Cold Jet ApS

CVR 26185262 · Private limited company (ApS) · Active · Low risk

Cold Jet ApS is a Private limited company (ApS), founded on , based in Bramming. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 27.8m and a net result of DKK -483k. CEO: Arvid Nielsen.

Bankruptcy risk for Cold Jet ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% 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×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
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×
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×

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
26185262
Status
Active
Company type
Private limited company (ApS)
Founded
(25 years)
Address
Industrivej 68
6740 Bramming
Municipality
Esbjerg
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 6.4m
Employees
17 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 25
Missing annual reportNo
Negative equityNo
Equity ratio35.3%
Current ratio115%
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 year202520242023
Gross profitDKK 33.6mDKK 37.9mDKK 41.5m
Net profitDKK -483kDKK -1.8mDKK 2.5m
EquityDKK 27.8mDKK 28.3mDKK 30.2m
Total assetsDKK 78.9mDKK 95.0mDKK 111.5m
CashDKK 2.0mDKK 655k–
Short-term debtDKK 46.4mDKK 55.3m–
Tax owed–DKK 0–
Avg. employees4148–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020169
1 Jan 2019 – 31 Dec 2019181
1 Jan 2018 – 31 Dec 2018163
1 Jan 2017 – 31 Dec 2017153
1 Jan 2016 – 31 Dec 2016163
1 Jan 2015 – 31 Dec 2015166
1 Jan 2014 – 31 Dec 2014132
1 Jan 2013 – 31 Dec 2013139
1 Jan 2012 – 31 Dec 2012147
1 Jan 2011 – 31 Dec 2011151
1 Jan 2010 – 31 Dec 2010146
1 Jan 2009 – 31 Dec 2009140
1 Jan 2008 – 31 Dec 200896
1 Jan 2007 – 31 Dec 2007161
1 Jan 2006 – 31 Dec 2006200 Late

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
CEOArvid NielsenCurrent
CEOHans Büttner
CEOBjarne Nielsen
BoardHans Büttner
BoardAnders Steenstrup
BoardMie Büttner
BoardPer Krenk
BoardMie Büttner
BoardMorten Axel Petersen
BoardMads Christian Rasmussen
BoardPeter Erlangsen
BoardJesper Bruun Jørgensen Ørnskov
BoardScott Wright Mac Meekin
BoardHans Büttner
BoardMads Christian Rasmussen
BoardPeer Mørk
BoardOle Madsen
BoardEugene Lambert Cooke III
BoardScott Peter Gatje
BoardJan Lodewijk Maria Frans G. Vansant
Owner (100%)Cold Jet Europe Holdings BVBACurrent
Owner (67%)ICE BLASTING HOLDING ApS
Owner (25%)Mads Christian Rasmussen
Owner (25%)Cold Jet International LLC
Owner (100%)Cold Jet International LLC
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorRevisionskontoret i Daugaard
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
Founderinicio A/SCurrent

The CEOs' other companies

Arvid Nielsen – 2 other companies

Hans Büttner – 19 other companies, of which 2 bankrupt

Address history (3 moves)

Industrivej 68, 6740 Bramming
Industrivej 62, 6740 Bramming
Industrivej 37, 6740 Bramming
37,

Former names

Cold Jet ApS – now
ICETECH ApS –
ICETECH A/S –

Employees per year

Number of employees at Cold Jet ApS per year9172011: 1520112012: 1720122013: 1620132014: 1420142015: 1320152016: 1420162017: 1420172018: 172018

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about Cold Jet ApS

Has Cold Jet ApS gone bankrupt?

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

What is the bankruptcy risk of Cold Jet ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Cold Jet ApS?

Arvid Nielsen is the CEO of Cold Jet ApS.

Who is the auditor of Cold Jet ApS?

Cold Jet ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Cold Jet ApS founded?

Cold Jet ApS was founded on 24 July 2001.

What is the equity of Cold Jet ApS?

Equity was DKK 27.8m 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.