ULSTED BIOGAS ApS

CVR 25699386 · Private limited company (ApS) · Active · Low risk

ULSTED BIOGAS ApS is a Private limited company (ApS), founded on , based in Hals. The company is registered in the industry produktion af gas. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 353k and a net result of DKK -1.4m. CEO: Frank Kartz Johansen.

Bankruptcy risk for ULSTED BIOGAS ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
25699386
Status
Active
Company type
Private limited company (ApS)
Founded
(26 years)
Address
Houvej 90
9370 Hals
Municipality
Aalborg
Industry
Produktion af gas (352100)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 125k
Employees
1 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 25
Missing annual reportNo
Negative equityNo
Equity ratio2.2%
Current ratio29%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 732kDKK 1.4mDKK -85k
Net profitDKK -1.4mDKK -1.0mDKK -995k
EquityDKK 353kDKK -1.9mDKK -881k
Total assetsDKK 15.7mDKK 18.0mDKK 18.9m
Cash–DKK 0–
Short-term debtDKK 11.2mDKK 19.9m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202561
1 Jan 2024 – 31 Dec 2024175
1 Jul 2022 – 30 Jun 2023173
1 Jul 2021 – 30 Jun 2022173
1 Jul 2020 – 30 Jun 2021159
1 Jul 2019 – 30 Jun 2020157
1 Jul 2018 – 30 Jun 2019145
1 Jul 2017 – 30 Jun 2018158
1 Jul 2016 – 30 Jun 2017150
1 Jul 2015 – 30 Jun 2016158
1 Jul 2014 – 30 Jun 2015161
1 Jul 2013 – 30 Jun 2014156
1 Jul 2012 – 30 Jun 2013155
1 Jul 2011 – 30 Jun 2012150
1 Jul 2010 – 30 Jun 2011143
1 Jul 2009 – 30 Jun 2010103
1 Jul 2008 – 30 Jun 2009149
1 Jul 2007 – 30 Jun 2008129
1 Jul 2006 – 30 Jun 2007144
1 Jul 2005 – 30 Jun 2006166

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
CEOFrank Kartz JohansenCurrent
CEOJørgen Thomsen
BoardAnders Bundgaard
BoardJørgen Thomsen
BoardAllan Holland Flarup
Owner (100%)BIO ENERGISYSTEM A/SCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
Auditor2KRIS Invest ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDANSK REVISION SKIVE REGISTRERET REVISIONSANPARTSSELSKAB
FounderBIO ENERGISYSTEM A/SCurrent

The CEOs' other companies

Frank Kartz Johansen – 14 other companies

Jørgen Thomsen – 2 other companies

Address history (3 moves)

Houvej 90, 9370 Hals
Rørholtvej 86, 9370 Hals
Rørholtvej 86, 9370 Hals
86,

Employees per year

Number of employees at ULSTED BIOGAS ApS per year112011: 120112012: 120122013: 120132014: 120142015: 120152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about ULSTED BIOGAS ApS

Has ULSTED BIOGAS ApS gone bankrupt?

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

What is the bankruptcy risk of ULSTED BIOGAS ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of ULSTED BIOGAS ApS?

Frank Kartz Johansen is the CEO of ULSTED BIOGAS ApS.

Who is the auditor of ULSTED BIOGAS ApS?

ULSTED BIOGAS ApS most recently used EY Godkendt Revisionspartnerselskab.

When was ULSTED BIOGAS ApS founded?

ULSTED BIOGAS ApS was founded on 30 October 2000.

What is the equity of ULSTED BIOGAS ApS?

Equity was DKK 353k 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.