CITCO (DENMARK) ApS

CVR 21243434 · Private limited company (ApS) · Active · Low risk

CITCO (DENMARK) ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry investering for egen regning. 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 7.5m and a net result of DKK 121k. CEO: Caspar Schultz.

Bankruptcy risk for CITCO (DENMARK) 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

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×

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
21243434
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
August Bournonvilles Passage 1
1055 København K
Municipality
København
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Employees
6 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late6 of 27
Missing annual reportNo
Negative equityNo
Equity ratio72.4%
Current ratio208%
Moves (last 2 years)1
CEO changes in total22
CEO's previous bankruptcies0
Other companies at the address122
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 4.3mDKK 3.8m
Net profitDKK 121kDKK -137k
EquityDKK 7.5mDKK 5.1m
Total assetsDKK 10.4mDKK 8.3m
CashDKK 1.3m–
Short-term debtDKK 2.9m–
Avg. employees4–

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 2025177
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023170
1 Jan 2022 – 31 Dec 2022153
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020167
1 Jan 2019 – 31 Dec 2019141
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017149
1 Jan 2016 – 31 Dec 2016143
1 Jan 2015 – 31 Dec 2015162
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012134
1 Jan 2011 – 31 Dec 2011162
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009136
1 Jan 2008 – 31 Dec 2008176
1 Jan 2007 – 31 Dec 2007204 Late
1 Jan 2006 – 31 Dec 2006177

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
CEOCaspar SchultzCurrent
CEOPeter Andreas Stakemann
CEOPeter Richard Frederiksen
CEOJan Willem Beers
CEOLuc Louis Egied Hollman
CEOJan Willem Beers
CEOKariem Ausamah Abdellatif
CEOReinier Eduard Teixeira de Mattos
CEOMaurice Franciscus Selhorst
CEOJochem van Rijn
CEOErnst Pieter Knüpfer
CEOKariem Abdellatif
CEOGawein Risto Heymans
Owner (100%)Citco Nederland B.V.Current
Owner (100%)Citco Nederland B.V:
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorH.E.H. 4 A/S
AuditorANDERSEN STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderVX 10.312 ApSCurrent

The CEOs' other companies

Caspar Schultz – 40 other companies

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Peter Richard Frederiksen – 4 other companies

Luc Louis Egied Hollman – 34 other companies, of which 1 bankrupt

Jochem van Rijn – 50 other companies, of which 3 bankrupt

Address history (3 moves)

August Bournonvilles Passage 1, 1055 København K
Nybrogade 12, 1203 København K
Holbergsgade 14, 2. tv, 1057 København K
Larsbjørnsstræde 3, 1454 København K

Former names

CITCO (DENMARK) ApS – now
ApS KBUS 8 NR. 4876 –

Employees per year

Number of employees at CITCO (DENMARK) ApS per year362011: 520112012: 620122013: 520132014: 520142015: 420152016: 520162017: 620172018: 62018

Other companies at the same address

Similar companies in København

Questions and answers about CITCO (DENMARK) ApS

Has CITCO (DENMARK) ApS gone bankrupt?

No, CITCO (DENMARK) ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of CITCO (DENMARK) 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 CITCO (DENMARK) ApS?

Caspar Schultz is the CEO of CITCO (DENMARK) ApS.

Who is the auditor of CITCO (DENMARK) ApS?

CITCO (DENMARK) ApS most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was CITCO (DENMARK) ApS founded?

CITCO (DENMARK) ApS was founded on 1 October 1998.

What is the equity of CITCO (DENMARK) ApS?

Equity was DKK 7.5m 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.