Ginge VVS ApS

CVR 44908441 · Private limited company (ApS) · Active · Very high risk

Ginge VVS ApS is a Private limited company (ApS), founded on , based in Hadsten. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 13.3% over the next 12 months, which is 9.4 times the average for Danish companies. 1 annual report has been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Nov 2025) shows equity of DKK 112k and a net result of DKK 72k. CEO: Simon Ginge Nielsen.

Bankruptcy risk for Ginge VVS ApS

13.3%
probability of bankruptcy within 12 months
Very high risk

9.4 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Equity ratio20%–40% · 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
44908441
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Solsortevej 19
8370 Hadsten
Municipality
Favrskov
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 1
Missing annual reportNo
Negative equityNo
Equity ratio26.5%
Current ratio123%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK 578k
Net profitDKK 72k
EquityDKK 112k
Total assetsDKK 423k
CashDKK 218k
Short-term debtDKK 291k

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

Filed annual reports

Reporting periodPublishedDays after period end
18 Jun 2024 – 30 Nov 2025186 Late

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
CEOSimon Ginge NielsenCurrent
Owner (100%)Simon Ginge NielsenCurrent
FounderSimon Ginge NielsenCurrent

Address history (0 moves)

Solsortevej 19, 8370 Hadsten

Similar companies in Favrskov

Questions and answers about Ginge VVS ApS

Has Ginge VVS ApS gone bankrupt?

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

What is the bankruptcy risk of Ginge VVS ApS?

Our model estimates a bankruptcy risk of 13.3% over the next 12 months (very high risk), which is 9.4 times the average for Danish companies.

Who is the CEO of Ginge VVS ApS?

Simon Ginge Nielsen is the CEO of Ginge VVS ApS.

When was Ginge VVS ApS founded?

Ginge VVS ApS was founded on 18 June 2024.

What is the equity of Ginge VVS ApS?

Equity was DKK 112k according to the annual report for the period ending 30 November 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.