HEAT-ON ApS

CVR 25900073 · Private limited company (ApS) · Active · Low risk

HEAT-ON ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. 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, of which 3 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 251k and a net result of DKK 75k. CEO: Michael Andersen.

Bankruptcy risk for HEAT-ON 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

Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
25900073
Status
Active
Company type
Private limited company (ApS)
Founded
(25 years)
Address
Jyllandsgade 17D
8700 Horsens
Municipality
Horsens
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
5 (2018)
Auditor
APEX Statsautoriserede revisorer ApS
Audit opted out
No

Warning signs

Annual reports filed late3 of 25
Missing annual reportNo
Negative equityNo
Equity ratio16.1%
Current ratio121%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.7mDKK 1.7m
Net profitDKK 75kDKK 150k
EquityDKK 251kDKK 426k
Total assetsDKK 1.6mDKK 1.3m
CashDKK 246k–
Short-term debtDKK 1.3m–
Avg. employees6–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · APEXStatsautoriserede revisorer ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025105
1 Oct 2023 – 30 Sep 2024189 Late
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022195 Late
1 Oct 2020 – 30 Sep 2021161
1 Oct 2019 – 30 Sep 2020167
1 Oct 2018 – 30 Sep 2019169
1 Oct 2017 – 30 Sep 2018161
1 Oct 2016 – 30 Sep 2017150
1 Oct 2015 – 30 Sep 2016112
1 Oct 2014 – 30 Sep 201542
1 Oct 2013 – 30 Sep 201478
1 Oct 2012 – 30 Sep 201377
1 Oct 2011 – 30 Sep 201257
1 Oct 2010 – 30 Sep 201180
1 Oct 2009 – 30 Sep 201063
1 Oct 2008 – 30 Sep 200947
1 Oct 2007 – 30 Sep 200883
1 Oct 2006 – 30 Sep 200753
1 Oct 2005 – 30 Sep 200674

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
CEOMichael AndersenCurrent
CEOSteen Andersen
CEOIngelise Andersen
Owner (100%)MB HOLDING, HORSENS ApSCurrent
AuditorAPEX Statsautoriserede revisorer ApSCurrent
AuditorROESGAARD A/S
AuditorTJEK Revision & Rådgivning Godkendt Revisionsaktieselskab
FounderS. A. HOLDING HORSENS ApSCurrent

The CEOs' other companies

Michael Andersen – 2 other companies

Steen Andersen – 1 other companies

Address history (1 moves)

Jyllandsgade 17D, 8700 Horsens
Lucernevej 2, 8700 Horsens

Employees per year

Number of employees at HEAT-ON ApS per year362011: 520112012: 620122013: 520132014: 420142015: 320152016: 520162017: 520172018: 52018

Other companies at the same address

Similar companies in Horsens

Questions and answers about HEAT-ON ApS

Has HEAT-ON ApS gone bankrupt?

No, HEAT-ON ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HEAT-ON 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 HEAT-ON ApS?

Michael Andersen is the CEO of HEAT-ON ApS.

Who is the auditor of HEAT-ON ApS?

HEAT-ON ApS most recently used APEX Statsautoriserede revisorer ApS.

When was HEAT-ON ApS founded?

HEAT-ON ApS was founded on 13 February 2001.

What is the equity of HEAT-ON ApS?

Equity was DKK 251k 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.