Cordes ApS

CVR 45651037 · Private limited company (ApS) · Active · Medium risk

Cordes ApS is a Private limited company (ApS), founded on , based in Ry. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 11k and a net result of DKK -9,499. CEO: Kenneth Peter Cordes.

Bankruptcy risk for Cordes ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
45651037
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Ahornvej 44
8680 Ry
Municipality
Skanderborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 20k
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio58.3%
Current ratio240%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK -9,500
Net profitDKK -9,499
EquityDKK 11k
Total assetsDKK 18k
CashDKK 18k
Short-term debtDKK 7,500
Avg. employees0

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
25 May 2025 – 31 Dec 2025182

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
CEOKenneth Peter CordesCurrent
Owner (100%)Kenneth Peter CordesCurrent
FounderKenneth Peter CordesCurrent

The CEOs' other companies

Kenneth Peter Cordes – 13 other companies, of which 2 bankrupt

Address history (0 moves)

Ahornvej 44, 8680 Ry

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about Cordes ApS

Has Cordes ApS gone bankrupt?

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

What is the bankruptcy risk of Cordes ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Cordes ApS?

Kenneth Peter Cordes is the CEO of Cordes ApS.

Who is the auditor of Cordes ApS?

Cordes ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was Cordes ApS founded?

Cordes ApS was founded on 25 May 2025.

What is the equity of Cordes ApS?

Equity was DKK 11k 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.