GymTek ApS

CVR 21755737 · Private limited company (ApS) · Active · Low risk

GymTek ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry fremstilling af sportsudstyr. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -311k and a net result of DKK 1,065. CEO: Jimmy Lynggaard Børsting.

Bankruptcy risk for GymTek ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
21755737
Status
Active
Company type
Private limited company (ApS)
Founded
(27 years)
Address
Ærenprisvej 11
5000 Odense C
Municipality
Odense
Industry
Fremstilling af sportsudstyr (323000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 125k
Audit opted out
Yes

Warning signs

Annual reports filed late9 of 27
Missing annual reportNo
Negative equityYes
Equity ratio-113.3%
Current ratio18%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 6,186DKK -8,694
Net profitDKK 1,065DKK -13k
EquityDKK -311kDKK -312k
Total assetsDKK 274kDKK 286k
Short-term debtDKK 555k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020185 Late
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018137
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015166
1 Jan 2014 – 31 Dec 2014166
1 Jan 2013 – 31 Dec 2013172
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011187 Late
1 Jan 2010 – 31 Dec 2010151
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008162
1 Jan 2007 – 31 Dec 2007262 Late
1 Jan 2006 – 31 Dec 2006182

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
CEOJimmy Lynggaard BørstingCurrent
Owner (100%)Jimmy Lynggaard BørstingCurrent
AuditorJohn Eric Rath Petersen
AuditorRevisionsfirmaet Ingrid Jensen
AuditorEY Godkendt Revisionspartnerselskab
FounderJimmy Lynggaard BørstingCurrent

The CEOs' other companies

Jimmy Lynggaard Børsting – 2 other companies, of which 1 bankrupt

Address history (0 moves)

Ærenprisvej 11, 5000 Odense C

Former names

GymTek ApS – now
BLIKVENT ApS –
J.B.L. ApS. –

Similar companies in Odense

Questions and answers about GymTek ApS

Has GymTek ApS gone bankrupt?

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

What is the bankruptcy risk of GymTek ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of GymTek ApS?

Jimmy Lynggaard Børsting is the CEO of GymTek ApS.

When was GymTek ApS founded?

GymTek ApS was founded on 19 May 1999.

What is the equity of GymTek ApS?

Equity was DKK -311k 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.