NetSection ApS

CVR 29389616 · Private limited company (ApS) · Active · Low risk

NetSection ApS is a Private limited company (ApS), founded on , based in Odder. The company is registered in the industry computerprogrammering. 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 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 880k and a net result of DKK 568k. CEO: Lars Armin Karlslund.

Bankruptcy risk for NetSection ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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
29389616
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Solbrinken 19
8300 Odder
Municipality
Odder
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 125k
Employees
2 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 20
Missing annual reportNo
Negative equityNo
Equity ratio67.6%
Current ratio308%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.3mDKK 676kDKK 820k
Net profitDKK 568kDKK 105kDKK 215k
EquityDKK 880kDKK 312kDKK 407k
Total assetsDKK 1.3mDKK 1.3mDKK 1.4m
CashDKK 1.0mDKK 858k–
Short-term debtDKK 423kDKK 966k–
Tax owedDKK 160kDKK 30k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021186 Late
1 Jan 2020 – 31 Dec 2020124
1 Jan 2019 – 31 Dec 2019240 Late
1 Jan 2018 – 31 Dec 2018164
1 Jan 2017 – 31 Dec 2017169
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015165
1 Jan 2014 – 31 Dec 2014117
1 Jan 2013 – 31 Dec 2013163
1 Jan 2012 – 31 Dec 2012144
1 Jan 2011 – 31 Dec 2011170
1 Jan 2010 – 31 Dec 2010167
1 Jan 2009 – 31 Dec 2009161
1 Jan 2008 – 31 Dec 2008161
1 Jan 2007 – 31 Dec 2007169
14 Feb 2006 – 31 Dec 2006185 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
CEOLars Armin KarlslundCurrent
CEOBrian Staal
Owner (100%)NULL POINTER ApSCurrent
Owner (100%)NULL POINTER ApS
Owner (50%)NULL POINTER ApS
Owner (50%)Randomware Holding ApS
Owner (100%)Lars Armin Karlslund
AuditorERNST & YOUNG DENMARK P/S
AuditorFOLK ApS
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderBrian StaalCurrent
FounderLEICEPS IT ApSCurrent

The CEOs' other companies

Lars Armin Karlslund – 3 other companies

Brian Staal – 5 other companies, of which 1 bankrupt

Address history (0 moves)

Solbrinken 19, 8300 Odder

Former names

NetSection ApS – now
MOMEDIA ApS –

Employees per year

Number of employees at NetSection ApS per year122018: 22018

Other companies at the same address

Similar companies in Odder

Questions and answers about NetSection ApS

Has NetSection ApS gone bankrupt?

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

What is the bankruptcy risk of NetSection 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 NetSection ApS?

Lars Armin Karlslund is the CEO of NetSection ApS.

Who is the auditor of NetSection ApS?

NetSection ApS most recently used Beierholm.

When was NetSection ApS founded?

NetSection ApS was founded on 14 February 2006.

What is the equity of NetSection ApS?

Equity was DKK 880k 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.