TRISTATE HOLDING ApS

CVR 25815629 · Private limited company (ApS) · Active · Low risk

TRISTATE HOLDING ApS is a Private limited company (ApS), founded on , based in København Ø. 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, of which 2 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 314.2m and a net result of DKK 15.2m. CEO: Morten Felsvang, Karsten Stig Felsvang.

Bankruptcy risk for TRISTATE 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

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

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×
Reporting classReporting class C, mellemstor virksomhed · 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
25815629
Status
Active
Company type
Private limited company (ApS)
Founded
(25 years)
Address
Per Henrik Lings Allé 4, 7.
2100 København Ø
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
PIASTER REVISORERNE, GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 25
Missing annual reportNo
Negative equityNo
Equity ratio99.9%
Current ratio8,227%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address42
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 20kDKK 20kDKK 40k
Gross profitDKK -546kDKK -323kDKK -4.7m
Net profitDKK 15.2mDKK 4.0mDKK -4.1m
EquityDKK 314.2mDKK 247.6mDKK 216.0m
Total assetsDKK 314.4mDKK 248.0mDKK 218.5m
CashDKK 491kDKK 5.7m–
Short-term debtDKK 226kDKK 391k–
Tax owedDKK 0DKK 0–
Avg. employees21–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Piaster Revisorerne, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025178
1 Oct 2023 – 30 Sep 2024148
1 Oct 2022 – 30 Sep 2023187 Late
1 Oct 2021 – 30 Sep 2022185 Late
1 Oct 2020 – 30 Sep 2021158
1 Oct 2019 – 30 Sep 202097
1 Oct 2018 – 30 Sep 2019156
1 Oct 2017 – 30 Sep 2018162
1 Oct 2016 – 30 Sep 2017170
1 Oct 2015 – 30 Sep 2016151
1 Oct 2014 – 30 Sep 2015167
1 Oct 2013 – 30 Sep 2014157
1 Oct 2012 – 30 Sep 2013169
1 Oct 2011 – 30 Sep 2012158
1 Oct 2010 – 30 Sep 2011156
1 Oct 2009 – 30 Sep 2010132
1 Oct 2008 – 30 Sep 2009167
1 Oct 2007 – 30 Sep 2008145
1 Oct 2006 – 30 Sep 2007145
1 Oct 2005 – 30 Sep 2006142

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 FelsvangCurrent
CEOKarsten Stig FelsvangCurrent
CEOPreben Bang Henriksen
Owner (100%)Morten FelsvangCurrent
AuditorPIASTER REVISORERNE, GODKENDT REVISIONSAKTIESELSKABCurrent
AuditorHarry Aamann
AuditorHenrik Pommerencke
AuditorPOMMERENCKE ApS
FounderPREBEN BANG HENRIKSEN. AALBORG ApSCurrent

The CEOs' other companies

Morten Felsvang – 9 other companies, of which 2 bankrupt

Karsten Stig Felsvang – 10 other companies, of which 1 bankrupt

Preben Bang Henriksen – 46 other companies, of which 46 bankrupt

Address history (4 moves)

Per Henrik Lings Allé 4, 7., 2100 København Ø
Per Henrik Lings Allé 4, 4., 2100 København Ø
Lautrupsgade 9, 1., 2100 København Ø
Maglebjergvej 5D, 2800 Kgs.Lyngby
c/o Advokat Preben Bang Henriksen, Slotspladsen 2, 9000 Aalborg

Former names

TRISTATE HOLDING ApS – now
PBH 27.520 ApS –

Other companies at the same address

Similar companies in København

Questions and answers about TRISTATE HOLDING ApS

Has TRISTATE HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of TRISTATE 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 TRISTATE HOLDING ApS?

Morten Felsvang, Karsten Stig Felsvang are the CEOs of TRISTATE HOLDING ApS.

Who is the auditor of TRISTATE HOLDING ApS?

TRISTATE HOLDING ApS most recently used PIASTER REVISORERNE, GODKENDT REVISIONSAKTIESELSKAB.

When was TRISTATE HOLDING ApS founded?

TRISTATE HOLDING ApS was founded on 1 January 2001.

What is the equity of TRISTATE HOLDING ApS?

Equity was DKK 314.2m according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.