CETO ApS

CVR 28107447 · Private limited company (ApS) · Active · Low risk

CETO ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry detailhandel med drikkevarer. 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 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 7.4m and a net result of DKK -20k. CEO: Karsten Brian Nielsen.

Bankruptcy risk for CETO ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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
28107447
Status
Active
Company type
Private limited company (ApS)
Founded
(22 years)
Address
c/o DIOVINO, Tyrstedlund 39
8700 Horsens
Municipality
Horsens
Industry
Detailhandel med drikkevarer (472500)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 125k
Employees
2 (2018)
Auditor
LEIF MIKKELSEN & PARTNERE A/S
Audit opted out
No

Warning signs

Annual reports filed late7 of 22
Missing annual reportNo
Negative equityNo
Equity ratio61.1%
Current ratio235%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 968kDKK 1.1mDKK 1.0m
Net profitDKK -20kDKK -140kDKK 250k
EquityDKK 7.4mDKK 7.4mDKK 7.5m
Total assetsDKK 12.0mDKK 12.6mDKK 13.1m
CashDKK 181kDKK 88k–
Short-term debtDKK 1.9mDKK 1.8m–
Tax owedDKK 11DKK 0–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Leif Mikkelsen & Partnere A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025184 Late
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023171
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019259 Late
1 Jan 2018 – 31 Dec 2018158
1 Jan 2017 – 31 Dec 2017166
1 Jan 2016 – 31 Dec 2016143
1 Jan 2015 – 31 Dec 2015160
1 Jan 2014 – 31 Dec 2014182
1 Jan 2013 – 31 Dec 2013168
1 Jan 2012 – 31 Dec 2012168
1 Jan 2011 – 31 Dec 2011171
1 Jan 2010 – 31 Dec 2010167
1 Jan 2009 – 31 Dec 2009168
1 Jan 2008 – 31 Dec 2008160
1 Jan 2007 – 31 Dec 2007213 Late
1 Jan 2006 – 31 Dec 2006189 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
CEOKarsten Brian NielsenCurrent
Owner (100%)Karsten Brian NielsenCurrent
AuditorLEIF MIKKELSEN & PARTNERE A/SCurrent
AuditorLEIF MIKKELSEN & PARTNERE A/S
AuditorLEIF MIKKELSEN & PARTNERE A/S
FounderKarsten Brian NielsenCurrent

The CEOs' other companies

Karsten Brian Nielsen – 2 other companies, of which 2 bankrupt

Address history (2 moves)

c/o DIOVINO, Tyrstedlund 39, 8700 Horsens
Tyrstedlund 39, 8700 Horsens
c/o Karsten Nielsen, Lindholm 9, 8700 Horsens

Former names

CETO ApS – now
TELESHOPPEN HOLDING ApS –

Employees per year

Number of employees at CETO ApS per year122011: 120112012: 120122013: 120132014: 220142015: 220152016: 220162017: 220172018: 22018

Similar companies in Horsens

Questions and answers about CETO ApS

Has CETO ApS gone bankrupt?

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

What is the bankruptcy risk of CETO 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 CETO ApS?

Karsten Brian Nielsen is the CEO of CETO ApS.

Who is the auditor of CETO ApS?

CETO ApS most recently used LEIF MIKKELSEN & PARTNERE A/S.

When was CETO ApS founded?

CETO ApS was founded on 13 September 2004.

What is the equity of CETO ApS?

Equity was DKK 7.4m 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.