Formue Aarhusbugten ApS

CVR 44710242 · Private limited company (ApS) · Active · Medium risk

Formue Aarhusbugten ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry andre aktiviteter i forbindelse med finansielle tjenesteydelser, undtagen forsikring og pensionsforsikring. 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 -589k and a net result of DKK -298k. CEO: Kim Pagano Sauer.

Bankruptcy risk for Formue Aarhusbugten 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

Moves in the last 2 years3+ · bankruptcy rate 41.0%4.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Age (years)2 yrs · bankruptcy rate 18.9%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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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×
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
44710242
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Banegårdspladsen 20, 2. tv
8000 Aarhus C
Municipality
Aarhus
Industry
Andre aktiviteter i forbindelse med finansielle tjenesteydelser, undtagen forsikring og pensionsforsikring (661900)
Bankruptcies in the industry: Formueforvaltning
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-291.2%
Current ratio322%
Moves (last 2 years)3
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address44
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -207kDKK -174k
Net profitDKK -298kDKK -331k
EquityDKK -589kDKK -291k
Total assetsDKK 202kDKK 123k
CashDKK 124k–
Short-term debtDKK 48k–
Avg. employees2–

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 202564
19 Mar 2024 – 31 Dec 2024181

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
CEOKim Pagano SauerCurrent
Owner (100%)Kim Pagano SauerCurrent
FounderKim Pagano SauerCurrent

Address history (4 moves)

Banegårdspladsen 20, 2. tv, 8000 Aarhus C
Europaplads 2, 7., 8000 Aarhus C
Dalgas Avenue 40, 8000 Aarhus C
c/o Kim Pagano Sauer, Dalgas Avenue 40, 1., 8000 Aarhus C
Erling Jacobsens Gade 47, 1. th, 8240 Risskov

Former names

Formue Aarhusbugten ApS – now
Secure Spectrum Aarhusbugten ApS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Formue Aarhusbugten ApS

Has Formue Aarhusbugten ApS gone bankrupt?

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

What is the bankruptcy risk of Formue Aarhusbugten 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 Formue Aarhusbugten ApS?

Kim Pagano Sauer is the CEO of Formue Aarhusbugten ApS.

Who is the auditor of Formue Aarhusbugten ApS?

Formue Aarhusbugten ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Formue Aarhusbugten ApS founded?

Formue Aarhusbugten ApS was founded on 19 March 2024.

What is the equity of Formue Aarhusbugten ApS?

Equity was DKK -589k 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.