KLITGAARD & CO. ApS

CVR 27221688 · Private limited company (ApS) · Active · Low risk

KLITGAARD & CO. ApS is a Private limited company (ApS), founded on , based in Odense NV. The company is registered in the industry maleraktiviteter. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 887k and a net result of DKK 579k. CEO: Ivan Klitgaard Pedersen.

Bankruptcy risk for KLITGAARD & CO. ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
27221688
Status
Active
Company type
Private limited company (ApS)
Founded
(23 years)
Address
Åbakkevej 43
5210 Odense NV
Municipality
Odense
Industry
Maleraktiviteter (433410)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
11 (2018)
Auditor
DANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 23
Missing annual reportNo
Negative equityNo
Equity ratio39.6%
Current ratio115%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 4.6mDKK 4.1m
Net profitDKK 579kDKK 485k
EquityDKK 887kDKK 788k
Total assetsDKK 2.2mDKK 1.6m
CashDKK 226k–
Short-term debtDKK 1.3m–
Avg. employees9–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · DANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025151
1 Jan 2024 – 31 Dec 2024137
1 Jan 2023 – 31 Dec 2023139
1 Jan 2022 – 31 Dec 2022146
1 Jan 2021 – 31 Dec 202180
1 Jan 2020 – 31 Dec 2020124
1 Jan 2019 – 31 Dec 201984
1 Jan 2018 – 31 Dec 2018102
1 Jan 2017 – 31 Dec 2017104
1 Jan 2016 – 31 Dec 201679
1 Jan 2015 – 31 Dec 2015120
1 Jan 2014 – 31 Dec 2014164
1 Jan 2013 – 31 Dec 2013151
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011169
1 Jan 2010 – 31 Dec 2010151
1 Jan 2009 – 31 Dec 2009101
1 Jan 2008 – 31 Dec 2008110
1 Jan 2007 – 31 Dec 2007156
1 Jan 2006 – 31 Dec 2006141

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
CEOIvan Klitgaard PedersenCurrent
Owner (100%)IVAN KLITGAARD HOLDING ApSCurrent
AuditorDANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB
FounderIvan Klitgaard PedersenCurrent

The CEOs' other companies

Ivan Klitgaard Pedersen – 2 other companies

Address history (1 moves)

Åbakkevej 43, 5210 Odense NV
Åbakkevej 43, 5210 Odense NV

Employees per year

Number of employees at KLITGAARD & CO. ApS per year6112011: 520112012: 620122013: 620132014: 520142015: 620152016: 1020162017: 920172018: 112018

Other companies at the same address

Similar companies in Odense

Questions and answers about KLITGAARD & CO. ApS

Has KLITGAARD & CO. ApS gone bankrupt?

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

What is the bankruptcy risk of KLITGAARD & CO. ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of KLITGAARD & CO. ApS?

Ivan Klitgaard Pedersen is the CEO of KLITGAARD & CO. ApS.

Who is the auditor of KLITGAARD & CO. ApS?

KLITGAARD & CO. ApS most recently used DANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB.

When was KLITGAARD & CO. ApS founded?

KLITGAARD & CO. ApS was founded on 20 June 2003.

What is the equity of KLITGAARD & CO. ApS?

Equity was DKK 887k 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.