Multiform Herning ApS

CVR 44754770 · Private limited company (ApS) · Active · Medium risk

Multiform Herning ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry detailhandel med bad- og køkkenelementer mv.. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 154k and a net result of DKK 85k. CEO: Jesper Sandfeld.

Bankruptcy risk for Multiform Herning ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% 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×
Current ratio50%–100% · bankruptcy rate 11.7%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

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×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
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
44754770
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Søndergade 5
7400 Herning
Municipality
Herning
Industry
Detailhandel med bad- og køkkenelementer mv. (475520)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Blicher Revision &amp; Rådgivning, StatsautoriseretRevisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio7.4%
Current ratio67%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 432kDKK 44k
Net profitDKK 85kDKK 29k
EquityDKK 154kDKK 69k
Total assetsDKK 2.1mDKK 1.4m
CashDKK 759k–
Short-term debtDKK 1.8m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Blicher Revision &amp; Rådgivning, StatsautoriseretRevisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202535
5 Apr 2024 – 31 Dec 202434

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 SandfeldCurrent
Owner (100%)Sandfeld holding ApSCurrent
FounderSandfeld holding ApSCurrent

The CEOs' other companies

Jesper Sandfeld – 2 other companies

Address history (1 moves)

Søndergade 5, 7400 Herning
Møllegaarden 213, 6933 Kibæk

Other companies at the same address

Similar companies in Herning

Questions and answers about Multiform Herning ApS

Has Multiform Herning ApS gone bankrupt?

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

What is the bankruptcy risk of Multiform Herning ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of Multiform Herning ApS?

Jesper Sandfeld is the CEO of Multiform Herning ApS.

Who is the auditor of Multiform Herning ApS?

Multiform Herning ApS most recently used Blicher Revision &amp; Rådgivning, StatsautoriseretRevisionsaktieselskab.

When was Multiform Herning ApS founded?

Multiform Herning ApS was founded on 5 April 2024.

What is the equity of Multiform Herning ApS?

Equity was DKK 154k 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.