KULING ApS

CVR 26877660 · Private limited company (ApS) · Active · Low risk

KULING ApS is a Private limited company (ApS), founded on , based in Åbyhøj. The company is registered in the industry anden teknisk rådgivning. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 20 annual reports have been published, of which 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -3.4m and a net result of DKK -63k. CEO: Inge Hinnerskov.

Bankruptcy risk for KULING ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · 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×

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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
26877660
Status
Active
Company type
Private limited company (ApS)
Founded
(23 years)
Address
Egsagervej 16, 1.
8230 Åbyhøj
Municipality
Aarhus
Industry
Anden teknisk rådgivning (711290)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 125k
Auditor
Deloitte Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late7 of 23
Missing annual reportNo
Negative equityYes
Equity ratio-35.3%
Current ratio0%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address16
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Net profitDKK -63kDKK -349k
EquityDKK -3.4mDKK -3.3m
Total assetsDKK 9.7mDKK 9.7m
CashDKK 3,673–
Short-term debtDKK 13.1m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025178
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023188 Late
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021195 Late
1 Jan 2020 – 31 Dec 2020194 Late
1 Jan 2019 – 31 Dec 2019246 Late
1 Jan 2018 – 31 Dec 2018155
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016170
1 Jan 2015 – 31 Dec 2015173
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013173
1 Jan 2012 – 31 Dec 2012193 Late
1 Jan 2011 – 31 Dec 2011190 Late
1 Jan 2010 – 31 Dec 2010195 Late
1 Jan 2009 – 31 Dec 2009172
1 Jan 2008 – 31 Dec 2008154
1 Jan 2007 – 31 Dec 2007154
1 Jan 2006 – 31 Dec 2006154

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
CEOInge HinnerskovCurrent
CEOErik Martinussen
CEOLisbeth Martinussen
Owner (100%)Wind Holding II ApSCurrent
Owner (100%)INTERTEC WIND HOLDING ApS
AuditorERNST & YOUNG DENMARK P/S
AuditorK P M G C JESPERSEN ÅRHUS I/S
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderANPARTSSELSKABET STAKEMANNCurrent

The CEOs' other companies

Inge Hinnerskov – 14 other companies

Erik Martinussen – 41 other companies, of which 9 bankrupt

Lisbeth Martinussen – 9 other companies, of which 1 bankrupt

Address history (3 moves)

Egsagervej 16, 1., 8230 Åbyhøj
Fiskergade 66, 8000 Aarhus C
Julius Bechgaards Vej 7, 8000 Århus C
Kronprinsessegade 18, 1306 København K

Former names

KULING ApS – now
ApS KBUS 38 NR. 5121 –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about KULING ApS

Has KULING ApS gone bankrupt?

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

What is the bankruptcy risk of KULING ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of KULING ApS?

Inge Hinnerskov is the CEO of KULING ApS.

Who is the auditor of KULING ApS?

KULING ApS most recently used Deloitte Statsautoriseret Revisionspartnerselskab.

When was KULING ApS founded?

KULING ApS was founded on 18 November 2002.

What is the equity of KULING ApS?

Equity was DKK -3.4m 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.