Ground Work ApS

CVR 45410021 · Private limited company (ApS) · Active · Medium risk

Ground Work ApS is a Private limited company (ApS), founded on , based in Gentofte. The company is registered in the industry anlæg af ledningsnet til væsker. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 95k and a net result of DKK 55k. CEO: Peter Hildestad, Jacob Christian Mønsted.

Bankruptcy risk for Ground Work ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% 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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
45410021
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Herredsvej 46
2820 Gentofte
Municipality
Gentofte
Industry
Anlæg af ledningsnet til væsker (422100)
Bankruptcies in the industry: Anlæg af ledningsnet til væsker
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio78.1%
Current ratio456%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK 117k
Net profitDKK 55k
EquityDKK 95k
Total assetsDKK 122k
CashDKK 113k
Short-term debtDKK 27k
Tax owedDKK 16k

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

Filed annual reports

Reporting periodPublishedDays after period end
14 Feb 2025 – 31 Dec 2025176

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
CEOPeter HildestadCurrent
CEOJacob Christian MønstedCurrent
Owner (50%)Peter HildestadCurrent
Owner (50%)Jacob Christian MønstedCurrent
FounderPeter HildestadCurrent
FounderJacob Christian MønstedCurrent

The CEOs' other companies

Peter Hildestad – 4 other companies, of which 1 bankrupt

Jacob Christian Mønsted – 2 other companies

Address history (0 moves)

Herredsvej 46, 2820 Gentofte

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Ground Work ApS

Has Ground Work ApS gone bankrupt?

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

What is the bankruptcy risk of Ground Work ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of Ground Work ApS?

Peter Hildestad, Jacob Christian Mønsted are the CEOs of Ground Work ApS.

When was Ground Work ApS founded?

Ground Work ApS was founded on 14 February 2025.

What is the equity of Ground Work ApS?

Equity was DKK 95k 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.