Cloud Retail Systems A/S

CVR 26391342 · Public limited company (A/S) · Active · Medium risk

Cloud Retail Systems A/S is a Public limited company (A/S), founded on , based in Vejle. The company is registered in the industry computerprogrammering. 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 -19.0m and a net result of DKK -6.5m.

Bankruptcy risk for Cloud Retail Systems A/S

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
26391342
Status
Active
Company type
Public limited company (A/S)
Founded
(24 years)
Address
Innovations Allé 3
7100 Vejle
Municipality
Vejle
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 500k
Employees
11 (2018)
Auditor
Attent Statsautoriseret Revisionsanpartsselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 24
Missing annual reportNo
Negative equityYes
Equity ratio-87.5%
Current ratio2%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address33
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 3.5mDKK 4.4mDKK 4.2m
Net profitDKK -6.5mDKK -5.4mDKK -4.7m
EquityDKK -19.0mDKK -12.4mDKK -7.1m
Total assetsDKK 21.7mDKK 21.9mDKK 21.5m
Short-term debtDKK 28.1mDKK 21.8m–
Avg. employees1010–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Attent Statsautoriseret Revisionsanpartsselskab,.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022183
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020188 Late
1 Jan 2019 – 31 Dec 2019254 Late
1 Jan 2018 – 31 Dec 2018170
1 Jan 2017 – 31 Dec 2017154
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 201578
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 2013136
1 Jan 2012 – 31 Dec 2012120
1 Jan 2011 – 31 Dec 2011150
1 Jan 2010 – 31 Dec 2010143
1 Jan 2009 – 31 Dec 2009130
1 Jan 2008 – 31 Dec 200885
1 Jan 2007 – 31 Dec 2007111
1 Jan 2006 – 31 Dec 2006126

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
CEOBo Paludan Melson
BoardMogens Christian SvendsenCurrent
BoardBo Paludan MelsonCurrent
BoardTroels Reimer EjsingCurrent
BoardBo Paludan Melson
BoardInger Dorthe Svaneby
BoardOve Vestergaard
BoardKim William Schleppegrel Skaue
Owner (67%)Cloud Retail Systems Holding ApSCurrent
Owner (15%)CANMA ApSCurrent
Owner (50%)BM HOLDING VEJLE ApS
Owner (50%)MCS HOLDING HEDENSTED ApS
Owner (100%)Cloud Retail Systems Holding ApS
AuditorAttent Statsautoriseret RevisionsanpartsselskabCurrent
AuditorMARTINSEN, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
FounderBM HOLDING VEJLE ApSCurrent
FounderMCS HOLDING HEDENSTED ApSCurrent

The CEOs' other companies

Bo Paludan Melson – 27 other companies, of which 1 bankrupt

Address history (7 moves)

Innovations Allé 3, 7100 Vejle
Innovations Allé 3, 7100 Vejle
Bugattivej 8, 7100 Vejle
Silovej 8, 6., 9900 Frederikshavn
Hedevej 1, 9800 Hjørring
Bugattivej 8, 7100 Vejle
Bugattivej 8, 7100 Vejle
Andkærvej 19, 7100 Vejle

Former names

Cloud Retail Systems A/S – now
BM INVEST, VEJLE A/S –
MB SOLUTIONS A/S –

Employees per year

Number of employees at Cloud Retail Systems A/S per year11212005: 1920052006: 2120062007: 2120072008: 2120082015: 1420152016: 1420162017: 1420172018: 112018

Other companies at the same address

Similar companies in Vejle

Questions and answers about Cloud Retail Systems A/S

Has Cloud Retail Systems A/S gone bankrupt?

No, Cloud Retail Systems A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Cloud Retail Systems A/S?

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 auditor of Cloud Retail Systems A/S?

Cloud Retail Systems A/S most recently used Attent Statsautoriseret Revisionsanpartsselskab.

When was Cloud Retail Systems A/S founded?

Cloud Retail Systems A/S was founded on 3 January 2002.

What is the equity of Cloud Retail Systems A/S?

Equity was DKK -19.0m 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.