Car Choice ApS

CVR 44895919 · Private limited company (ApS) · Active · High risk

Car Choice ApS is a Private limited company (ApS), founded on , based in Esbjerg N. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 562k and a net result of DKK -468k. CEO: Thomas Kragh.

Bankruptcy risk for Car Choice ApS

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% 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 address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Negative equityNo · bankruptcy rate 5.1%0.58×
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×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
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
44895919
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Oddesundvej 37
6715 Esbjerg N
Municipality
Esbjerg
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Auditor
Martinsen, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio13.1%
Current ratio115%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 606kDKK 1.6m
Net profitDKK -468kDKK 989k
EquityDKK 562kDKK 1.0m
Total assetsDKK 4.3mDKK 3.0m
Short-term debtDKK 3.7m–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025179
10 Jun 2024 – 31 Dec 2024125

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
CEOThomas KraghCurrent
Owner (100%)TK KRAGH HOLDING ApSCurrent
FounderTK KRAGH HOLDING ApSCurrent

The CEOs' other companies

Thomas Kragh – 1 other companies

Address history (1 moves)

Oddesundvej 37, 6715 Esbjerg N
Vinkelvej 8, 6600 Vejen

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about Car Choice ApS

Has Car Choice ApS gone bankrupt?

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

What is the bankruptcy risk of Car Choice ApS?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of Car Choice ApS?

Thomas Kragh is the CEO of Car Choice ApS.

Who is the auditor of Car Choice ApS?

Car Choice ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.

When was Car Choice ApS founded?

Car Choice ApS was founded on 10 June 2024.

What is the equity of Car Choice ApS?

Equity was DKK 562k 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.