COTTONCARE ApS

CVR 26695171 · Private limited company (ApS) · Active · Medium risk

COTTONCARE ApS is a Private limited company (ApS), founded on , based in Galten. The company is registered in the industry fremstilling af andre maskiner til specielle formål i.a.n.. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 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 2,967 and a net result of DKK -2,876. CEO: Carsten Andersen.

Bankruptcy risk for COTTONCARE ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Capital changes2 · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
26695171
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
Bizonvej 2
8464 Galten
Municipality
Skanderborg
Industry
Fremstilling af andre maskiner til specielle formål i.a.n. (289900)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 127k
Employees
3 (2004)
Auditor
Aros statsautoriserede revisorer I/S
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 24
Missing annual reportNo
Negative equityNo
Equity ratio1.0%
Current ratio101%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 294kDKK 126k
Net profitDKK -2,876DKK -108k
EquityDKK 2,967DKK 5,843
Total assetsDKK 309kDKK 144k
CashDKK 12k–
Short-term debtDKK 306k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Aros statsautoriserede revisorer I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023148
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021145
1 Jan 2020 – 31 Dec 2020146
1 Jan 2019 – 31 Dec 2019107
1 Jan 2018 – 31 Dec 201867
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016166
1 Jan 2015 – 31 Dec 2015123
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 2013142
1 Jan 2012 – 31 Dec 2012147
1 Jan 2011 – 31 Dec 2011170
1 Jan 2010 – 31 Dec 2010170
1 Jan 2009 – 31 Dec 2009147
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007156
1 Jan 2006 – 31 Dec 2006198 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
CEOCarsten AndersenCurrent
CEOErik Jepsen
BoardTage Meinertz Nilsson
BoardErik Jepsen
BoardThorkil Krag
BoardCarsten Andersen
BoardMorten Stenbro
Owner (100%)FORMFIBER DENMARK ApSCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorERNST & YOUNG DENMARK P/S
AuditorDANSK REVISION ROSKILDE, GODKENDT REVISIONSAKTIESELSKAB
AuditorSKOV REVISION REGISTRERET REVISIONSANPARTSSELSKAB
FounderSteen JepsenCurrent
FounderMarianne KjølbyCurrent
FounderKlaus Eiskjær JepsenCurrent
FounderCAPNOVA A/SCurrent
FounderCAT-SYMBION INNOVATION A/SCurrent

The CEOs' other companies

Carsten Andersen – 5 other companies

Erik Jepsen – 6 other companies, of which 3 bankrupt

Address history (3 moves)

Bizonvej 2, 8464 Galten
Ursusvej 16, 8464 Galten
Liselejevej 27, 9270 Klarup
Hornbækvej 104, 9270 Klarup

Former names

COTTONCARE ApS – now
BIO-7-FIBRE ApS –
BIO-7-FIBERS ApS –

Employees per year

Number of employees at COTTONCARE ApS per year352002: 420022003: 520032004: 32004

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about COTTONCARE ApS

Has COTTONCARE ApS gone bankrupt?

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

What is the bankruptcy risk of COTTONCARE ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of COTTONCARE ApS?

Carsten Andersen is the CEO of COTTONCARE ApS.

Who is the auditor of COTTONCARE ApS?

COTTONCARE ApS most recently used Aros statsautoriserede revisorer I/S.

When was COTTONCARE ApS founded?

COTTONCARE ApS was founded on 15 June 2002.

What is the equity of COTTONCARE ApS?

Equity was DKK 2,967 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.