BELTOFT Group ApS

CVR 20472588 · Private limited company (ApS) · Active · Low risk

BELTOFT Group ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry finansielle hovedsæders aktiviteter. 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, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 103.8m and a net result of DKK 319k. CEO: Lars Beltoft Ørbæk.

Bankruptcy risk for BELTOFT Group ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×

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
20472588
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Grænsevej 1B
9000 Aalborg
Municipality
Aalborg
Industry
Finansielle hovedsæders aktiviteter (701020)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 206k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late8 of 28
Missing annual reportNo
Negative equityNo
Equity ratio89.3%
Current ratio141%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -268kDKK -249kDKK -220k
Net profitDKK 319kDKK -3.9mDKK -3.8m
EquityDKK 103.8mDKK 98.3mDKK 102.2m
Total assetsDKK 116.3mDKK 114.8mDKK 118.4m
CashDKK 10.2mDKK 10.7m–
Short-term debtDKK 12.5mDKK 16.5m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023184 Late
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020193 Late
1 Jan 2019 – 31 Dec 2019195 Late
1 Jan 2018 – 31 Dec 2018170
1 Jan 2017 – 31 Dec 2017164
1 Jan 2016 – 31 Dec 2016166
1 Jan 2015 – 31 Dec 2015168
1 Jan 2014 – 31 Dec 2014169
1 Jan 2013 – 31 Dec 2013169
1 Jan 2012 – 31 Dec 2012163
1 Jan 2011 – 31 Dec 2011169
1 Jan 2010 – 31 Dec 2010173
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008158
1 Jan 2007 – 31 Dec 2007184 Late
1 Jan 2006 – 31 Dec 2006168

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
CEOLars Beltoft ØrbækCurrent
Owner (10%)Lars Beltoft ØrbækCurrent
Owner (25%)Daniel Høygård ØrbækCurrent
Owner (25%)Philip Høygård ØrbækCurrent
Owner (25%)Cecilie Høygård ØrbækCurrent
Owner (100%)Lars Beltoft Ørbæk
Owner (100%)Lars Beltoft Ørbæk
Owner (25%)Daniel Høygård Ørbæk
Owner (25%)Philip Høygård Ørbæk
Owner (25%)Cecilie Høygård Ørbæk
Owner (100%)Lars Beltoft Ørbæk
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderLars Beltoft ØrbækCurrent

The CEOs' other companies

Lars Beltoft Ørbæk – 39 other companies, of which 3 bankrupt

Address history (2 moves)

Grænsevej 1B, 9000 Aalborg
Hasserisvej 143, 9000 Aalborg
Elme Alle 4, 9000 Aalborg

Former names

BELTOFT Group ApS – now
BELTOFT HOLDING ApS –
BELTOFT INVEST ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about BELTOFT Group ApS

Has BELTOFT Group ApS gone bankrupt?

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

What is the bankruptcy risk of BELTOFT Group 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 BELTOFT Group ApS?

Lars Beltoft Ørbæk is the CEO of BELTOFT Group ApS.

Who is the auditor of BELTOFT Group ApS?

BELTOFT Group ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was BELTOFT Group ApS founded?

BELTOFT Group ApS was founded on 14 November 1997.

What is the equity of BELTOFT Group ApS?

Equity was DKK 103.8m 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.