BILTOFT MULTIBYG ApS

CVR 17540106 · Private limited company (ApS) · Active · Low risk

BILTOFT MULTIBYG ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (30 Apr 2026) shows equity of DKK -613k and a net result of DKK 106k. CEO: Bertel Kristian Madsen.

Bankruptcy risk for BILTOFT MULTIBYG ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Current ratio50%–100% · bankruptcy rate 11.7%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×
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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
17540106
Status
Active
Company type
Private limited company (ApS)
Founded
(32 years)
Address
c/o Bertel Kristian Madsen, Biltoftvej 11
6800 Varde
Municipality
Varde
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 200k
Employees
0 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late7 of 31
Missing annual reportNo
Negative equityYes
Equity ratio-95.9%
Current ratio51%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year202620252024
Gross profitDKK 305kDKK -100kDKK 245k
Net profitDKK 106kDKK -390kDKK -184k
EquityDKK -613kDKK -719kDKK -329k
Total assetsDKK 639kDKK 453kDKK 541k
CashDKK 2,190––
Short-term debtDKK 1.3mDKK 1.2m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 2026151
1 May 2024 – 30 Apr 2025184 Late
1 May 2023 – 30 Apr 2024113
1 May 2022 – 30 Apr 2023124
1 May 2021 – 30 Apr 2022184 Late
1 May 2020 – 30 Apr 2021179
1 May 2019 – 30 Apr 2020188 Late
1 May 2018 – 30 Apr 2019184 Late
1 May 2017 – 30 Apr 2018184 Late
1 May 2016 – 30 Apr 2017159
1 May 2015 – 30 Apr 2016153
1 May 2014 – 30 Apr 2015158
1 May 2013 – 30 Apr 2014174
1 May 2012 – 30 Apr 201364
1 May 2011 – 30 Apr 2012157
1 May 2010 – 30 Apr 2011157
1 May 2009 – 30 Apr 2010157
1 May 2008 – 30 Apr 2009154
1 May 2007 – 30 Apr 2008165
1 May 2006 – 30 Apr 2007156

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
CEOBertel Kristian MadsenCurrent
CEOKjeld Ebbe Andersen
Owner (100%)Bertel Kristian MadsenCurrent
Owner (100%)BILTOFT MULTIBYG ApS
AuditorErling Vinther Nielsen
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorVENDELBO STATSAUTORISERET REVISIONSANPARTSSELSKAB
FounderKjeld Ebbe AndersenCurrent

The CEOs' other companies

Bertel Kristian Madsen – 2 other companies

Kjeld Ebbe Andersen – 1 other companies

Address history (3 moves)

c/o Bertel Kristian Madsen, Biltoftvej 11, 6800 Varde
c/o Bertel Chr. Madsen, Biltoftvej 11, 6800 Varde
c/o Bertel Chr. Madsen, Biltoftvej 11, 6800 Varde
Østergade 11, 6753 Agerbæk

Former names

BILTOFT MULTIBYG ApS – now
TANDLÆGE KJELD ANDERSEN ApS –

Employees per year

Number of employees at BILTOFT MULTIBYG ApS per year482011: 620112012: 820122013: 720132014: 520142015: 420152016: 320162017: 120172018: 02018

Other companies at the same address

Similar companies in Varde

Questions and answers about BILTOFT MULTIBYG ApS

Has BILTOFT MULTIBYG ApS gone bankrupt?

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

What is the bankruptcy risk of BILTOFT MULTIBYG ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of BILTOFT MULTIBYG ApS?

Bertel Kristian Madsen is the CEO of BILTOFT MULTIBYG ApS.

Who is the auditor of BILTOFT MULTIBYG ApS?

BILTOFT MULTIBYG ApS most recently used EY Godkendt Revisionspartnerselskab.

When was BILTOFT MULTIBYG ApS founded?

BILTOFT MULTIBYG ApS was founded on 30 December 1993.

What is the equity of BILTOFT MULTIBYG ApS?

Equity was DKK -613k according to the annual report for the period ending 30 April 2026.

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