CORTSEN HOLDING ApS

CVR 26393906 · Private limited company (ApS) · Active · Low risk

CORTSEN HOLDING ApS is a Private limited company (ApS), founded on , based in Aarhus C. 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 Apr 2026) shows equity of DKK 32.0m and a net result of DKK 5.4m. CEO: Morten Cortsen.

Bankruptcy risk for CORTSEN HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×

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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
26393906
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
c/o Morten Cortsen, Irma Pedersens Gade 25, 6. 4
8000 Aarhus C
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
REVISORHUSET GODKENDTE REVISORER A/S
Audit opted out
No

Warning signs

Annual reports filed late4 of 24
Missing annual reportNo
Negative equityNo
Equity ratio99.7%
Current ratio29,310%
Moves (last 2 years)2
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20262025
Gross profitDKK -15kDKK 22.0m
Net profitDKK 5.4mDKK 16.8m
EquityDKK 32.0mDKK 28.2m
Total assetsDKK 32.2mDKK 28.8m
CashDKK 850k–
Short-term debtDKK 110k–
Tax owedDKK 22k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · RevisorHuset godkendte revisorer a/s.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 202642
1 May 2024 – 30 Apr 2025181
1 May 2023 – 30 Apr 2024156
1 May 2022 – 30 Apr 2023162
1 May 2021 – 30 Apr 2022188 Late
1 May 2020 – 30 Apr 2021165
1 May 2019 – 30 Apr 2020256 Late
1 May 2018 – 30 Apr 2019149
1 May 2017 – 30 Apr 2018149
1 May 2016 – 30 Apr 2017161
1 May 2015 – 30 Apr 2016167
1 May 2014 – 30 Apr 2015164
1 May 2013 – 30 Apr 2014159
1 May 2012 – 30 Apr 2013164
1 May 2011 – 30 Apr 2012160
1 May 2010 – 30 Apr 2011167
1 May 2009 – 30 Apr 2010164
1 May 2008 – 30 Apr 200939
1 May 2007 – 30 Apr 2008152
1 May 2006 – 30 Apr 2007153

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 CortsenCurrent
CEOHelle Freundlich Andersen
Owner (100%)Morten CortsenCurrent
AuditorREVISORHUSET GODKENDTE REVISORER A/SCurrent
AuditorGreen IV ApS
AuditorNyberg & Nielsen ejendomsudlejning I/S
AuditorPETER ROSE ApS
AuditorRegistreret revisor Peter Rose
AuditorMN Revision og Rådgivning
FounderKR 332 ApSCurrent

The CEOs' other companies

Morten Cortsen – 3 other companies

Helle Freundlich Andersen – 60 other companies, of which 42 bankrupt

Address history (4 moves)

c/o Morten Cortsen, Irma Pedersens Gade 25, 6. 4, 8000 Aarhus C
c/o Morten Cortsen, Irma Pedersens Gade 25, 6. 4, 8000 Aarhus C
c/o Morten Cortsen, Skæring Højsagervej 1, 8250 Egå
c/o Morten Cortsen, Skæring Parkvej 51, 8250 Egå
c/o Kromann Reumert, Rådhuspladsen 14, 1550 København V

Former names

CORTSEN HOLDING ApS – now
KR 1020 ApS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about CORTSEN HOLDING ApS

Has CORTSEN HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of CORTSEN 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 CORTSEN HOLDING ApS?

Morten Cortsen is the CEO of CORTSEN HOLDING ApS.

Who is the auditor of CORTSEN HOLDING ApS?

CORTSEN HOLDING ApS most recently used REVISORHUSET GODKENDTE REVISORER A/S.

When was CORTSEN HOLDING ApS founded?

CORTSEN HOLDING ApS was founded on 7 January 2002.

What is the equity of CORTSEN HOLDING ApS?

Equity was DKK 32.0m according to the annual report for the period ending 30 April 2026.

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