FINN BAK ApS

CVR 67877918 · Private limited company (ApS) · Active · Low risk

FINN BAK ApS is a Private limited company (ApS), founded on , based in Nyborg. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 754k and a net result of DKK -195k. CEO: Finn Bak.

Bankruptcy risk for FINN BAK ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
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×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
67877918
Status
Active
Company type
Private limited company (ApS)
Founded
(44 years)
Address
Pilevej 22
5800 Nyborg
Municipality
Nyborg
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 200k
Employees
0 (2008)
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 30
Missing annual reportNo
Negative equityNo
Equity ratio99.2%
Current ratio98%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -21kDKK -23kDKK -47k
Net profitDKK -195kDKK 25kDKK 23k
EquityDKK 754kDKK 950kDKK 925k
Total assetsDKK 760kDKK 950kDKK 925k
CashDKK 5,712DKK 127k–
Short-term debtDKK 5,859DKK 0–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025170
1 Jul 2023 – 30 Jun 2024142
1 Jul 2022 – 30 Jun 2023187 Late
1 Jul 2021 – 30 Jun 2022178
1 Jul 2020 – 30 Jun 2021148
1 Jul 2019 – 30 Jun 2020171
1 Jul 2018 – 30 Jun 2019167
1 Jul 2017 – 30 Jun 2018142
1 Jul 2016 – 30 Jun 2017142
1 Jul 2015 – 30 Jun 2016151
1 Jul 2014 – 30 Jun 2015152
1 Jul 2013 – 30 Jun 2014113
1 Jul 2012 – 30 Jun 2013101
1 Jul 2011 – 30 Jun 201289
1 Jul 2010 – 30 Jun 2011151
1 Jul 2009 – 30 Jun 201077
1 Jul 2008 – 30 Jun 200993
1 Jul 2007 – 30 Jun 2008148
1 Jul 2006 – 30 Jun 2007163
1 Jul 2005 – 30 Jun 2006151

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
CEOFinn BakCurrent
CEOJens Ove Søgaard Kristensen
BoardFinn Bak
BoardTom Bak
BoardGudrun Brøchner Bak
BoardIb Bak
Owner (100%)Finn BakCurrent
AuditorPoul Sørensen
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorNyborg ErhvervsRevision ApS Registrerede Revisorer

The CEOs' other companies

Finn Bak – 1 other companies, of which 1 bankrupt

Jens Ove Søgaard Kristensen – 3 other companies, of which 1 bankrupt

Address history (2 moves)

Pilevej 22, 5800 Nyborg
Tagtækkervej 11, 5230 Odense M
Ørbækvej 75, 5220 Odense SØ

Former names

FINN BAK ApS – now
ESKILDSEN MUSIK ODENSE ApS –
FYNS MUSIKCENTER ApS –
BRDR. BAK, MUSIKHANDEL, NYBORG ApS –

Employees per year

Number of employees at FINN BAK ApS per year352001: 220012002: 220022003: 320032004: 320042005: 420052006: 520062007: 420072008: 02008

Similar companies in Nyborg

Questions and answers about FINN BAK ApS

Has FINN BAK ApS gone bankrupt?

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

What is the bankruptcy risk of FINN BAK ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of FINN BAK ApS?

Finn Bak is the CEO of FINN BAK ApS.

When was FINN BAK ApS founded?

FINN BAK ApS was founded on 23 March 1982.

What is the equity of FINN BAK ApS?

Equity was DKK 754k according to the annual report for the period ending 30 June 2025.

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