Dragon & Co. ApS

CVR 45295877 · Private limited company (ApS) · Active · High risk

Dragon & Co. ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry detailhandel med sports- og fritidsudstyr. 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 30k and a net result of DKK -10k. CEO: Mads Rævdal Tellerup.

Bankruptcy risk for Dragon & Co. 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

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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
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×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
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
45295877
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Nytoftevej 5
7400 Herning
Municipality
Herning
Industry
Detailhandel med sports- og fritidsudstyr (476310)
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 ratio87.5%
Current ratio–
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK -6,451
Net profitDKK -10k
EquityDKK 30k
Total assetsDKK 34k
CashDKK 1,551
Short-term debtDKK 0
Tax owedDKK 0

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

Filed annual reports

Reporting periodPublishedDays after period end
20 Dec 2024 – 31 Dec 2025143

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
CEOMads Rævdal TellerupCurrent
Owner (100%)Mads Rævdal TellerupCurrent
FounderMads Rævdal TellerupCurrent

The CEOs' other companies

Mads Rævdal Tellerup – 1 other companies

Address history (1 moves)

Nytoftevej 5, 7400 Herning
Sundvej 15, 1., 8700 Horsens

Other companies at the same address

Similar companies in Herning

Questions and answers about Dragon & Co. ApS

Has Dragon & Co. ApS gone bankrupt?

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

What is the bankruptcy risk of Dragon & Co. 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 Dragon & Co. ApS?

Mads Rævdal Tellerup is the CEO of Dragon & Co. ApS.

When was Dragon & Co. ApS founded?

Dragon & Co. ApS was founded on 20 December 2024.

What is the equity of Dragon & Co. ApS?

Equity was DKK 30k 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.