BTE ApS

CVR 10069092 · Private limited company (ApS) · Active · Low risk

BTE ApS is a Private limited company (ApS), founded on , based in Brøndby Strand. The company is registered in the industry engroshandel med andre fødevarer. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -6.6m and a net result of DKK 64k. CEO: Troels Elgaard, Birgit Elgaard.

Bankruptcy risk for BTE ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
10069092
Status
Active
Company type
Private limited company (ApS)
Founded
(40 years)
Address
Skibsbyggervej 21
2660 Brøndby Strand
Municipality
Brøndby
Industry
Engroshandel med andre fødevarer (463800)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
0 (2009)
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 30
Missing annual reportNo
Negative equityYes
Equity ratio-209.2%
Current ratio15%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -3,000DKK -3,693
Net profitDKK 64kDKK 437k
EquityDKK -6.6mDKK -6.7m
Total assetsDKK 3.2mDKK 3.1m
Short-term debtDKK 7.3m–
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 2025173
1 Jul 2023 – 30 Jun 2024183
1 Jul 2022 – 30 Jun 2023172
1 Jul 2021 – 30 Jun 2022183
1 Jul 2020 – 30 Jun 2021175
1 Jul 2019 – 30 Jun 2020196 Late
1 Jul 2018 – 30 Jun 2019228 Late
1 Jul 2017 – 30 Jun 2018165
1 Jul 2016 – 30 Jun 2017102
1 Jul 2015 – 30 Jun 2016169
1 Jan 2014 – 31 Dec 2014183
1 Jan 2013 – 31 Dec 2013176
1 Jan 2012 – 31 Dec 2012182
1 Jan 2011 – 31 Dec 2011179
1 Jan 2010 – 31 Dec 2010179
1 Jan 2009 – 31 Dec 2009178
1 Jan 2008 – 31 Dec 2008173
1 Jan 2007 – 31 Dec 2007174
1 Jan 2006 – 31 Dec 2006183
1 Jan 2005 – 31 Dec 2005170

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
CEOTroels ElgaardCurrent
CEOBirgit ElgaardCurrent
BoardTroels ElgaardCurrent
BoardBirgit ElgaardCurrent
BoardPeder Carl Thygesen
Owner (50%)Troels ElgaardCurrent
Owner (50%)Birgit ElgaardCurrent
AuditorPeter Korsgaard Gøbel
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderA/S PSE NR. 1444Current

The CEOs' other companies

Troels Elgaard – 15 other companies, of which 5 bankrupt

Birgit Elgaard – 7 other companies, of which 1 bankrupt

Address history (1 moves)

Skibsbyggervej 21, 2660 Brøndby Strand
Skibsbyggervej 21, 2660 Brøndby Strand

Employees per year

Number of employees at BTE ApS per year122001: 120012002: 220022003: 120032004: 120042005: 120052006: 120062008: 120082009: 02009

Other companies at the same address

Similar companies in Brøndby

Questions and answers about BTE ApS

Has BTE ApS gone bankrupt?

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

What is the bankruptcy risk of BTE ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of BTE ApS?

Troels Elgaard, Birgit Elgaard are the CEOs of BTE ApS.

When was BTE ApS founded?

BTE ApS was founded on 1 February 1986.

What is the equity of BTE ApS?

Equity was DKK -6.6m 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.