INART ApS

CVR 29443041 · Private limited company (ApS) · Active · Medium risk

INART ApS is a Private limited company (ApS), founded on , based in Nørreballe. The company is registered in the industry industrielt design og modedesign. Our model estimates a bankruptcy risk of 1.8% over the next 12 months, which is 1.3 times the average for Danish companies. 19 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -326k and a net result of DKK -2. CEO: Baldvin Björnsson.

Bankruptcy risk for INART ApS

1.8%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 81% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Share of late annual reports25%–50% · 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

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
29443041
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
c/o Baldvin Björnsson, Vestre Landevej 110
4951 Nørreballe
Municipality
Lolland
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 125k
Employees
1 (2007)
Audit opted out
Yes

Warning signs

Annual reports filed late7 of 19
Missing annual reportNo
Negative equityYes
Equity ratio–
Current ratio0%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Net profitDKK -2DKK -882
EquityDKK -326kDKK -326k
Total assetsDKK 0DKK 0
CashDKK 0–
Short-term debtDKK 326k–
Tax owedDKK 13k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025182
1 Oct 2023 – 30 Sep 2024182
1 Oct 2022 – 30 Sep 2023195 Late
1 Oct 2021 – 30 Sep 2022187 Late
1 Oct 2020 – 30 Sep 2021125
1 Oct 2019 – 30 Sep 2020156
1 Oct 2018 – 30 Sep 2019168
1 Oct 2017 – 30 Sep 2018156
1 Oct 2016 – 30 Sep 2017174
1 Oct 2015 – 30 Sep 2016164
1 Oct 2014 – 30 Sep 2015161
1 Oct 2013 – 30 Sep 2014265 Late
1 Oct 2012 – 30 Sep 2013204 Late
1 Oct 2011 – 30 Sep 2012177
1 Oct 2010 – 30 Sep 2011167
1 Oct 2009 – 30 Sep 201069
1 Oct 2008 – 30 Sep 2009181
1 Oct 2007 – 30 Sep 2008152
4 Apr 2006 – 30 Sep 2007210 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
CEOBaldvin BjörnssonCurrent
Owner (100%)Baldvin BjörnssonCurrent
AuditorIH Revision Statsaut. Revisionsvirksomhed v/Ina Hørby
AuditorREGISTRERET REVISIONSAKTIESELSKAB BUCH&NØRGAARD
FounderBaldvin BjörnssonCurrent

The CEOs' other companies

Baldvin Björnsson – 3 other companies

Address history (4 moves)

c/o Baldvin Björnsson, Vestre Landevej 110, 4951 Nørreballe
c/o Baldvin Björnsson, Vestre Landevej 110, 4951 Nørreballe
c/o Baldvin Björnsson, Drosselvej 6, 4760 Vordingborg
Bakkebøllevej 43, 4760 Vordingborg
Bakkebøllevej 43, 4760 Vordingborg

Employees per year

Number of employees at INART ApS per year112006: 120062007: 12007

Other companies at the same address

Similar companies in Lolland

Questions and answers about INART ApS

Has INART ApS gone bankrupt?

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

What is the bankruptcy risk of INART ApS?

Our model estimates a bankruptcy risk of 1.8% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of INART ApS?

Baldvin Björnsson is the CEO of INART ApS.

When was INART ApS founded?

INART ApS was founded on 4 April 2006.

What is the equity of INART ApS?

Equity was DKK -326k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.