Algorithmic Cavalier ApS

CVR 25237536 · Private limited company (ApS) · Active · Low risk

Algorithmic Cavalier ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry computerprogrammering. 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 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 25.0m and a net result of DKK -31k. CEO: Morten Middelfart.

Bankruptcy risk for Algorithmic Cavalier 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

RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
25237536
Status
Active
Company type
Private limited company (ApS)
Founded
(26 years)
Address
c/o Jakob Middelfart, Østbanegade 167, 2. tv
2100 København Ø
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 500k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 26
Missing annual reportNo
Negative equityNo
Equity ratio98.4%
Current ratio0%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Net profitDKK -31kDKK -28k
EquityDKK 25.0mDKK 25.0m
Total assetsDKK 25.4mDKK 25.4m
CashDKK 5–
Short-term debtDKK 395k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020190 Late
1 Jan 2019 – 31 Dec 2019249 Late
1 Jan 2018 – 31 Dec 2018175
1 Jan 2017 – 31 Dec 2017172
1 Jan 2016 – 31 Dec 2016143
1 Jan 2015 – 31 Dec 2015173
1 Jan 2014 – 31 Dec 2014174
1 Jan 2013 – 31 Dec 2013175
1 Jan 2012 – 31 Dec 2012170
1 Jan 2011 – 31 Dec 2011181
1 Jan 2010 – 31 Dec 2010178
1 Jan 2009 – 31 Dec 2009162
1 Jan 2008 – 31 Dec 2008145
1 Jan 2007 – 31 Dec 2007172
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
CEOMorten MiddelfartCurrent
BoardLars Langelund Jørgensen
BoardMichael Christensen
BoardJens Erik Middelfart
Owner (100%)Morten MiddelfartCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMorten MiddelfartCurrent

The CEOs' other companies

Morten Middelfart – 4 other companies, of which 1 bankrupt

Address history (5 moves)

c/o Jakob Middelfart, Østbanegade 167, 2. tv, 2100 København Ø
c/o BDO, Nørrebro 15, 9800 Hjørring
c/o Targit A/S, Ålborgvej 94, 9800 Hjørring
c/o Morten Middelfart, Eventyrparken 17, 9800 Hjørring
c/o Morten Middelfart, Eventyrparken 17, 9800 Hjørring
Østergade 12B, 3. th, 9800 Hjørring

Former names

Algorithmic Cavalier ApS – now
MORTON SYSTEMS UNLIMITED ApS –
MORTON HOLDING ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Algorithmic Cavalier ApS

Has Algorithmic Cavalier ApS gone bankrupt?

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

What is the bankruptcy risk of Algorithmic Cavalier 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 Algorithmic Cavalier ApS?

Morten Middelfart is the CEO of Algorithmic Cavalier ApS.

Who is the auditor of Algorithmic Cavalier ApS?

Algorithmic Cavalier ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Algorithmic Cavalier ApS founded?

Algorithmic Cavalier ApS was founded on 10 February 2000.

What is the equity of Algorithmic Cavalier ApS?

Equity was DKK 25.0m 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.