BST Fire Protection ApS

CVR 28313578 · Private limited company (ApS) · Active · Very high risk

BST Fire Protection ApS is a Private limited company (ApS), founded on , based in Slagelse. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 9.4% over the next 12 months, which is 6.7 times the average for Danish companies. 20 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 4.9m and a net result of DKK -4.6m.

Bankruptcy risk for BST Fire Protection ApS

9.4%
probability of bankruptcy within 12 months
Very high risk

6.7 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
28313578
Status
Active
Company type
Private limited company (ApS)
Founded
(21 years)
Address
Holbækvej 11
4200 Slagelse
Municipality
Slagelse
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
23 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late5 of 21
Missing annual reportNo
Negative equityNo
Equity ratio13.0%
Current ratio115%
Moves (last 2 years)0
CEO changes in total11
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 51.8mDKK 37.1mDKK 45.7m
Net profitDKK -4.6mDKK -36.1mDKK -30.1m
EquityDKK 4.9mDKK 9.5mDKK 5.6m
Total assetsDKK 37.7mDKK 75.7mDKK 96.5m
Short-term debtDKK 29.6mDKK 61.5m–
Avg. employees5876–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024125
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022206 Late
1 Jan 2021 – 31 Dec 2021194 Late
1 Jan 2020 – 31 Dec 2020190 Late
1 Jan 2019 – 31 Dec 2019161
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 201796
1 Jan 2016 – 31 Dec 2016137
1 Jan 2015 – 31 Dec 2015140
1 Jan 2014 – 31 Dec 201461
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012113
1 Jan 2011 – 31 Dec 2011153
1 Jan 2010 – 31 Dec 2010150
1 Jan 2009 – 31 Dec 2009137
1 Jan 2008 – 31 Dec 2008112
1 Jan 2007 – 31 Dec 2007100
1 Jan 2006 – 31 Dec 2006113

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
CEOKim Madsen
CEOHenrik Eghave Flindtholt
CEOMichael Jacobsen
CEOHenrik Eghave Flindtholt
CEOAndy Ulrik Poulsen
CEOHenrik Bloch
CEOOlov Schagerlund
BoardAndy Ulrik Poulsen
BoardPeter Alois Bühler
BoardPatrik Torbjörn Oscar Viksten
BoardHenrik Bloch
Owner (100%)BST Denmark ApSCurrent
Owner (33%)FLINDTHOLT HOLDING ApS
Owner (50%)KA 10 ApS
Owner (33%)A ULRIK P HOLDING ApS
Owner (10%)Jégwan Kaaber Holding ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderApS KBUS 38 nr.3117Current

The CEOs' other companies

Kim Madsen – 57 other companies, of which 57 bankrupt

Henrik Eghave Flindtholt – 8 other companies, of which 3 bankrupt

Andy Ulrik Poulsen – 6 other companies, of which 1 bankrupt

Henrik Bloch – 10 other companies, of which 2 bankrupt

Address history (8 moves)

Holbækvej 11, 4200 Slagelse
Bibliotekvej 55A, 2., 2650 Hvidovre
c/o Henrik Flindtholt, Kulbyvej 11, 4270 Høng
c/o Michael Jacobsen, Sct.Knudsgade 4A, 4200 Slagelse
c/o Henrik Flindtholt, Kulbyvej 11, 4270 Høng
Korsørvej 33, 4200 Slagelse
Kildegårdsvej 8, 4200 Slagelse
Kildegårdsvej 8, 4200 Slagelse
Kronprinsessegade 18, 1306 København K

Former names

BST Fire Protection ApS – now
Flindtholt.dk ApS –
EGHAVE ApS –
EGHAVE DIAMANTBORING ApS –
ApS KBUS 17 NR. 3880 –

Employees per year

Number of employees at BST Fire Protection ApS per year12232009: 020092012: 020122013: 420132014: 1020142015: 1520152016: 1720162017: 1820172018: 232018

Other companies at the same address

Similar companies in Slagelse

Questions and answers about BST Fire Protection ApS

Has BST Fire Protection ApS gone bankrupt?

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

What is the bankruptcy risk of BST Fire Protection ApS?

Our model estimates a bankruptcy risk of 9.4% over the next 12 months (very high risk), which is 6.7 times the average for Danish companies.

Who is the auditor of BST Fire Protection ApS?

BST Fire Protection ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was BST Fire Protection ApS founded?

BST Fire Protection ApS was founded on 1 January 2005.

What is the equity of BST Fire Protection ApS?

Equity was DKK 4.9m 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.