GREENBYTE ApS

CVR 29412448 · Private limited company (ApS) · Active · Low risk

GREENBYTE ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.1% 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 2.4m and a net result of DKK 415k. CEO: Ulrik Nejsum Madsen.

Bankruptcy risk for GREENBYTE ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · 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
29412448
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Bjerrevej 95
8700 Horsens
Municipality
Horsens
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 125k
Employees
4 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 19
Missing annual reportNo
Negative equityNo
Equity ratio34.6%
Current ratio110%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.5mDKK 4.3mDKK 3.0m
Net profitDKK 415kDKK 61kDKK 37k
EquityDKK 2.4mDKK 2.0mDKK 1.9m
Total assetsDKK 7.0mDKK 5.8mDKK 6.4m
CashDKK 2.3mDKK 456k–
Short-term debtDKK 4.0mDKK 3.0m–
Tax owedDKK 143k––

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021165
1 Jan 2020 – 31 Dec 2020173
1 Jan 2019 – 31 Dec 2019228 Late
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017165
1 Jan 2016 – 31 Dec 2016159
1 Jan 2015 – 31 Dec 2015161
1 Jan 2014 – 31 Dec 2014160
1 Jan 2013 – 31 Dec 2013154
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011161
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009152
1 Jul 2007 – 31 Dec 2008147
6 Mar 2006 – 30 Jun 2007156

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
CEOUlrik Nejsum MadsenCurrent
Owner (100%)Greenbyte Holding ApSCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorMogens Nygaard
FounderUlrik Nejsum MadsenCurrent

The CEOs' other companies

Ulrik Nejsum Madsen – 6 other companies

Address history (3 moves)

Bjerrevej 95, 8700 Horsens
Chr M Østergaards Vej 4, 8700 Horsens
Vesterskovvej 9, 8660 Skanderborg
Vesterskovvej 9, 8660 Skanderborg

Former names

GREENBYTE ApS – now
MILLWATCHER ApS –

Employees per year

Number of employees at GREENBYTE ApS per year352011: 020112012: 220122013: 320132014: 220142015: 520152016: 320162017: 420172018: 42018

Other companies at the same address

Similar companies in Horsens

Questions and answers about GREENBYTE ApS

Has GREENBYTE ApS gone bankrupt?

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

What is the bankruptcy risk of GREENBYTE ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of GREENBYTE ApS?

Ulrik Nejsum Madsen is the CEO of GREENBYTE ApS.

When was GREENBYTE ApS founded?

GREENBYTE ApS was founded on 6 March 2006.

What is the equity of GREENBYTE ApS?

Equity was DKK 2.4m 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.