Growmore ApS

CVR 45624307 · Private limited company (ApS) · Active · Low risk

Growmore ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry planlægning og design af reklamekampagner. Our model estimates a bankruptcy risk of 1.1% over the next 12 months, which is 0.8 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 127k and a net result of DKK 107k. CEO: Andreas Mathias Gustavsen, Oliver Tange Lemvig.

Bankruptcy risk for Growmore ApS

1.1%
probability of bankruptcy within 12 months
Low risk

0.8 × the average (1.41%) · higher risk than 74% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
45624307
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
c/o Team Vision, Store Torv 9, 2.
8000 Aarhus C
Municipality
Aarhus
Industry
Planlægning og design af reklamekampagner (731110)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 20k
Auditor
Din Revisor Varde ApS godkendt revisionsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio46.4%
Current ratio186%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address25
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK 612k
Net profitDKK 107k
EquityDKK 127k
Total assetsDKK 273k
CashDKK 113k
Short-term debtDKK 146k
Tax owedDKK 32k
Avg. employees3

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Din Revisor Varde ApS godkendt revisionsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
15 May 2025 – 31 Dec 2025169

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
CEOAndreas Mathias GustavsenCurrent
CEOOliver Tange LemvigCurrent
Owner (50%)Lemvig Holding ApSCurrent
Owner (50%)mghold ApSCurrent
Owner (50%)Andreas Mathias Gustavsen
Owner (50%)Oliver Tange Lemvig
FounderAndreas Mathias GustavsenCurrent
FounderOliver Tange LemvigCurrent

The CEOs' other companies

Andreas Mathias Gustavsen – 1 other companies

Oliver Tange Lemvig – 1 other companies

Address history (2 moves)

c/o Team Vision, Store Torv 9, 2., 8000 Aarhus C
c/o The Blue Office, Trindsøvej 6, 1., 8000 Aarhus C
Ortenvej 80, 6800 Varde

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Growmore ApS

Has Growmore ApS gone bankrupt?

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

What is the bankruptcy risk of Growmore ApS?

Our model estimates a bankruptcy risk of 1.1% over the next 12 months (low risk), which is 0.8 times the average for Danish companies.

Who is the CEO of Growmore ApS?

Andreas Mathias Gustavsen, Oliver Tange Lemvig are the CEOs of Growmore ApS.

Who is the auditor of Growmore ApS?

Growmore ApS most recently used Din Revisor Varde ApS godkendt revisionsselskab.

When was Growmore ApS founded?

Growmore ApS was founded on 15 May 2025.

What is the equity of Growmore ApS?

Equity was DKK 127k 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.