BORG DEVELOPMENT ApS
CVR 28673663 · Private limited company (ApS) · Active · Low risk
BORG DEVELOPMENT ApS is a Private limited company (ApS), founded on , based in Nyborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 19 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 12.0m and a net result of DKK 1.7m. CEO: Kenneth Borg.
Bankruptcy risk for BORG DEVELOPMENT ApS
0.0 × the average (1.41%) · higher risk than 18% 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
- 28673663
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (19 years)
- Address
- Ellemosevej 2
5800 Nyborg - Municipality
- Nyborg
- Industry
- Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 885k
- Auditor
- Schmidt REVISION ApS
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 1 of 19 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 74.2% |
| Current ratio | 69% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 3 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 875k | DKK 1.2m |
| Net profit | DKK 1.7m | DKK 3.5m |
| Equity | DKK 12.0m | DKK 11.7m |
| Total assets | DKK 16.2m | DKK 18.6m |
| Cash | DKK 88k | – |
| Short-term debt | DKK 2.0m | – |
| Avg. employees | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · Schmidt REVISION ApS.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 131 | ||
| 1 Jan 2024 – 31 Dec 2024 | 134 | ||
| 1 Jan 2023 – 31 Dec 2023 | 163 | ||
| 1 Jan 2022 – 31 Dec 2022 | 117 | ||
| 1 Jan 2021 – 31 Dec 2021 | 138 | ||
| 1 Jan 2020 – 31 Dec 2020 | 132 | ||
| 1 Jan 2019 – 31 Dec 2019 | 199 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 129 | ||
| 1 Jan 2017 – 31 Dec 2017 | 137 | ||
| 1 Jan 2016 – 31 Dec 2016 | 96 | ||
| 1 Jan 2015 – 31 Dec 2015 | 139 | ||
| 1 Jan 2014 – 31 Dec 2014 | 107 | ||
| 1 Jan 2013 – 31 Dec 2013 | 72 | ||
| 1 Jan 2012 – 31 Dec 2012 | 113 | ||
| 1 Jan 2011 – 31 Dec 2011 | 141 | ||
| 1 Jan 2010 – 31 Dec 2010 | 101 | ||
| 1 Jan 2009 – 31 Dec 2009 | 88 | ||
| 1 Jan 2008 – 31 Dec 2008 | 148 | ||
| 7 Dec 2006 – 31 Dec 2007 | 146 |
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 | Kenneth Borg | Current | |
| Owner (100%) | Kenneth Borg | Current | |
| Auditor | Svensson og Offersen Statsautoriserede revisorer | ||
| Auditor | REVISION OFFERSEN ApS | ||
| Auditor | E.L. Revision v/ Esther Larsen | ||
| Auditor | Schmidt REVISION ApS | ||
| Founder | Kenneth Borg | Current |
The CEOs' other companies
Kenneth Borg – 2 other companies
- BORG TOTALENTREPRISE ApS Active
- Proimport ApS Active
Address history (1 moves)
| Ellemosevej 2, 5800 Nyborg | |
| Slettensvej 91, 5270 Odense N |
Other companies at the same address
- J.H. HANDELSFIRMA ApS Bankrupt
- BORG TOTALENTREPRISE ApS Active
- Proimport ApS Active
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- F & J NIELSEN HOLDING ApS Nyborg
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Questions and answers about BORG DEVELOPMENT ApS
Has BORG DEVELOPMENT ApS gone bankrupt?
No, BORG DEVELOPMENT ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of BORG DEVELOPMENT 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 BORG DEVELOPMENT ApS?
Kenneth Borg is the CEO of BORG DEVELOPMENT ApS.
Who is the auditor of BORG DEVELOPMENT ApS?
BORG DEVELOPMENT ApS most recently used Schmidt REVISION ApS.
When was BORG DEVELOPMENT ApS founded?
BORG DEVELOPMENT ApS was founded on 7 December 2006.
What is the equity of BORG DEVELOPMENT ApS?
Equity was DKK 12.0m 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.