GP Watches ApS

CVR 44828499 · Private limited company (ApS) · Active · High risk

GP Watches ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry detailhandel med ure og smykker. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 27k and a net result of DKK 305k.

Bankruptcy risk for GP Watches ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% 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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×

Reduces the risk

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×
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×

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
44828499
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Rosenkrantzgade 10C, st.
8000 Aarhus C
Municipality
Aarhus
Industry
Detailhandel med ure og smykker (477700)
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 ratio0.7%
Current ratio100%
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 730kDKK -229k
Net profitDKK 305kDKK -318k
EquityDKK 27kDKK -278k
Total assetsDKK 3.7mDKK 2.9m
CashDKK 523k–
Short-term debtDKK 3.7m–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202537
5 May 2024 – 31 Dec 2024169

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
Owner (100%)Mikkel GP Holding ApSCurrent
FounderMikkel GP Holding ApSCurrent

Address history (2 moves)

Rosenkrantzgade 10C, st., 8000 Aarhus C
Margrethepladsen 2, 8000 Aarhus C
Guldsmedgade 27, 8000 Aarhus C

Other companies at the same address

Similar companies in Aarhus

Questions and answers about GP Watches ApS

Has GP Watches ApS gone bankrupt?

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

What is the bankruptcy risk of GP Watches ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

When was GP Watches ApS founded?

GP Watches ApS was founded on 5 May 2024.

What is the equity of GP Watches ApS?

Equity was DKK 27k 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.