Brothers Limited ApS

CVR 44908735 · Private limited company (ApS) · Active · Low risk

Brothers Limited ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry anden udlejning af boliger. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 2 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 23k and a net result of DKK 11k. CEO: Marcus Alexander Nielsen.

Bankruptcy risk for Brothers Limited ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
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×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
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
44908735
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
c/o Marcus Alexander Nielsen, Tulipanvej 5
6800 Varde
Municipality
Varde
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Auditor
Martinsen, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 2
Missing annual reportNo
Negative equityNo
Equity ratio0.8%
Current ratio9%
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 116kDKK 27k
Net profitDKK 11kDKK -28k
EquityDKK 23kDKK 12k
Total assetsDKK 3.0mDKK 2.9m
CashDKK 13kDKK 123k
Short-term debtDKK 150kDKK 1.3m
Tax owedDKK 4,752–
Avg. employees0–

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 2025196 Late
13 Jun 2024 – 31 Dec 2024185 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
CEOMarcus Alexander NielsenCurrent
Owner (25%)IPAZZ Holding ApSCurrent
Owner (25%)O-L Holding ApSCurrent
Owner (25%)ML-T Holding ApSCurrent
Owner (25%)MAN Holding Varde ApSCurrent
FounderIPAZZ Holding ApSCurrent
FounderO-L Holding ApSCurrent
FounderML-T Holding ApSCurrent
FounderMAN Holding Varde ApSCurrent

The CEOs' other companies

Marcus Alexander Nielsen – 2 other companies

Address history (1 moves)

c/o Marcus Alexander Nielsen, Tulipanvej 5, 6800 Varde
Vestergade 7B, 6800 Varde

Other companies at the same address

Similar companies in Varde

Questions and answers about Brothers Limited ApS

Has Brothers Limited ApS gone bankrupt?

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

What is the bankruptcy risk of Brothers Limited ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Brothers Limited ApS?

Marcus Alexander Nielsen is the CEO of Brothers Limited ApS.

Who is the auditor of Brothers Limited ApS?

Brothers Limited ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.

When was Brothers Limited ApS founded?

Brothers Limited ApS was founded on 13 June 2024.

What is the equity of Brothers Limited ApS?

Equity was DKK 23k 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.