Craft-værk ApS

CVR 44722798 · Private limited company (ApS) · Active · Medium risk

Craft-værk ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry undervisning på gymnasier, studenter- og hf-kurser. Our model estimates a bankruptcy risk of 2.7% over the next 12 months, which is 1.9 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -180k and a net result of DKK -68k. CEO: Jesper Nørgaard, Ulrik Hvidbjerg Løvdal.

Bankruptcy risk for Craft-værk ApS

2.7%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

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×
Number of CEOs2 · 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
44722798
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Knudmosevej 36
7400 Herning
Municipality
Herning
Industry
Undervisning på gymnasier, studenter- og HF-kurser (853120)
Bankruptcies in the industry: Anden undervisning i.a.n.
Share capital
DKK 40k
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-219.8%
Current ratio31%
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
Gross profitDKK 2.9mDKK 914k
Net profitDKK -68kDKK -152k
EquityDKK -180kDKK -112k
Total assetsDKK 82kDKK 283k
CashDKK 55k–
Short-term debtDKK 262k–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
25 Mar 2024 – 31 Dec 2024162

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
CEOJesper NørgaardCurrent
CEOUlrik Hvidbjerg LøvdalCurrent
Owner (50%)Jesper NørgaardCurrent
Owner (50%)Ulrik Hvidbjerg LøvdalCurrent
FounderJesper NørgaardCurrent
FounderUlrik Hvidbjerg LøvdalCurrent

The CEOs' other companies

Jesper Nørgaard – 1 other companies

Ulrik Hvidbjerg Løvdal – 1 other companies

Address history (0 moves)

Knudmosevej 36, 7400 Herning

Other companies at the same address

Questions and answers about Craft-værk ApS

Has Craft-værk ApS gone bankrupt?

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

What is the bankruptcy risk of Craft-værk ApS?

Our model estimates a bankruptcy risk of 2.7% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of Craft-værk ApS?

Jesper Nørgaard, Ulrik Hvidbjerg Løvdal are the CEOs of Craft-værk ApS.

Who is the auditor of Craft-værk ApS?

Craft-værk ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was Craft-værk ApS founded?

Craft-værk ApS was founded on 25 March 2024.

What is the equity of Craft-værk ApS?

Equity was DKK -180k 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.