KARTZ ApS

CVR 21113670 · Private limited company (ApS) · Active · Low risk

KARTZ ApS is a Private limited company (ApS), founded on , based in Dronninglund. The company is registered in the industry udlejning af erhvervsejendomme. 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 44.0m and a net result of DKK 6.2m. CEO: Frank Kartz Johansen.

Bankruptcy risk for KARTZ ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late2 · bankruptcy rate 10.4%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×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
21113670
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Civagårdsvej 1
9330 Dronninglund
Municipality
Brønderslev
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 1.1m
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 28
Missing annual reportNo
Negative equityNo
Equity ratio70.6%
Current ratio128%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -47kDKK 186kDKK 275k
Net profitDKK 6.2mDKK 14.4mDKK 8.1m
EquityDKK 44.0mDKK 37.9mDKK 23.6m
Total assetsDKK 62.2mDKK 55.7mDKK 44.9m
CashDKK 3.3mDKK 2.2m–
Short-term debtDKK 12.2mDKK 10.6m–
Avg. employees00–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202561
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023165
1 Jan 2022 – 31 Dec 2022150
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 202060
1 Jan 2019 – 31 Dec 2019139
1 Jan 2018 – 31 Dec 2018162
1 Jan 2017 – 31 Dec 2017162
1 Jan 2016 – 31 Dec 201694
1 Jan 2015 – 31 Dec 2015148
1 Jan 2014 – 31 Dec 201482
1 Jan 2013 – 31 Dec 2013167
1 Jan 2012 – 31 Dec 2012151
1 Jan 2011 – 31 Dec 2011166
1 Jan 2010 – 31 Dec 2010146
1 Jan 2009 – 31 Dec 2009137
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007147
1 Jan 2006 – 31 Dec 2006154

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
CEOFrank Kartz JohansenCurrent
CEOAnders Bundgaard
Owner (100%)Frank Kartz JohansenCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorADMINISTRATIONSSELSKABET AF 1. JULI 2012 ApS
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderAnders BundgaardCurrent

The CEOs' other companies

Frank Kartz Johansen – 14 other companies

Anders Bundgaard – 22 other companies

Address history (1 moves)

Civagårdsvej 1, 9330 Dronninglund
Civagårdsvej 1, 9330 Dronninglund

Former names

KARTZ ApS – now
KLITGAARD AGRO ApS –

Other companies at the same address

Similar companies in Brønderslev

Questions and answers about KARTZ ApS

Has KARTZ ApS gone bankrupt?

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

What is the bankruptcy risk of KARTZ 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 KARTZ ApS?

Frank Kartz Johansen is the CEO of KARTZ ApS.

Who is the auditor of KARTZ ApS?

KARTZ ApS most recently used EY Godkendt Revisionspartnerselskab.

When was KARTZ ApS founded?

KARTZ ApS was founded on 30 June 1998.

What is the equity of KARTZ ApS?

Equity was DKK 44.0m 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.