TwoMulligans ApS

CVR 44818507 · Private limited company (ApS) · Active · Medium risk

TwoMulligans ApS is a Private limited company (ApS), founded on , based in Holstebro. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 2.6% 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 12k and a net result of DKK -15k. CEO: Claus Rusberg.

Bankruptcy risk for TwoMulligans ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Registered owners3 · bankruptcy rate 6.2%0.71×
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
44818507
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Lilleåvej 35
7500 Holstebro
Municipality
Holstebro
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio7.0%
Current ratio108%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -13kDKK -16k
Net profitDKK -15kDKK -12k
EquityDKK 12kDKK 28k
Total assetsDKK 175kDKK 289k
CashDKK 5,240DKK 131k
Short-term debtDKK 163kDKK 262k
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025153
6 May 2024 – 31 Dec 2024157

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
CEOClaus RusbergCurrent
Owner (50%)CR INVEST ApSCurrent
Owner (25%)BHR Holding ApSCurrent
Owner (20%)EgHolding ApSCurrent
Owner (10%)EgHolding ApS
Owner (10%)Sixhøj Holding ApS
FounderCR INVEST ApSCurrent
FounderBHR Holding ApSCurrent
FounderEgHolding ApSCurrent
FounderSixhøj Holding ApSCurrent

The CEOs' other companies

Claus Rusberg – 8 other companies

Address history (0 moves)

Lilleåvej 35, 7500 Holstebro

Other companies at the same address

Similar companies in Holstebro

Questions and answers about TwoMulligans ApS

Has TwoMulligans ApS gone bankrupt?

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

What is the bankruptcy risk of TwoMulligans ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of TwoMulligans ApS?

Claus Rusberg is the CEO of TwoMulligans ApS.

When was TwoMulligans ApS founded?

TwoMulligans ApS was founded on 6 May 2024.

What is the equity of TwoMulligans ApS?

Equity was DKK 12k 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.