Syndicate Software ApS

CVR 28670338 · Private limited company (ApS) · Active · Low risk

Syndicate Software ApS is a Private limited company (ApS), founded on , based in Ringsted. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 19 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 37k and a net result of DKK -73k. CEO: Glenn Turn Jensen.

Bankruptcy risk for Syndicate Software ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Municipality changes3+ · 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

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
28670338
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
Schandorphsvej 10A
4100 Ringsted
Municipality
Ringsted
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
0 (2007)
Auditor
Martinsen, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 19
Missing annual reportNo
Negative equityNo
Equity ratio46.3%
Current ratio186%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -94kDKK -29kDKK -24k
Net profitDKK -73kDKK -23kDKK -25k
EquityDKK 37kDKK 36kDKK -104k
Total assetsDKK 81kDKK 74kDKK 61k
CashDKK 2,216DKK 1,485–
Short-term debtDKK 43kDKK 39k–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022183
1 Jan 2021 – 31 Dec 202195
1 Jan 2020 – 31 Dec 2020153
1 Jan 2019 – 31 Dec 2019232 Late
1 Jul 2017 – 30 Jun 2018153
1 Jul 2016 – 30 Jun 2017172
1 Jul 2015 – 30 Jun 2016154
1 Jul 2014 – 30 Jun 201576
1 Jul 2013 – 30 Jun 2014130
1 Jul 2012 – 30 Jun 2013158
1 Jul 2011 – 30 Jun 2012188 Late
1 Jul 2010 – 30 Jun 2011112
1 Jul 2009 – 30 Jun 201092
1 Jul 2008 – 30 Jun 200979
1 Jul 2007 – 30 Jun 2008169
1 Nov 2006 – 30 Jun 2007170

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
CEOGlenn Turn JensenCurrent
Owner (100%)GT SYNDIKATET ApSCurrent
Owner (33%)GT SYNDIKATET ApS
Owner (33%)Eli Heckscher
Owner (33%)Steen Aaby Hensch
AuditorR60 A/S
AuditorForvis Mazars Statsautoriseret Revisionspartnerselskab
AuditorSønderup I/S, statsautoriserede revisorer
FounderGT SYNDIKATET ApSCurrent

The CEOs' other companies

Glenn Turn Jensen – 4 other companies

Address history (6 moves)

Schandorphsvej 10A, 4100 Ringsted
Sct Hansgade 10, kl., 4100 Ringsted
Solvangsvej 18, 4681 Herfølge
Vordingborgvej 35 e, 4600 Køge
Motorgangen 7, 2690 Karlslunde
Alleen 29, 4180 Sorø
29,

Former names

Syndicate Software ApS – now
BIOLOGIC SOLUTIONS ApS –

Employees per year

Number of employees at Syndicate Software ApS per year112007: 02007

Other companies at the same address

Similar companies in Ringsted

Questions and answers about Syndicate Software ApS

Has Syndicate Software ApS gone bankrupt?

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

What is the bankruptcy risk of Syndicate Software 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 Syndicate Software ApS?

Glenn Turn Jensen is the CEO of Syndicate Software ApS.

Who is the auditor of Syndicate Software ApS?

Syndicate Software ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.

When was Syndicate Software ApS founded?

Syndicate Software ApS was founded on 1 November 2006.

What is the equity of Syndicate Software ApS?

Equity was DKK 37k 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.