GRYPHON AUDIO DESIGNS ApS

CVR 87296415 · Private limited company (ApS) · Active · Low risk

GRYPHON AUDIO DESIGNS ApS is a Private limited company (ApS), founded on , based in Ry. The company is registered in the industry fremstilling af elektronik til husholdninger. 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 14.7m and a net result of DKK 3.1m.

Bankruptcy risk for GRYPHON AUDIO DESIGNS ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
87296415
Status
Active
Company type
Private limited company (ApS)
Founded
(47 years)
Address
Industrivej 10B
8680 Ry
Municipality
Skanderborg
Industry
Fremstilling af elektronik til husholdninger (264000)
Bankruptcies in the industry: Fremstilling af udstyr til måling, afprøvning, navigation og kontrol
Share capital
DKK 138k
Employees
14 (2018)
Auditor
Revisions-Partner I/S, registrerede revisorer
Audit opted out
No

Warning signs

Annual reports filed late4 of 30
Missing annual reportNo
Negative equityNo
Equity ratio51.9%
Current ratio202%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 18.1mDKK 27.4m
Net profitDKK 3.1mDKK 11.9m
EquityDKK 14.7mDKK 26.0m
Total assetsDKK 28.2mDKK 43.0m
CashDKK 201k–
Short-term debtDKK 13.3m–
Tax owedDKK 3.3m–
Avg. employees18–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Revisions-Partner I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025189 Late
1 Jul 2023 – 30 Jun 2024173
1 Jul 2022 – 30 Jun 2023168
1 Jul 2021 – 30 Jun 2022152
1 Jul 2020 – 30 Jun 2021153
1 Jul 2019 – 30 Jun 202098
1 Jul 2018 – 30 Jun 2019129
1 Jul 2017 – 30 Jun 2018137
1 Jul 2016 – 30 Jun 2017151
1 Jul 2015 – 30 Jun 201697
1 Jul 2014 – 30 Jun 2015101
1 Jul 2013 – 30 Jun 2014148
1 Jul 2012 – 30 Jun 2013149
1 Jul 2011 – 30 Jun 2012104
1 Jul 2010 – 30 Jun 2011125
1 Jul 2009 – 30 Jun 2010105
1 Jul 2008 – 30 Jun 200999
1 Jul 2007 – 30 Jun 200891
1 Jul 2006 – 30 Jun 200779
1 Jul 2005 – 30 Jun 2006124

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
CEOVictor Hawkey
CEOFlemming Erik Rasmussen
CEOThomas Villum Børsting
BoardThomas Villum BørstingCurrent
BoardJakob OdgaardCurrent
BoardLeif Jensen
BoardAstor Bjørn Rühne
BoardJohan Peter Lyngdorf
BoardJens Christian Lorenzen
BoardEbbe Pelle Jacobsen
BoardIvan Sørensen
BoardPoul Jørn Jensen Lund
BoardFlemming Erik Rasmussen
BoardMichael Harry Steffensen
BoardAlbert Lee Jones
BoardKirsten Børsting
BoardSvend Reimers
Owner (100%)Gryphon Holding ApSCurrent
Owner (5%)Flemming Erik Rasmussen
Owner (90%)BØRSTING HOLDING ApS
Owner (5%)JAKOB ODGAARD ApS
Owner (67%)BØRSTING HOLDING ApS
AuditorRevisions-Partner I/S, registrerede revisorerCurrent
AuditorK P M G C JESPERSEN ÅRHUS I/S
AuditorHans Otto Sørensen
AuditorTA P/S

The CEOs' other companies

Flemming Erik Rasmussen – 3 other companies

Thomas Villum Børsting – 13 other companies, of which 3 bankrupt

Address history (4 moves)

Industrivej 10B, 8680 Ry
Industrivej 9, 8680 Ry
Industrivej 9, 8680 Ry
Dali Alle 1, 9610 Nørager
Industrivej 9, 8680 Ry

Former names

GRYPHON AUDIO DESIGNS ApS – now
VICTOR HAWKEY ApS –

Employees per year

Number of employees at GRYPHON AUDIO DESIGNS ApS per year8152011: 920112012: 720122013: 1020132014: 1220142015: 1220152016: 1020162017: 1520172018: 142018

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about GRYPHON AUDIO DESIGNS ApS

Has GRYPHON AUDIO DESIGNS ApS gone bankrupt?

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

What is the bankruptcy risk of GRYPHON AUDIO DESIGNS 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 auditor of GRYPHON AUDIO DESIGNS ApS?

GRYPHON AUDIO DESIGNS ApS most recently used Revisions-Partner I/S, registrerede revisorer.

When was GRYPHON AUDIO DESIGNS ApS founded?

GRYPHON AUDIO DESIGNS ApS was founded on 18 April 1979.

What is the equity of GRYPHON AUDIO DESIGNS ApS?

Equity was DKK 14.7m 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.