KIEHN SYSTEMER ApS

CVR 20747692 · Private limited company (ApS) · Active · Low risk

KIEHN SYSTEMER ApS is a Private limited company (ApS), founded on 1 January 1998, based in Hillerød. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 174k and a net result of DKK 49k. CEO: Susanne Kiehn, Bjarne Therkelsen.

Bankruptcy risk for KIEHN SYSTEMER ApS

0.1%

probability of bankruptcy within 12 months

Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

Website registeredYes · bankruptcy rate 12.0%1.4×

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×

Employees (latest year)2–5 · bankruptcy rate 10.3%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×

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×

Equity ratio40%–60% · 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: 20747692
Status: Active
Company type: Private limited company (ApS)
Founded: 1 January 1998 (28 years)
Address: Slotsvænget 11
3400 Hillerød
Municipality: Hillerød
Industry: Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital: DKK 125k
Employees: 4 (2018)
Audit opted out: Yes

Warning signs

Annual reports filed late	3 of 27
Missing annual report	No
Negative equity	No
Equity ratio	45.7%
Current ratio	184%
Moves (last 2 years)	0
CEO changes in total	3
CEO's previous bankruptcies	0
Other companies at the address	0
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024
Revenue	DKK 1.0m	DKK 771k
Gross profit	DKK 1.0m	DKK 771k
Net profit	DKK 49k	DKK -59k
Equity	DKK 174k	DKK -59k
Total assets	DKK 382k	DKK 333k
Cash	DKK 382k	–
Short-term debt	DKK 208k	–

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

Filed annual reports

Reporting period	Published	Days after period end
1 Jul 2024 – 30 Jun 2025	10 Dec 2025	163
1 Jul 2023 – 30 Jun 2024	25 Nov 2024	148
1 Jul 2022 – 30 Jun 2023	20 Nov 2023	143
1 Jul 2021 – 30 Jun 2022	21 Dec 2022	174
1 Jul 2020 – 30 Jun 2021	24 Oct 2021	116
1 Jul 2019 – 30 Jun 2020	1 Nov 2020	124
1 Jul 2018 – 30 Jun 2019	22 Nov 2019	145
1 Jul 2017 – 30 Jun 2018	10 Oct 2018	102
1 Jul 2016 – 30 Jun 2017	13 Dec 2017	166
1 Jul 2015 – 30 Jun 2016	2 Jan 2017	186	Late
1 Jul 2014 – 30 Jun 2015	30 Nov 2015	153
1 Jul 2013 – 30 Jun 2014	19 Dec 2014	172
1 Jul 2012 – 30 Jun 2013	11 Dec 2013	164
1 Jul 2011 – 30 Jun 2012	27 Nov 2012	150
1 Jul 2010 – 30 Jun 2011	30 Nov 2011	153
1 Jul 2009 – 30 Jun 2010	30 Nov 2010	153
1 Jul 2008 – 30 Jun 2009	3 Dec 2009	156
1 Jul 2007 – 30 Jun 2008	9 Dec 2008	162
1 Jul 2006 – 30 Jun 2007	5 Dec 2007	158
1 Jul 2005 – 30 Jun 2006	4 Dec 2006	157

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

Role	Name	From	To
CEO	Susanne Kiehn	20 Jun 1998	Current
CEO	Bjarne Therkelsen	21 Jun 1998	Current
CEO	Preben Bang Henriksen	1 Jan 1998	21 Jun 1998
Owner (50%)	Susanne Kiehn	1 Jul 2002	Current
Owner (50%)	Bjarne Therkelsen	1 Jul 2002	Current
Auditor	DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB	1 Jan 1998	20 Jun 1998
Auditor	AB REVISION, HILLERØD ApS	20 Jun 1998	22 Jun 1998
Auditor	DANSK REVISION HILLERØD GODKENDT REVISIONSAKTIESELSKAB	22 Jun 1998	30 Nov 2002
Auditor	DANSK REVISION HILLERØD GODKENDT REVISIONSAKTIESELSKAB	30 Nov 2002	24 Nov 2007
Founder	PREBEN BANG HENRIKSEN. AALBORG ApS	1 Jan 1998	Current

The CEOs' other companies

Susanne Kiehn – 1 other companies

KIEHN IT ApS Opløst

Bjarne Therkelsen – 2 other companies

CONVENTUS A/S Active
KIEHN IT ApS Opløst

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

"PROFIL MEDIA-MARKETING ApS" Bankrupt 1 Mar 1993
"TRÆMANNEN" K.P.M. BYG ApS Bankrupt 16 Dec 2008
'MANTIS SEAFOOD ApS' Bankrupt 3 Sep 2001
1. EDITION ApS Bankrupt 4 May 2010
12.11.2007 A/S Bankrupt 9 Jun 2008
18. JUNI 1999A A/S Bankrupt 31 Aug 1999
18.12.2015 SLVRGD A/S Bankrupt 12 May 2016
1EEUROPE SCANDINAVIA A/S Bankrupt 29 Nov 2002
21. juli-selskabet ApS Bankrupt 18 Aug 2016
21330299 ApS Bankrupt 8 Jun 2015
24-001157 VB A/S Bankrupt 7 May 1998
26939623 ApS Bankrupt 8 May 2017
2E BYGGE & EJENDOMSSELSKAB ApS Bankrupt 19 Dec 2001
3 R-TEKNIK ApS Bankrupt 21 Nov 2002
92E346 ApS Bankrupt 27 Feb 2020
A & P HANDEL ApS Bankrupt 11 Nov 2003
A - Z ERHVERV ApS Bankrupt 9 Feb 2004
A B M FOOD ApS Bankrupt 12 Sep 2006
A L KONFEKTION ApS Bankrupt 29 Aug 1990
A TRANSPORT AF 1988 A/S Bankrupt 4 Jan 2007
A&C GRUPPEN ApS Bankrupt 8 Jul 2009
A-HOLDING ApS Bankrupt 24 Feb 2009
A-Z VIKAR ApS Bankrupt 3 Sep 2008
A. BIRKHOLM & SØNNER ApS Bankrupt 25 Aug 1994
A. GILBRO A/S Bankrupt 13 Dec 2010
A. M. SMEDE OG VVS FIRMA ApS Bankrupt 21 Aug 1990
A.A. AUTO IMPORT - EKSPORT ApS Bankrupt 29 Aug 1995
A.A. SERVICE OG TANKLAGER ApS Bankrupt 12 Mar 2026
A.A.SERVICE OG TRANSPORT HOLDING ApS Bankrupt 12 Mar 2026
A.T. TAG ApS Bankrupt 1 Dec 2008

Address history (4 moves)

10 Nov 2017	Slotsvænget 11, 3400 Hillerød
8 Dec 2014	Krimsvej 23, 14. tv, 2300 København S
2 Dec 2005	Slotsvænget 11, 3400 Hillerød
16 Nov 1999	Frydenborgvej 27Q, 3400 Hillerød
1 Jan 1998	Slotsvænget 11, 3400 Hillerød

Former names

KIEHN SYSTEMER ApS	23 Jun 1998 – now
PBH 26.129 ApS	1 Jan 1998 – 22 Jun 1998

Employees per year

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Questions and answers about KIEHN SYSTEMER ApS

Has KIEHN SYSTEMER ApS gone bankrupt?

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

What is the bankruptcy risk of KIEHN SYSTEMER ApS?

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

Who is the CEO of KIEHN SYSTEMER ApS?

Susanne Kiehn, Bjarne Therkelsen are the CEOs of KIEHN SYSTEMER ApS.

When was KIEHN SYSTEMER ApS founded?

KIEHN SYSTEMER ApS was founded on 1 January 1998.

What is the equity of KIEHN SYSTEMER ApS?

Equity was DKK 174k 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.