BALTIC TRADING ApS
CVR 27606466 · Private limited company (ApS) · Active · Low risk
BALTIC TRADING ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 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 (31 Dec 2025) shows equity of DKK -7.5m and a net result of DKK -8.1m. CEO: Kaj Bertelsen.
Bankruptcy risk for BALTIC TRADING ApS
0.4 × the average (1.41%) · higher risk than 66% of active Danish companies
Increases the risk
Reduces the risk
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
- 27606466
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (22 years)
- Address
- Houlkærshøjen 2
8800 Viborg - Municipality
- Viborg
- Industry
- Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 330k
- Auditor
- Beierholm
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 2 of 22 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -297.7% |
| Current ratio | 112% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 1 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -18k | DKK -16k |
| Net profit | DKK -8.1m | DKK -561k |
| Equity | DKK -7.5m | DKK 589k |
| Total assets | DKK 2.5m | DKK 10.6m |
| Cash | DKK 20k | – |
| Short-term debt | DKK 17k | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 173 | ||
| 1 Jan 2024 – 31 Dec 2024 | 180 | ||
| 1 Jan 2023 – 31 Dec 2023 | 156 | ||
| 1 Jan 2022 – 31 Dec 2022 | 181 | ||
| 1 Jan 2021 – 31 Dec 2021 | 136 | ||
| 1 Jan 2020 – 31 Dec 2020 | 151 | ||
| 1 Jan 2019 – 31 Dec 2019 | 262 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 135 | ||
| 1 Jan 2017 – 31 Dec 2017 | 166 | ||
| 1 Jan 2016 – 31 Dec 2016 | 160 | ||
| 1 Jan 2015 – 31 Dec 2015 | 161 | ||
| 1 Jan 2014 – 31 Dec 2014 | 173 | ||
| 1 Jan 2013 – 31 Dec 2013 | 155 | ||
| 1 Jan 2012 – 31 Dec 2012 | 161 | ||
| 1 Jan 2011 – 31 Dec 2011 | 134 | ||
| 1 Jan 2010 – 31 Dec 2010 | 166 | ||
| 1 Jan 2009 – 31 Dec 2009 | 96 | ||
| 1 Jan 2008 – 31 Dec 2008 | 188 | Late | |
| 1 Jan 2007 – 31 Dec 2007 | 169 | ||
| 1 Jan 2006 – 31 Dec 2006 | 169 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Kaj Bertelsen | Current | |
| Board | Kaj Bertelsen | Current | |
| Board | Claus Bertelsen | Current | |
| Board | Kirsten Blæsild | Current | |
| Board | Annette Frost Studsgaard | Current | |
| Board | Karl Ejner Frost | ||
| Board | Mogens Blæsild | ||
| Board | Kai Tholstrup Jensen | ||
| Owner (25%) | K.E. FROST ApS | Current | |
| Owner (25%) | M.B. HOLDING ApS | Current | |
| Owner (25%) | KK VIBORG HOLDING ApS | Current | |
| Owner (25%) | CLAUS BERTELSEN HOLDING A/S | Current | |
| Auditor | BEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | Beierholm Godkendt Revisionspartnerselskab | ||
| Founder | PETER LARSEN HOLDING ApS | Current | |
| Founder | MKJ-KOLONIAL. VIBORG ApS | Current | |
| Founder | K.E. FROST ApS | Current | |
| Founder | M.B. HOLDING ApS | Current |
The CEOs' other companies
Kaj Bertelsen – 10 other companies
- ARISTO PACK AF 17.09.1999 A/S Opløst
- ApS DUSINUS AF VIBORG Opløst
- BUNKAS ApS Compulsorily dissolved
- CLAUS BERTELSEN HOLDING A/S Active
- KK VIBORG HOLDING ApS Active
- PETER LARSEN HOLDING ApS Fusioneret
- PETER LARSEN KAFFE A/S Active
- R. A. ApS Active
- Ree Invest BB ApS Opløst
- VINTHER OG LARSEN A/S Fusioneret
Address history (1 moves)
| Houlkærshøjen 2, 8800 Viborg | |
| Ærøvej 15, 8800 Viborg |
Other companies at the same address
- KK VIBORG HOLDING ApS Active
Similar companies in Viborg
- SAMSON GROUP A/S Viborg
- J.O. SØRENSEN ApS Bjerringbro
- J. PETERSEN-BACH HOLDING ApS Bjerringbro
- LIHN HOLDING A/S Viborg
- M.M. MØNSTED ApS Viborg
- Sofie Herløv Holding ApS Viborg
- M.P Capital ApS Karup J
- Mikkel Lundgren Holding ApS Viborg
- MKE Capital ApS Rødkærsbro
- AMP Invest Holding ApS Viborg
- Anette D Holding ApS Viborg
- Rock My World Holding ApS Viborg
Questions and answers about BALTIC TRADING ApS
Has BALTIC TRADING ApS gone bankrupt?
No, BALTIC TRADING ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of BALTIC TRADING ApS?
Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.
Who is the CEO of BALTIC TRADING ApS?
Kaj Bertelsen is the CEO of BALTIC TRADING ApS.
Who is the auditor of BALTIC TRADING ApS?
BALTIC TRADING ApS most recently used Beierholm.
When was BALTIC TRADING ApS founded?
BALTIC TRADING ApS was founded on 19 February 2004.
What is the equity of BALTIC TRADING ApS?
Equity was DKK -7.5m 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.