KRONOS DENMARK ApS

CVR 24242781 · Private limited company (ApS) · Active · Low risk

KRONOS DENMARK ApS is a Private limited company (ApS), founded on 1 October 1999, based in København V. The company is registered in the industry gennemløbsholdingselskaber. 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 1.8bn and a net result of DKK 53.3m. CEO: Terje Robert Karlsen.

Bankruptcy risk for KRONOS 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

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×

Municipality changes3+ · bankruptcy rate 10.6%1.2×

Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×

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×

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

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: 24242781
Status: Active
Company type: Private limited company (ApS)
Founded: 1 October 1999 (27 years)
Address: c/o Gorrissen Federspiel, Axeltorv 2
1609 København V
Municipality: København
Industry: Gennemløbsholdingselskaber (642130)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital: DKK 1.0m
Employees: 2 (2006)
Auditor: PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out: No

Warning signs

Annual reports filed late	10 of 27
Missing annual report	No
Negative equity	No
Equity ratio	100.0%
Current ratio	4,581%
Moves (last 2 years)	0
CEO changes in total	6
CEO's previous bankruptcies	0
Other companies at the address	308
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK -807k	DKK -692k	DKK -555k
Net profit	DKK 53.3m	DKK 807.1m	DKK -200.1m
Equity	DKK 1.8bn	DKK 2.2bn	DKK 2.2bn
Total assets	DKK 1.8bn	DKK 2.2bn	DKK 2.2bn
Cash	DKK 508k	DKK 523k	–
Short-term debt	DKK 385k	DKK 416k	–
Avg. employees	2	–	–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	10 Jul 2026	191	Late
1 Jan 2024 – 31 Dec 2024	10 Jul 2025	191	Late
1 Jan 2023 – 31 Dec 2023	11 Jul 2024	193	Late
1 Jan 2022 – 31 Dec 2022	7 Jul 2023	188	Late
1 Jan 2021 – 31 Dec 2021	1 Jul 2022	182
1 Jan 2020 – 31 Dec 2020	2 Jul 2021	183
1 Jan 2019 – 31 Dec 2019	30 May 2020	151
1 Jan 2018 – 31 Dec 2018	31 May 2019	151
1 Jan 2017 – 31 Dec 2017	2 Jun 2018	153
1 Jan 2016 – 31 Dec 2016	31 May 2017	151
1 Jan 2015 – 31 Dec 2015	4 Jun 2016	156
1 Jan 2014 – 31 Dec 2014	8 Jun 2015	159
1 Jan 2013 – 31 Dec 2013	15 Jul 2014	196	Late
1 Jan 2012 – 31 Dec 2012	18 Jul 2013	199	Late
1 Jan 2011 – 31 Dec 2011	4 Jun 2012	156
1 Jan 2010 – 31 Dec 2010	14 Jun 2011	165
1 Jan 2009 – 31 Dec 2009	3 Jun 2010	154
1 Jan 2008 – 31 Dec 2008	10 Jun 2009	161
1 Jan 2007 – 31 Dec 2007	11 Jun 2008	163
1 Jan 2006 – 31 Dec 2006	25 Jun 2007	176

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

Role	Name	From	To
CEO	Terje Robert Karlsen	1 Jul 2022	Current
CEO	Kim Madsen	1 Oct 1999	29 Nov 1999
CEO	Karl Klemens Theodor Schlüter	2 Sep 2013	31 Mar 2016
CEO	Hans-Jürgen Theus	1 Apr 2016	30 Jun 2022
Board	Peter Andreas Stakemann	1 Oct 1999	29 Nov 1999
Board	Volker Bernd Roth	29 Nov 1999	1 Apr 2008
Board	Andrew Kasprowiak	29 Nov 1999	1 Sep 2011
Board	Terje Haglund	29 Nov 1999	18 Feb 2000
Board	Erik Maria Frans van der Auwera	29 Nov 1999	18 Feb 2000
Board	Henry Hawksworth Basson	18 Feb 2000	9 Jun 2006
Board	Thomas Cerny	18 Feb 2000	1 Oct 2012
Board	Ulrich Fritz Kabelac	1 Apr 2008	2 Sep 2013
Board	Friedrich Ulfert Fiand	9 Sep 2011	2 Sep 2013
Board	Karl Klemens Theodor Schlüter	1 Oct 2012	2 Sep 2013
Owner (100%)	Kronos International Inc.	29 Nov 1999	Current
Auditor	PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB	1 Jul 2011	Current
Auditor	ERNST & YOUNG DENMARK P/S	1 Oct 1999	29 Nov 1999
Auditor	PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB	29 Nov 1999	7 Mar 2000
Auditor	DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB	7 Mar 2000	19 Dec 2002
Auditor	PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB	19 Dec 2002	1 Jul 2011
Founder	VX 10.312 ApS	1 Oct 1999	Current

The CEOs' other companies

Kim Madsen – 57 other companies, of which 57 bankrupt

01.08.2003, SJÆLLAND ApS Bankrupt 5 Nov 2004
1001 WATT ApS Bankrupt 29 Jan 2002
119987-JEH ApS Bankrupt 23 May 2014
13. JULI 2005 ApS Bankrupt 5 Sep 2005
1WAY2PRINT A/S Bankrupt 24 Jul 2003
24237982 A/S Bankrupt 25 Apr 2012
27768490 ApS Bankrupt 31 Aug 2011
2X INVEST ApS Bankrupt 12 Dec 2008
3 SIGMA ApS Bankrupt 9 Jun 2005
31. DECEMBER 2008 ApS Bankrupt 18 May 2009
3B HERNING ApS Bankrupt 20 Dec 2006
3L LIVSLANG LÆRING ApS Bankrupt 25 Apr 2006
4 X B HOLDING ApS Bankrupt 27 Aug 2020
4-MATION ApS Bankrupt 10 Nov 2005
4S SERVICE ApS Bankrupt 27 Jan 2009
4U2SMS INTERNATIONAL ApS Bankrupt 9 Oct 2003
A COMPANY ApS Bankrupt 11 Mar 2009
A+E ApS Bankrupt 22 Sep 2010
A-1-IMPORT ApS Bankrupt 5 May 2006
A-BYG INVEST ApS Bankrupt 14 Aug 2014
A/S AF 1.10.2002 Bankrupt 28 Oct 2003
A/S AF 30.9.2003 Bankrupt 28 Nov 2012
A/S ALFA EL VEJLE Bankrupt 18 Dec 2003
A/S BELDEN Bankrupt 5 Apr 2004
A/S DRAGERNE SERVICE & TRANSPORT Bankrupt 8 Aug 2002
A/S PETERS JUL Bankrupt 15 Jan 2007
A/S PSE 10 NR. 1930 Bankrupt 26 Aug 1997
A/S PSE NR. 5178 Bankrupt 11 May 1999
A/S PSE NR. 5653 Bankrupt 14 Oct 2003
AA - ENTREPRENØR ApS Bankrupt 14 Aug 2015

Address history (5 moves)

25 Apr 2017	c/o Gorrissen Federspiel, Axeltorv 2, 1609 København V
8 Feb 2008	c/o Gorrissen Federspiel Kierkegaard, H.C. Andersens Boulevard 12, 1553 København V
1 Jan 2007	Hanne Nielsens Vej 10, 2840 Holte
31 Mar 2000	Hanne Nielsens Vej 10, 2840 Holte
29 Nov 1999	c/o Deloitte & Touche, H. C. Andersens Boulevard 2, 1780 København V
1 Oct 1999	c/o Advokatfirmaet Stakemann, Kronprinsessegade 18, 1306 København K

Former names

KRONOS DENMARK ApS	29 Nov 1999 – now
ApS KBIL 9 NR. 2130	1 Oct 1999 – 28 Nov 1999

Employees per year

Other companies at the same address

FOOD & FUEL ApS Bankrupt
KHAO THAI ApS Bankrupt
Kassandra ApS Bankrupt
LA GIROLLE ApS Bankrupt
M.G.5. OF COPENHAGEN ApS Bankrupt
N25 Phoenix ApS Bankrupt
PKHAL ApS Bankrupt
RESTAURANT GRAABRØDRE SCALA ApS Bankrupt
SCALA BIOGRAFER A/S Bankrupt
SCALA INTERNATIONAL ENTERTAINMENT ApS Bankrupt
SHOES TIME ApS Bankrupt
SMILEY KLINIKKEN ApS Bankrupt
VICH 3405 ApS Bankrupt
X3M ENTERTAINMENT SCALA CITY ApS Bankrupt
ZaaRex ApS Bankrupt
AET Infrastructure ApS Active
AG SNUS AKTIESELSKAB Opløst
Aaom Holding ApS Active
Aesthetic Medical Supplies ApS Active
Aktieselskabet af 29. december 2021 Opløst
Ankle ApS Active
Anpartsselskabet af 21.08.2026 Opløst
As1 Sports DK BidCo ApS Active
Avenir Invest ApS Active
Aventa ApS Compulsorily dissolved

Similar companies in København

FORAS HOLDING A/S København K
Skov Company Holding ApS København S
Ubaiqa Holding ApS København S
Third Ear Holding ApS København K
PENA & Co. ApS København K
Schelle Ventures ApS Nordhavn
Røen Holding ApS København S
Hams Holding ApS København SV
Gerdes Group ApS København S
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BOIBYEN.DK Advokatholding ApS København Ø
Thorco Capital III ApS København Ø

Questions and answers about KRONOS DENMARK ApS

Has KRONOS DENMARK ApS gone bankrupt?

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

What is the bankruptcy risk of KRONOS 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 KRONOS DENMARK ApS?

Terje Robert Karlsen is the CEO of KRONOS DENMARK ApS.

Who is the auditor of KRONOS DENMARK ApS?

KRONOS DENMARK ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was KRONOS DENMARK ApS founded?

KRONOS DENMARK ApS was founded on 1 October 1999.

What is the equity of KRONOS DENMARK ApS?

Equity was DKK 1.8bn 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.