BALTIC SEA GLASS ApS
CVR 21037338 · Private limited company (ApS) · Active · Low risk
BALTIC SEA GLASS ApS is a Private limited company (ApS), founded on , based in Gudhjem. The company is registered in the industry fremstilling af flasker, drikkeglas mv.. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.4m and a net result of DKK 818k. CEO: Michael Brandt.
Bankruptcy risk for BALTIC SEA GLASS ApS
0.0 × the average (1.41%) · higher risk than 6% of active Danish companies
Increases the risk
Reduces the risk
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
- 21037338
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (28 years)
- Address
- Melstedvej 47
3760 Gudhjem - Municipality
- Bornholms Regionskommune
- Industry
- Fremstilling af flasker, drikkeglas mv. (231300)
Bankruptcies in the industry: Fremstilling af byggematerialer af beton - Share capital
- DKK 225k
- Employees
- 8 (2018)
- Auditor
- Nexø Revision A/S
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 1 of 28 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 50.6% |
| Current ratio | 407% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 5 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 1 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 4.1m | DKK 4.3m | DKK 3.8m |
| Net profit | DKK 818k | DKK 555k | DKK 405k |
| Equity | DKK 2.4m | DKK 1.6m | DKK 1.1m |
| Total assets | DKK 4.8m | DKK 4.2m | DKK 4.0m |
| Cash | DKK 1.0m | DKK 433k | – |
| Short-term debt | DKK 854k | DKK 808k | – |
| Tax owed | DKK 230k | DKK 167k | – |
| Avg. employees | 7 | 8 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Nexø Revision A/S.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 181 | ||
| 1 Jan 2024 – 31 Dec 2024 | 182 | ||
| 1 Jan 2023 – 31 Dec 2023 | 197 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 164 | ||
| 1 Jan 2021 – 31 Dec 2021 | 166 | ||
| 1 Jan 2020 – 31 Dec 2020 | 137 | ||
| 1 Jan 2019 – 31 Dec 2019 | 94 | ||
| 1 Jan 2018 – 31 Dec 2018 | 39 | ||
| 1 Jan 2017 – 31 Dec 2017 | 95 | ||
| 1 Jan 2016 – 31 Dec 2016 | 109 | ||
| 1 Jan 2015 – 31 Dec 2015 | 74 | ||
| 1 Jan 2014 – 31 Dec 2014 | 36 | ||
| 1 Jan 2013 – 31 Dec 2013 | 56 | ||
| 1 Jan 2012 – 31 Dec 2012 | 105 | ||
| 1 Jan 2011 – 31 Dec 2011 | 127 | ||
| 1 Jan 2010 – 31 Dec 2010 | 150 | ||
| 1 Jan 2009 – 31 Dec 2009 | 147 | ||
| 1 Jan 2008 – 31 Dec 2008 | 112 | ||
| 1 Jan 2007 – 31 Dec 2007 | 161 | ||
| 1 Jan 2006 – 31 Dec 2006 | 155 |
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 | Michael Brandt | Current | |
| CEO | Peter Brent Hunner | ||
| CEO | Maibritt Friis Jønsson | ||
| CEO | Stine Brandt | ||
| Board | Michael Brandt | Current | |
| Board | Jan Engelbrecht | Current | |
| Owner (33%) | EJ HOLDING ApS | Current | |
| Owner (50%) | Fambrandt Holding ApS | Current | |
| Owner (100%) | SALTUNA HOLDING ApS | ||
| Auditor | Nexø Revision I/S | ||
| Auditor | KMPJP A/S | ||
| Auditor | Risegaard | ||
| Auditor | Bornholms Revision A/S | ||
| Auditor | Nexø Revision A/S | ||
| Founder | Peter Brent Hunner | Current | |
| Founder | Maibritt Friis Jønsson | Current |
The CEOs' other companies
Michael Brandt – 3 other companies
- 2B=Business ApS Active
- Fambrandt Holding ApS Active
- IQlight ApS Active
Peter Brent Hunner – 3 other companies
- DESTINATION BORNHOLM ApS Active
- JÖNSSON & HUNNER ApS Opløst
- SALTUNA HOLDING ApS Active
Maibritt Friis Jønsson – 2 other companies
- JÖNSSON & HUNNER ApS Opløst
- SALTUNA HOLDING ApS Active
Address history (1 moves)
| Melstedvej 47, 3760 Gudhjem | |
| Melstedvej 47, 3760 Gudhjem |
Employees per year
Other companies at the same address
- JÖNSSON & HUNNER ApS Opløst
Similar companies in Bornholms Regionskommune
- PERNILLE BÜLOW A/S Svaneke
- SNOGEBÆK GLASHYTTE ApS Nexø
Questions and answers about BALTIC SEA GLASS ApS
Has BALTIC SEA GLASS ApS gone bankrupt?
No, BALTIC SEA GLASS ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of BALTIC SEA GLASS 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 BALTIC SEA GLASS ApS?
Michael Brandt is the CEO of BALTIC SEA GLASS ApS.
Who is the auditor of BALTIC SEA GLASS ApS?
BALTIC SEA GLASS ApS most recently used Nexø Revision A/S.
When was BALTIC SEA GLASS ApS founded?
BALTIC SEA GLASS ApS was founded on 26 June 1998.
What is the equity of BALTIC SEA GLASS ApS?
Equity was DKK 2.4m 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.