FreeRace ApS

CVR 45220494 · Private limited company (ApS) · Active · Medium risk

FreeRace ApS is a Private limited company (ApS), founded on , based in Haderslev. The company is registered in the industry detailhandel med cykler. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 116k and a net result of DKK 76k. CEO: Jesper Hvalsøe.

Bankruptcy risk for FreeRace ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
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 auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Registered owners3 · bankruptcy rate 6.2%0.71×

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
45220494
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Brorsbølvej 2
6100 Haderslev
Municipality
Haderslev
Industry
Detailhandel med cykler (476320)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio74.7%
Current ratio866%
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 year2025
Gross profitDKK 98k
Net profitDKK 76k
EquityDKK 116k
Total assetsDKK 156k
CashDKK 80k
Short-term debtDKK 18k

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

Filed annual reports

Reporting periodPublishedDays after period end
13 Nov 2024 – 31 Dec 2025181

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
CEOJesper HvalsøeCurrent
Owner (33%)Jesper HvalsøeCurrent
Owner (33%)RATHGEN HOLDING ApSCurrent
Owner (33%)MAJCE ApSCurrent
FounderJesper HvalsøeCurrent
FounderRATHGEN HOLDING ApSCurrent
FounderMAJCE ApSCurrent

The CEOs' other companies

Jesper Hvalsøe – 4 other companies, of which 3 bankrupt

Address history (1 moves)

Brorsbølvej 2, 6100 Haderslev
Brorsbølvej 2, 6100 Haderslev

Other companies at the same address

Similar companies in Haderslev

Questions and answers about FreeRace ApS

Has FreeRace ApS gone bankrupt?

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

What is the bankruptcy risk of FreeRace ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of FreeRace ApS?

Jesper Hvalsøe is the CEO of FreeRace ApS.

When was FreeRace ApS founded?

FreeRace ApS was founded on 13 November 2024.

What is the equity of FreeRace ApS?

Equity was DKK 116k 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.