KARL E'S GLAS ApS

CVR 20120193 · Private limited company (ApS) · Active · Low risk

KARL E'S GLAS ApS is a Private limited company (ApS), founded on , based in Roskilde. The company is registered in the industry glarmesteraktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 (31 Dec 2025) shows equity of DKK 858k and a net result of DKK 198k. CEO: Torben Bo Nielsen, Elise Sandager.

Bankruptcy risk for KARL E'S GLAS ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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
20120193
Status
Active
Company type
Private limited company (ApS)
Founded
(29 years)
Address
Hersegade 14
4000 Roskilde
Municipality
Roskilde
Industry
Glarmesteraktiviteter (433420)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 200k
Employees
6 (2018)
Auditor
TREKRONER REVISION A/S - GODKENDTE REVISORER
Audit opted out
No

Warning signs

Annual reports filed late3 of 29
Missing annual reportNo
Negative equityNo
Equity ratio46.0%
Current ratio159%
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
Gross profitDKK 4.0mDKK 3.8mDKK 4.4m
Net profitDKK 198kDKK -268kDKK 796k
EquityDKK 858kDKK 660kDKK 1.1m
Total assetsDKK 1.9mDKK 2.2mDKK 2.5m
CashDKK 459kDKK 188k–
Short-term debtDKK 1.0mDKK 1.6m–
Tax owed–DKK 0–
Avg. employees1112–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Trekroner Revision A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 202289
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019189 Late
1 Jan 2018 – 31 Dec 201850
1 Jan 2017 – 31 Dec 2017164
1 Jan 2016 – 31 Dec 201666
1 Jan 2015 – 31 Dec 201562
1 Jan 2014 – 31 Dec 2014146
1 Jan 2013 – 31 Dec 201395
1 Jan 2012 – 31 Dec 201270
1 Jan 2011 – 31 Dec 201180
1 Jan 2010 – 31 Dec 2010142
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007164
1 Jan 2006 – 31 Dec 2006155

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
CEOTorben Bo NielsenCurrent
CEOElise SandagerCurrent
Owner (100%)Torben Bo NielsenCurrent
Owner (50%)Torben Bo Nielsen
Owner (50%)Torben Bo Nielsen
Owner (50%)Elise Sandager
AuditorTREKRONER REVISION A/S - GODKENDTE REVISORERCurrent
AuditorJENS BALSLEV MANAGEMENT ApS
AuditorJOHN FRIIS RÅDGIVNING APS
FounderTorben Bo NielsenCurrent
FounderElise SandagerCurrent

The CEOs' other companies

Torben Bo Nielsen – 2 other companies, of which 1 bankrupt

Address history (0 moves)

Hersegade 14, 4000 Roskilde

Employees per year

Number of employees at KARL E'S GLAS ApS per year482011: 520112012: 820122013: 720132014: 720142015: 620152016: 720162017: 820172018: 62018

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Questions and answers about KARL E'S GLAS ApS

Has KARL E'S GLAS ApS gone bankrupt?

No, KARL E'S GLAS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of KARL E'S GLAS ApS?

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

Who is the CEO of KARL E'S GLAS ApS?

Torben Bo Nielsen, Elise Sandager are the CEOs of KARL E'S GLAS ApS.

Who is the auditor of KARL E'S GLAS ApS?

KARL E'S GLAS ApS most recently used TREKRONER REVISION A/S - GODKENDTE REVISORER.

When was KARL E'S GLAS ApS founded?

KARL E'S GLAS ApS was founded on 25 June 1997.

What is the equity of KARL E'S GLAS ApS?

Equity was DKK 858k according to the annual report for the period ending 31 December 2025.

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