INVESTERINGSSELSKABET AF 18.10.1989 ApS

CVR 13110670 · Private limited company (ApS) · Active · Low risk

INVESTERINGSSELSKABET AF 18.10.1989 ApS is a Private limited company (ApS), founded on , based in Støvring. The company is registered in the industry anden udlejning af boliger. 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 (31 Oct 2025) shows equity of DKK 633k and a net result of DKK 24k. CEO: Tom René Picano.

Bankruptcy risk for INVESTERINGSSELSKABET AF 18.10.1989 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

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
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×

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
13110670
Status
Active
Company type
Private limited company (ApS)
Founded
(37 years)
Address
c/o Tom Picano, Volsted Bygade 41
9530 Støvring
Municipality
Aalborg
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 203k
Employees
0 (2015)
Audit opted out
Yes

Warning signs

Annual reports filed late8 of 31
Missing annual reportNo
Negative equityNo
Equity ratio98.0%
Current ratio4,939%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -200DKK -201
Net profitDKK 24kDKK 23k
EquityDKK 633kDKK 609k
Total assetsDKK 646kDKK 680k
CashDKK 7,400–
Short-term debtDKK 13k–
Tax owedDKK 12k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Nov 2024 – 31 Oct 202598
1 Nov 2023 – 31 Oct 2024144
1 Nov 2022 – 31 Oct 2023122
1 Nov 2021 – 31 Oct 2022177
1 Nov 2020 – 31 Oct 202195
1 Nov 2019 – 31 Oct 2020137
1 Nov 2018 – 31 Oct 2019145
1 Nov 2017 – 31 Oct 201875
1 Nov 2016 – 31 Oct 201787
1 Nov 2015 – 31 Oct 201664
1 Nov 2014 – 31 Oct 2015130
1 Nov 2013 – 31 Oct 2014153
1 Nov 2012 – 31 Oct 201334
1 Nov 2011 – 31 Oct 2012146
1 Nov 2010 – 31 Oct 2011150
1 Nov 2009 – 31 Oct 2010182
1 Nov 2008 – 31 Oct 2009156
1 Nov 2007 – 31 Oct 2008149
1 Nov 2006 – 31 Oct 2007153
1 Nov 2005 – 31 Oct 2006152

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
CEOTom René PicanoCurrent
CEOPreben Bang Henriksen
CEOKim Bo Nielsen
CEOTom René Picano
CEOTom René Picano
CEOTom René Picano
CEOJan Bloch
Owner (100%)Tom René PicanoCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorReg. revisor Ejgil Christensen
AuditorEjgil Henning Christensen
AuditorSTØVRING REVISIONSKONTOR REGISTRERET REVISIONSAKTIESELSKAB
AuditorJan Jønsson Granat
FounderPREBEN BANG HENRIKSEN. AALBORG ApSCurrent

The CEOs' other companies

Tom René Picano – 10 other companies, of which 1 bankrupt

Preben Bang Henriksen – 46 other companies, of which 46 bankrupt

Kim Bo Nielsen – 3 other companies

Address history (1 moves)

c/o Tom Picano, Volsted Bygade 41, 9530 Støvring
c/o Kim Nielsen, Hadsundvej 28, 9000 Aalborg

Former names

INVESTERINGSSELSKABET AF 18.10.1989 ApS – now
ASX 14633 ApS –

Employees per year

Number of employees at INVESTERINGSSELSKABET AF 18.10.1989 ApS per year112015: 02015

Other companies at the same address

Similar companies in Aalborg

Questions and answers about INVESTERINGSSELSKABET AF 18.10.1989 ApS

Has INVESTERINGSSELSKABET AF 18.10.1989 ApS gone bankrupt?

No, INVESTERINGSSELSKABET AF 18.10.1989 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of INVESTERINGSSELSKABET AF 18.10.1989 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 INVESTERINGSSELSKABET AF 18.10.1989 ApS?

Tom René Picano is the CEO of INVESTERINGSSELSKABET AF 18.10.1989 ApS.

When was INVESTERINGSSELSKABET AF 18.10.1989 ApS founded?

INVESTERINGSSELSKABET AF 18.10.1989 ApS was founded on 1 May 1989.

What is the equity of INVESTERINGSSELSKABET AF 18.10.1989 ApS?

Equity was DKK 633k according to the annual report for the period ending 31 October 2025.

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