KORTECH ApS
CVR 26339723 · Private limited company (ApS) · Active · Medium risk
KORTECH ApS is a Private limited company (ApS), founded on , based in Ringe. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 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 -1.5m and a net result of DKK 8,660. CEO: Michael Kørschen.
Bankruptcy risk for KORTECH ApS
1.9 × the average (1.41%) · higher risk than 86% of active Danish companies
Increases the risk
Reduces the risk
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
- 26339723
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (24 years)
- Address
- Bolteskovvej 10
5750 Ringe - Municipality
- Faaborg-Midtfyn
- Industry
- Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse - Share capital
- DKK 125k
- Employees
- 0 (2016)
- Auditor
- Baker Tilly Denmark
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 4 of 24 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -75.5% |
| Current ratio | 36% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 0 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 317k | DKK 139k | DKK 106 |
| Net profit | DKK 8,660 | DKK -1.7m | DKK 130 |
| Equity | DKK -1.5m | DKK -1.5m | DKK 213 |
| Total assets | DKK 1.9m | DKK 1.3m | DKK 4,779 |
| Cash | DKK 1,998 | DKK 31k | – |
| Short-term debt | DKK 1.1m | DKK 520k | – |
| Avg. employees | 1 | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Baker Tilly Denmark.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 194 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 183 | ||
| 1 Jan 2023 – 31 Dec 2023 | 192 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 131 | ||
| 1 Jan 2021 – 31 Dec 2021 | 153 | ||
| 1 Jan 2020 – 31 Dec 2020 | 161 | ||
| 1 Jan 2019 – 31 Dec 2019 | 220 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 156 | ||
| 1 Jan 2017 – 31 Dec 2017 | 143 | ||
| 1 Jan 2016 – 31 Dec 2016 | 153 | ||
| 1 Jan 2015 – 31 Dec 2015 | 153 | ||
| 1 Jan 2014 – 31 Dec 2014 | 149 | ||
| 1 Jan 2013 – 31 Dec 2013 | 130 | ||
| 1 Jan 2012 – 31 Dec 2012 | 158 | ||
| 1 Jun 2010 – 31 May 2011 | 153 | ||
| 1 Jun 2009 – 31 May 2010 | 154 | ||
| 1 Jun 2008 – 31 May 2009 | 176 | ||
| 1 Jun 2007 – 31 May 2008 | 135 | ||
| 1 Jun 2006 – 31 May 2007 | 170 | ||
| 1 Jun 2005 – 31 May 2006 | 145 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Michael Kørschen | Current | |
| CEO | Kim Madsen | ||
| Owner (100%) | Michael Kørschen | Current | |
| Auditor | ERNST & YOUNG DENMARK P/S | ||
| Auditor | HENRIK IVERSEN & PARTNERE A/S | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Auditor | JHCC ApS | ||
| Founder | ApS KBUS 38 nr.3117 | Current |
The CEOs' other companies
Michael Kørschen – 3 other companies
- CON E COM A/S Opløst
- IntelliFinder A/S Active
- TELLIP A/S Opløst
Kim Madsen – 57 other companies, of which 57 bankrupt
- 01.08.2003, SJÆLLAND ApS Bankrupt 5 Nov 2004
- 1001 WATT ApS Bankrupt 29 Jan 2002
- 119987-JEH ApS Bankrupt 23 May 2014
- 13. JULI 2005 ApS Bankrupt 5 Sep 2005
- 1WAY2PRINT A/S Bankrupt 24 Jul 2003
- 24237982 A/S Bankrupt 25 Apr 2012
- 27768490 ApS Bankrupt 31 Aug 2011
- 2X INVEST ApS Bankrupt 12 Dec 2008
- 3 SIGMA ApS Bankrupt 9 Jun 2005
- 31. DECEMBER 2008 ApS Bankrupt 18 May 2009
- 3B HERNING ApS Bankrupt 20 Dec 2006
- 3L LIVSLANG LÆRING ApS Bankrupt 25 Apr 2006
- 4 X B HOLDING ApS Bankrupt 27 Aug 2020
- 4-MATION ApS Bankrupt 10 Nov 2005
- 4S SERVICE ApS Bankrupt 27 Jan 2009
- 4U2SMS INTERNATIONAL ApS Bankrupt 9 Oct 2003
- A COMPANY ApS Bankrupt 11 Mar 2009
- A+E ApS Bankrupt 22 Sep 2010
- A-1-IMPORT ApS Bankrupt 5 May 2006
- A-BYG INVEST ApS Bankrupt 14 Aug 2014
- A/S AF 1.10.2002 Bankrupt 28 Oct 2003
- A/S AF 30.9.2003 Bankrupt 28 Nov 2012
- A/S ALFA EL VEJLE Bankrupt 18 Dec 2003
- A/S BELDEN Bankrupt 5 Apr 2004
- A/S DRAGERNE SERVICE & TRANSPORT Bankrupt 8 Aug 2002
- A/S PETERS JUL Bankrupt 15 Jan 2007
- A/S PSE 10 NR. 1930 Bankrupt 26 Aug 1997
- A/S PSE NR. 5178 Bankrupt 11 May 1999
- A/S PSE NR. 5653 Bankrupt 14 Oct 2003
- AA - ENTREPRENØR ApS Bankrupt 14 Aug 2015
Address history (5 moves)
| Bolteskovvej 10, 5750 Ringe | |
| Blangstedgårdsvej 8, 5220 Odense SØ | |
| Hjallesegade 45, 5260 Odense S | |
| Billedskærervej 19, 5230 Odense M | |
| Holkebjergvej 79, 5250 Odense SV | |
| c/o Stakemann A/S, Kronprinsessegade 18, 1306 København K |
Former names
| KORTECH ApS | – now |
| MK HOLDING ODENSE ApS | – |
| ApS KBUS 17 NR. 1828 | – |
Employees per year
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Questions and answers about KORTECH ApS
Has KORTECH ApS gone bankrupt?
No, KORTECH ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of KORTECH ApS?
Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.
Who is the CEO of KORTECH ApS?
Michael Kørschen is the CEO of KORTECH ApS.
Who is the auditor of KORTECH ApS?
KORTECH ApS most recently used Baker Tilly Denmark.
When was KORTECH ApS founded?
KORTECH ApS was founded on 26 November 2001.
What is the equity of KORTECH ApS?
Equity was DKK -1.5m 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.