Baltic Asiatic Timber ApS

CVR 29610169 · Private limited company (ApS) · Active · Low risk

Baltic Asiatic Timber ApS is a Private limited company (ApS), founded on , based in Vedbæk. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -1,488 and a net result of DKK -72k. CEO: Jan Henrik Christiansen.

Bankruptcy risk for Baltic Asiatic Timber ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
29610169
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Sandbjergvej 49
2950 Vedbæk
Municipality
Rudersdal
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 20
Missing annual reportNo
Negative equityYes
Equity ratio-7.8%
Current ratio93%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -72kDKK 59k
Net profitDKK -72kDKK 59k
EquityDKK -1,488DKK -28k
Total assetsDKK 19kDKK 8,814
CashDKK 1,740–
Short-term debtDKK 21k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021174
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018171
1 Jan 2017 – 31 Dec 2017162
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012156
1 Jan 2011 – 31 Dec 2011169
1 Jan 2010 – 31 Dec 2010157
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008158
1 Jan 2007 – 31 Dec 2007154
26 May 2006 – 31 Dec 2006144

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
CEOJan Henrik ChristiansenCurrent
CEOJørgen Christiansen
CEOCamille Louise Christiansen
Owner (100%)BALTIC ASIATIC A/SCurrent
Owner (50%)Yggdrasil ApS
Owner (33%)CALO Holding ApS
Owner (0%)Yggdrasil ApS
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorCJ Partnership I/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorMJAKP P/S
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderJørgen ChristiansenCurrent

The CEOs' other companies

Jan Henrik Christiansen – 50 other companies, of which 5 bankrupt

Jørgen Christiansen – 33 other companies, of which 2 bankrupt

Camille Louise Christiansen – 4 other companies

Address history (4 moves)

Sandbjergvej 49, 2950 Vedbæk
Sandbjergvej 12, 2970 Hørsholm
Sandbjergvej 35, 2950 Vedbæk
c/o Jørgen Christiansen, Birkehavevej 21, 3460 Birkerød
c/o Jørgen Christiansen, Birkehavevej 21, 3460 Birkerød

Former names

Baltic Asiatic Timber ApS – now
JØLIC 2 ApS –

Other companies at the same address

Similar companies in Rudersdal

Questions and answers about Baltic Asiatic Timber ApS

Has Baltic Asiatic Timber ApS gone bankrupt?

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

What is the bankruptcy risk of Baltic Asiatic Timber ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Baltic Asiatic Timber ApS?

Jan Henrik Christiansen is the CEO of Baltic Asiatic Timber ApS.

Who is the auditor of Baltic Asiatic Timber ApS?

Baltic Asiatic Timber ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Baltic Asiatic Timber ApS founded?

Baltic Asiatic Timber ApS was founded on 26 May 2006.

What is the equity of Baltic Asiatic Timber ApS?

Equity was DKK -1,488 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.