ERIK FRANDSEN. VIBORG ApS

CVR 88639014 · Private limited company (ApS) · Active · Low risk

ERIK FRANDSEN. VIBORG ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry detailhandel med motorkøretøjer. 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. The latest annual report (30 Sep 2025) shows equity of DKK 593k and a net result of DKK 4,622. CEO: Erik Frandsen, Bente Elisabeth Frandsen.

Bankruptcy risk for ERIK FRANDSEN. VIBORG 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×

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
88639014
Status
Active
Company type
Private limited company (ApS)
Founded
(46 years)
Address
Asmild Hegn 34
8800 Viborg
Municipality
Viborg
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 250k
Employees
2 (2009)
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 31
Missing annual reportNo
Negative equityNo
Equity ratio98.2%
Current ratio685%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 0DKK 0DKK 0
Gross profitDKK -16kDKK -7,799DKK -16k
Net profitDKK 4,622DKK 55kDKK 26k
EquityDKK 593kDKK 788kDKK 933k
Total assetsDKK 604kDKK 803kDKK 958k
CashDKK 60kDKK 75k–
Short-term debtDKK 11kDKK 15k–
Tax owedDKK 5,712––
Avg. employees1––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025141
1 Oct 2023 – 30 Sep 2024114
1 Oct 2022 – 30 Sep 2023103
1 Oct 2021 – 30 Sep 2022119
1 Oct 2020 – 30 Sep 2021139
1 Oct 2019 – 30 Sep 2020124
1 Oct 2018 – 30 Sep 2019114
1 Oct 2017 – 30 Sep 2018106
1 Oct 2016 – 30 Sep 2017135
1 Oct 2015 – 30 Sep 2016108
1 Oct 2014 – 30 Sep 2015133
1 Oct 2013 – 30 Sep 2014104
1 Oct 2012 – 30 Sep 2013105
1 Oct 2011 – 30 Sep 2012156
1 Oct 2010 – 30 Sep 2011110
1 Oct 2009 – 30 Sep 2010107
1 Oct 2008 – 30 Sep 2009130
1 Oct 2007 – 30 Sep 2008148
1 Oct 2006 – 30 Sep 2007142
1 Oct 2005 – 30 Sep 2006170

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
CEOErik FrandsenCurrent
CEOBente Elisabeth FrandsenCurrent
Owner (100%)Erik FrandsenCurrent
AuditorAsger Wriedt
AuditorRevisionshuset - Viborg I/S
AuditorRevisionshuset - Viborg I/S
AuditorRevisionsHuset-Viborg v/Mogens Bech

Address history (2 moves)

Asmild Hegn 34, 8800 Viborg
Asmild Hegn 34, 8800 Viborg
Randersvej 51, 8800 Viborg

Employees per year

Number of employees at ERIK FRANDSEN. VIBORG ApS per year472002: 720022003: 520032004: 620042005: 620052006: 620062007: 620072008: 720082009: 22009

Similar companies in Viborg

Questions and answers about ERIK FRANDSEN. VIBORG ApS

Has ERIK FRANDSEN. VIBORG ApS gone bankrupt?

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

What is the bankruptcy risk of ERIK FRANDSEN. VIBORG 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 ERIK FRANDSEN. VIBORG ApS?

Erik Frandsen, Bente Elisabeth Frandsen are the CEOs of ERIK FRANDSEN. VIBORG ApS.

When was ERIK FRANDSEN. VIBORG ApS founded?

ERIK FRANDSEN. VIBORG ApS was founded on 16 January 1980.

What is the equity of ERIK FRANDSEN. VIBORG ApS?

Equity was DKK 593k according to the annual report for the period ending 30 September 2025.

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