & Restaurants Adm ApS?

Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of Faroe Islands Hotels & Restaurants Adm ApS?

Sjúrður Pállson Horsdal is the CEO of Faroe Islands Hotels & Restaurants Adm ApS.

Who is the auditor of Faroe Islands Hotels & Restaurants Adm ApS?

Faroe Islands Hotels & Restaurants Adm ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Faroe Islands Hotels & Restaurants Adm ApS founded?

Faroe Islands Hotels & Restaurants Adm ApS was founded on 8 March 2024.

What is the equity of Faroe Islands Hotels & Restaurants Adm ApS?

Equity was DKK 256k 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.