IT SYSTEMS HOLDING ApS

CVR 21843938 · Private limited company (ApS) · Active · Low risk

IT SYSTEMS HOLDING ApS is a Private limited company (ApS), founded on , based in Vejle Øst. The company is registered in the industry ikke-finansielle holdingselskaber. 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. The latest annual report (31 Dec 2025) shows equity of DKK 6.1m and a net result of DKK 1.4m. CEO: Mads Nørtoft Petersen.

Bankruptcy risk for IT SYSTEMS HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% 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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Current ratio200%–500% · bankruptcy rate 3.4%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
21843938
Status
Active
Company type
Private limited company (ApS)
Founded
(27 years)
Address
Ulbækhusvej 65
7120 Vejle Øst
Municipality
Vejle
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Employees
1 (1999)
Auditor
K.T. REVISION Godkendt Revisionsanpartsselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 27
Missing annual reportNo
Negative equityNo
Equity ratio95.9%
Current ratio457%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -7,330DKK -2,149
Net profitDKK 1.4mDKK 645k
EquityDKK 6.1mDKK 4.8m
Total assetsDKK 6.3mDKK 5.1m
CashDKK 301k–
Short-term debtDKK 257k–
Tax owedDKK 158k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · K.T. REVISION.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025166
1 Jan 2024 – 31 Dec 2024133
1 Jan 2023 – 31 Dec 2023148
1 Jan 2022 – 31 Dec 2022101
1 Jan 2021 – 31 Dec 20214
1 Jan 2020 – 31 Dec 2020137
1 Jan 2019 – 31 Dec 20198
1 Jan 2018 – 31 Dec 2018130
1 Jan 2017 – 31 Dec 2017148
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014154
1 Jan 2013 – 31 Dec 2013142
1 Jan 2012 – 31 Dec 201295
1 Jan 2011 – 31 Dec 2011145
1 Jan 2010 – 31 Dec 2010149
1 Jan 2009 – 31 Dec 200996
1 Jan 2008 – 31 Dec 2008159
1 Jan 2007 – 31 Dec 2007153
1 Jan 2006 – 31 Dec 2006150

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
CEOMads Nørtoft PetersenCurrent
Owner (100%)Mads Nørtoft PetersenCurrent
AuditorK.T. REVISION Godkendt RevisionsanpartsselskabCurrent
AuditorMARTINSEN, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorRevisionskontoret i Daugaard
AuditorStatus Revision, Godkendt Revisionsaktieselskab
AuditorMR ADMINISTRATION 2010 A/S
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorREVISIONSFIRMAET PEDER HOLT REGISTRERET REVISIONSANPARTSSELSKAB
FounderMads Nørtoft PetersenCurrent

The CEOs' other companies

Mads Nørtoft Petersen – 5 other companies

Address history (2 moves)

Ulbækhusvej 65, 7120 Vejle Øst
Ulbækhusvej 65, 7120 Vejle Øst
Ulbækhusvej 65, 7120 Vejle Øst

Former names

IT SYSTEMS HOLDING ApS – now
IT SYSTEMS ApS –

Employees per year

Number of employees at IT SYSTEMS HOLDING ApS per year111999: 11999

Other companies at the same address

Similar companies in Vejle

Questions and answers about IT SYSTEMS HOLDING ApS

Has IT SYSTEMS HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of IT SYSTEMS HOLDING 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 IT SYSTEMS HOLDING ApS?

Mads Nørtoft Petersen is the CEO of IT SYSTEMS HOLDING ApS.

Who is the auditor of IT SYSTEMS HOLDING ApS?

IT SYSTEMS HOLDING ApS most recently used K.T. REVISION Godkendt Revisionsanpartsselskab.

When was IT SYSTEMS HOLDING ApS founded?

IT SYSTEMS HOLDING ApS was founded on 25 June 1999.

What is the equity of IT SYSTEMS HOLDING ApS?

Equity was DKK 6.1m 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.