BAAN TECH ApS

CVR 29769982 · Private limited company (ApS) · Active · Medium risk

BAAN TECH ApS is a Private limited company (ApS), founded on , based in Nyborg. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 19 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -266k and a net result of DKK -9,326. CEO: Henrik Wulff Riedl.

Bankruptcy risk for BAAN TECH ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
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
29769982
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
c/o Ved gitterporten (3B), Skippergade 3
5800 Nyborg
Municipality
Nyborg
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 19
Missing annual reportNo
Negative equityYes
Equity ratio-67.6%
Current ratio65%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1,911DKK 51kDKK 117k
Net profitDKK -9,326DKK 20kDKK 83k
EquityDKK -266kDKK -256kDKK -277k
Total assetsDKK 393kDKK 322kDKK 421k
CashDKK 86kDKK 104k–
Short-term debtDKK 602kDKK 522k–

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 2025174
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022159
1 Jan 2021 – 31 Dec 2021146
1 Jan 2020 – 31 Dec 2020145
1 Jan 2019 – 31 Dec 201984
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 2017146
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015138
1 Jan 2014 – 31 Dec 201481
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012173
1 Jan 2011 – 31 Dec 2011177
1 Jan 2010 – 31 Dec 2010181
1 Jan 2009 – 31 Dec 2009178
1 Jan 2008 – 31 Dec 2008173
4 Aug 2006 – 31 Dec 2007143

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
CEOHenrik Wulff RiedlCurrent
CEOBrian Aadal Nielsen
Owner (0%)Henrik Wulff RiedlCurrent
Owner (100%)EXIDEA ApSCurrent
Owner (100%)Henrik Wuff
FounderPRON ApSCurrent

The CEOs' other companies

Henrik Wulff Riedl – 14 other companies, of which 6 bankrupt

Brian Aadal Nielsen – 1 other companies, of which 1 bankrupt

Address history (6 moves)

c/o Ved gitterporten (3B), Skippergade 3, 5800 Nyborg
c/o ved gitterporten, Skippergade 3, 5800 Nyborg
Lersey Alle 14, 5871 Frørup
c/o Fiona Revision ApS, Anderupvej 54, 5270 Odense N
Karlavej 2, 5270 Odense N
Gammelsø 4, 5000 Odense C
Thulevej 19, 5210 Odense NV

Employees per year

Number of employees at BAAN TECH ApS per year112007: 120072008: 020082017: 120172018: 12018

Other companies at the same address

Similar companies in Nyborg

Questions and answers about BAAN TECH ApS

Has BAAN TECH ApS gone bankrupt?

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

What is the bankruptcy risk of BAAN TECH ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of BAAN TECH ApS?

Henrik Wulff Riedl is the CEO of BAAN TECH ApS.

When was BAAN TECH ApS founded?

BAAN TECH ApS was founded on 4 August 2006.

What is the equity of BAAN TECH ApS?

Equity was DKK -266k 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.