Cloud Software Group Denmark ApS

CVR 21627909 · Private limited company (ApS) · Active · Low risk

Cloud Software Group Denmark ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry engroshandel med informations- og kommunikationsudstyr. 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 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 210.5m and a net result of DKK 3.0m. CEO: Brian Lee Shytle.

Bankruptcy risk for Cloud Software Group Denmark ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×

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
21627909
Status
Active
Company type
Private limited company (ApS)
Founded
(27 years)
Address
Kalkbrænderiløbskaj 4
2100 København Ø
Municipality
København
Industry
Engroshandel med informations- og kommunikationsudstyr (465000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 130k
Employees
18 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late8 of 27
Missing annual reportNo
Negative equityNo
Equity ratio94.4%
Current ratio1,779%
Moves (last 2 years)1
CEO changes in total14
CEO's previous bankruptcies0
Other companies at the address103
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 18.0mDKK 18.7mDKK 29.8m
Net profitDKK 3.0mDKK 8.0mDKK 3.1m
EquityDKK 210.5mDKK 207.5mDKK 217.9m
Total assetsDKK 223.0mDKK 219.9mDKK 227.6m
CashDKK 4.3mDKK 5.7m–
Short-term debtDKK 12.5mDKK 12.4m–
Tax owedDKK 0DKK 274k–
Avg. employees69–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025154
1 Jan 2024 – 31 Dec 2024220 Late
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022201 Late
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019184 Late
1 Jan 2018 – 31 Dec 2018158
1 Jan 2017 – 31 Dec 2017157
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015174
1 Jan 2014 – 31 Dec 2014166
1 Jan 2013 – 31 Dec 2013196 Late
1 Jan 2012 – 31 Dec 2012180
1 Jan 2011 – 31 Dec 2011205 Late
1 Jan 2010 – 31 Dec 2010157
1 Jan 2009 – 31 Dec 2009152
1 Jan 2008 – 31 Dec 2008153
1 Jan 2007 – 31 Dec 2007163
1 Jan 2006 – 31 Dec 2006176

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
CEOBrian Lee ShytleCurrent
CEOKim Madsen
CEOStefan Ulf Göran Sjöström
CEORichard Scott Herren
CEOCarlos Emilio Sartorius Witte
CEODavid Zalewski
CEOJessica Savica Soisson
CEOMalgorzata Stelmach-Hansson
BoardBrian Lee ShytleCurrent
BoardAntonio Gilbert GomesCurrent
BoardPeter Andreas Stakemann
BoardMarc-Andre Boisseau
BoardJames Joseph Felcyn
BoardHeike Elisabeth Wesche
BoardMichael Johannes Albert Wendl
BoardTheresa Philomena Concepta Lane
BoardDavid Daniel Urbani
BoardJohn Patrick Cunningham
BoardStefan Ulf Göran Sjöström
BoardDavid James Henshall
BoardJohn Peter Connor
BoardCarlos Emilio Sartorius Witte
BoardMark Faris
BoardRichard Scott Herren
BoardCaoimhe Ní Ghiosáin
BoardDavid Zalewski
BoardBrian Lee Shytle
BoardJessica Savica Soisson
BoardMalgorzata Stelmach-Hansson
BoardOliver Kirchner
BoardAlexander Edward Kolar
BoardGanesh Vaidyanathan
BoardSajeev Kumar Sukumaran
Owner (100%)Cloud Software Group Switzerland GmbHCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorEY Danmark A/S
AuditorERNST & YOUNG DENMARK P/S
AuditorEY Godkendt Revisionspartnerselskab
FounderANPARTSSELSKABET STAKEMANNCurrent

The CEOs' other companies

Kim Madsen – 57 other companies, of which 57 bankrupt

Address history (2 moves)

Kalkbrænderiløbskaj 4, 2100 København Ø
Kalkbrænderiløbskaj 4, 2100 København Ø
Lyngbyvej 20, 2100 København Ø

Former names

Cloud Software Group Denmark ApS – now
CITRIX SYSTEMS DENMARK ApS –
ApS KBIL 38 NR. 2271 –

Employees per year

Number of employees at Cloud Software Group Denmark ApS per year531062011: 2120112012: 3820122013: 6020132014: 10020142015: 10620152016: 2420162017: 2220172018: 182018

Other companies at the same address

Similar companies in København

Questions and answers about Cloud Software Group Denmark ApS

Has Cloud Software Group Denmark ApS gone bankrupt?

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

What is the bankruptcy risk of Cloud Software Group 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 Cloud Software Group Denmark ApS?

Brian Lee Shytle is the CEO of Cloud Software Group Denmark ApS.

Who is the auditor of Cloud Software Group Denmark ApS?

Cloud Software Group Denmark ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Cloud Software Group Denmark ApS founded?

Cloud Software Group Denmark ApS was founded on 1 April 1999.

What is the equity of Cloud Software Group Denmark ApS?

Equity was DKK 210.5m 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.