VetNet International ApS

CVR 29520356 · Private limited company (ApS) · Active · Low risk

VetNet International ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 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 (31 Dec 2025) shows equity of DKK -99k and a net result of DKK -355k. CEO: Ralf Jannick Lundby Nielsen, Frederik Gersdorff Korsgaard, Magnus Oxholm Ryborg.

Bankruptcy risk for VetNet International ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
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×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
29520356
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
c/o Korsgaard Consulting ApS, Næstvedgade 28, kl. th
2100 København Ø
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 125k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 19
Missing annual reportNo
Negative equityNo
Equity ratio38.9%
Current ratio148%
Moves (last 2 years)2
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyYes

Financials and key figures

Financial year202520252024
Gross profitDKK 648kDKK 422kDKK 187k
Net profitDKK -355kDKK -50kDKK -212k
EquityDKK -99kDKK 256kDKK 305k
Total assetsDKK 439kDKK 656kDKK 441k
CashDKK 104kDKK 415k–
Short-term debtDKK 538kDKK 330k–
Tax owed–DKK 0–
Avg. employees21–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025195 Late
1 May 2023 – 30 Apr 2024231 Late
1 May 2022 – 30 Apr 2023206 Late
1 May 2021 – 30 Apr 2022205 Late
1 May 2020 – 30 Apr 2021153
1 May 2019 – 30 Apr 2020244 Late
1 May 2018 – 30 Apr 2019149
1 May 2017 – 30 Apr 2018157
1 May 2016 – 30 Apr 2017134
1 May 2015 – 30 Apr 2016153
1 May 2014 – 30 Apr 2015160
1 May 2013 – 30 Apr 2014132
1 May 2012 – 30 Apr 201358
1 May 2011 – 30 Apr 2012105
1 May 2010 – 30 Apr 2011149
1 May 2009 – 30 Apr 2010146
1 May 2008 – 30 Apr 2009123
1 May 2007 – 30 Apr 200857
28 Apr 2006 – 30 Apr 2007154

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
CEORalf Jannick Lundby NielsenCurrent
CEOFrederik Gersdorff KorsgaardCurrent
CEOMagnus Oxholm RyborgCurrent
CEOAage Tang
CEOAage Tang
Owner (100%)VetCo Holding ApSCurrent
Owner (100%)AA TANG HOLDING ApS
AuditorR60-BOMHUS STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorRi Magnoliavej 12 ApS
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorRevisionsfirmaet Lars Jeppesen ApS
AuditorRevisionsfirmaet Lars Jeppesen ApS
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderVetNet DK A/SCurrent

The CEOs' other companies

Ralf Jannick Lundby Nielsen – 6 other companies

Frederik Gersdorff Korsgaard – 3 other companies

Magnus Oxholm Ryborg – 4 other companies

Aage Tang – 2 other companies, of which 1 bankrupt

Address history (4 moves)

c/o Korsgaard Consulting ApS, Næstvedgade 28, kl. th, 2100 København Ø
c/o Frederik Korsgaard, Dronninggårds Alle 5, 1. th, 2840 Holte
c/o AAGE TANG, Langebjerg 1, 4000 Roskilde
Bygaden 12, 4320 Lejre
Bygaden 12, 4320 Lejre

Former names

VetNet International ApS – now
TANG-DEVELOPMENT ApS –

Other companies at the same address

Similar companies in København

Questions and answers about VetNet International ApS

Has VetNet International ApS gone bankrupt?

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

What is the bankruptcy risk of VetNet International ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of VetNet International ApS?

Ralf Jannick Lundby Nielsen, Frederik Gersdorff Korsgaard, Magnus Oxholm Ryborg are the CEOs of VetNet International ApS.

Who is the auditor of VetNet International ApS?

VetNet International ApS most recently used Beierholm.

When was VetNet International ApS founded?

VetNet International ApS was founded on 28 April 2006.

What is the equity of VetNet International ApS?

Equity was DKK -99k 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.