Grov Design ApS

CVR 46171896 · Private limited company (ApS) · Active · High risk

Grov Design ApS is a Private limited company (ApS), founded on , based in Kværndrup. The company is registered in the industry anlæg af jernbaner og undergrundsbaner. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. CEO: Nick Kruse Olsen.

Bankruptcy risk for Grov Design 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

Published annual reports0 · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Age (years)< 1 yrs · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

RegionSyddanmark · bankruptcy rate 6.0%0.68×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×
Other companies at the same address0 · bankruptcy rate 7.5%0.85×

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
46171896
Status
Active
Company type
Private limited company (ApS)
Founded
(0 years)
Address
Fallevej 7
5772 Kværndrup
Municipality
Faaborg-Midtfyn
Industry
Anlæg af jernbaner og undergrundsbaner (421200)
Bankruptcies in the industry: Anlæg af ledningsnet til væsker
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 0
Missing annual reportNo
Negative equity–
Equity ratio–
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Management, owners and auditor

RoleNameFromTo
CEONick Kruse OlsenCurrent
Owner (100%)Nick Kruse OlsenCurrent
FounderNick Kruse OlsenCurrent

Address history (0 moves)

Fallevej 7, 5772 Kværndrup

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Questions and answers about Grov Design ApS

Has Grov Design ApS gone bankrupt?

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

What is the bankruptcy risk of Grov Design 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 Grov Design ApS?

Nick Kruse Olsen is the CEO of Grov Design ApS.

When was Grov Design ApS founded?

Grov Design ApS was founded on 9 January 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.