K&K Development ApS

CVR 45006409 · Private limited company (ApS) · Active · High risk

K&K Development ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK -353k and a net result of DKK -393k. CEO: Lennart Sand Kirk.

Bankruptcy risk for K&K Development 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

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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×
Industry changes1 · bankruptcy rate 6.5%0.74×
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
45006409
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
c/o Marius kirk, Mariane Thomsens Gade 58, 3.
8000 Aarhus C
Municipality
Aarhus
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 40k
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityYes
Equity ratio-95.3%
Current ratio24%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyYes

Financials and key figures

Financial year2025
Gross profitDKK -31k
Net profitDKK -393k
EquityDKK -353k
Total assetsDKK 370k
CashDKK 70k
Short-term debtDKK 715k
Avg. employees1

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
8 Aug 2024 – 31 Dec 202581

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
CEOLennart Sand KirkCurrent
CEOLuis Frank Nergaard Klixbull
Owner (5%)Shavin Younis MikailCurrent
Owner (25%)Lennart Kirk Holding ApSCurrent
Owner (50%)Marius Sand Kirk Holding ApSCurrent
Owner (25%)Andy Patrick FischerCurrent
Owner (25%)Luis Frank Nergaard Klixbull
Owner (25%)Marius Sand Kirk Holding ApS
FounderLuis Frank Nergaard KlixbullCurrent
FounderShavin Younis MikailCurrent
FounderLennart Kirk Holding ApSCurrent
FounderMarius Sand Kirk Holding ApSCurrent

The CEOs' other companies

Lennart Sand Kirk – 9 other companies

Address history (1 moves)

c/o Marius kirk, Mariane Thomsens Gade 58, 3., 8000 Aarhus C
Mariane Thomsens Gade 58, 3., 8000 Aarhus C

Other companies at the same address

Similar companies in Aarhus

Questions and answers about K&K Development ApS

Has K&K Development ApS gone bankrupt?

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

What is the bankruptcy risk of K&K Development 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.

Who is the CEO of K&K Development ApS?

Lennart Sand Kirk is the CEO of K&K Development ApS.

Who is the auditor of K&K Development ApS?

K&K Development ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was K&K Development ApS founded?

K&K Development ApS was founded on 8 August 2024.

What is the equity of K&K Development ApS?

Equity was DKK -353k 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.