Local Journey ApS

CVR 45620107 · Private limited company (ApS) · Active · High risk

Local Journey ApS is a Private limited company (ApS), founded on , based in Vamdrup. The company is registered in the industry formidlingsaktiviteter inden for forretningsservice i.a.n.. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 14k and a net result of DKK -6,218. CEO: Frederik Saaby Kiel.

Bankruptcy risk for Local Journey ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% 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×
Number of auditors (historical)0 · bankruptcy rate 12.5%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×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
CEO's other companies1 · bankruptcy rate 7.3%0.83×

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
45620107
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Tyrings Ager 47
6580 Vamdrup
Municipality
Kolding
Industry
Formidlingsaktiviteter inden for forretningsservice i.a.n. (824000)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK -6,212
Net profitDKK -6,218
EquityDKK 14k
Total assetsDKK 14k
CashDKK 14k

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

Filed annual reports

Reporting periodPublishedDays after period end
14 May 2025 – 31 Dec 2025147

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
CEOFrederik Saaby KielCurrent
Owner (100%)Kiel ApSCurrent
FounderKiel ApSCurrent

The CEOs' other companies

Frederik Saaby Kiel – 1 other companies

Address history (0 moves)

Tyrings Ager 47, 6580 Vamdrup

Other companies at the same address

Similar companies in Kolding

Questions and answers about Local Journey ApS

Has Local Journey ApS gone bankrupt?

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

What is the bankruptcy risk of Local Journey ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of Local Journey ApS?

Frederik Saaby Kiel is the CEO of Local Journey ApS.

When was Local Journey ApS founded?

Local Journey ApS was founded on 14 May 2025.

What is the equity of Local Journey ApS?

Equity was DKK 14k 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.