BALTZER EL-INSTALLATION ApS

CVR 29793239 · Private limited company (ApS) · Active · High risk

BALTZER EL-INSTALLATION ApS is a Private limited company (ApS), founded on , based in Kongens Lyngby. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 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 -5.0m and a net result of DKK -1.2m.

Bankruptcy risk for BALTZER EL-INSTALLATION ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
29793239
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Firskovvej 25A
2800 Kongens Lyngby
Municipality
Lyngby-Taarbæk
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
11 (2018)
Auditor
inforevision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late7 of 19
Missing annual reportNo
Negative equityYes
Equity ratio-127.6%
Current ratio44%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.8mDKK 2.3m
Net profitDKK -1.2mDKK -1.4m
EquityDKK -5.0mDKK -3.8m
Total assetsDKK 3.9mDKK 4.2m
CashDKK 402k–
Short-term debtDKK 8.5m–
Avg. employees8–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · inforevision statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025154
1 Oct 2023 – 30 Sep 2024182
1 Oct 2022 – 30 Sep 2023158
1 Oct 2021 – 30 Sep 2022103
1 Oct 2020 – 30 Sep 202174
1 Oct 2019 – 30 Sep 2020156
1 Oct 2018 – 30 Sep 2019184 Late
1 Oct 2017 – 30 Sep 2018181
1 Oct 2016 – 30 Sep 2017156
1 Oct 2015 – 30 Sep 2016163
1 Oct 2014 – 30 Sep 2015166
1 Oct 2013 – 30 Sep 2014176
1 Oct 2012 – 30 Sep 2013155
1 Oct 2011 – 30 Sep 2012169
1 Oct 2010 – 30 Sep 2011192 Late
1 Oct 2009 – 30 Sep 2010185 Late
1 Oct 2008 – 30 Sep 2009187 Late
1 Oct 2007 – 30 Sep 2008183
28 Sep 2006 – 30 Sep 2007189 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
CEOThorkild Leif Baltzer
Owner (100%)Baltzer Danmark Holding ApSCurrent
Owner (100%)Thorkild Leif Baltzer
Owner (100%)Bente Baltzer
Auditorinforevision statsautoriseret revisionsaktieselskabCurrent
AuditorV 24 ApS
FounderThorkild Leif BaltzerCurrent

The CEOs' other companies

Thorkild Leif Baltzer – 4 other companies

Address history (1 moves)

Firskovvej 25A, 2800 Kongens Lyngby
Firskovvej 25A, 2800 Kgs. Lyngby

Employees per year

Number of employees at BALTZER EL-INSTALLATION ApS per year7142011: 1320112012: 1420122013: 1020132014: 1120142015: 1220152016: 1320162017: 1220172018: 112018

Other companies at the same address

Similar companies in Lyngby-Taarbæk

Questions and answers about BALTZER EL-INSTALLATION ApS

Has BALTZER EL-INSTALLATION ApS gone bankrupt?

No, BALTZER EL-INSTALLATION ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of BALTZER EL-INSTALLATION ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the auditor of BALTZER EL-INSTALLATION ApS?

BALTZER EL-INSTALLATION ApS most recently used inforevision statsautoriseret revisionsaktieselskab.

When was BALTZER EL-INSTALLATION ApS founded?

BALTZER EL-INSTALLATION ApS was founded on 28 September 2006.

What is the equity of BALTZER EL-INSTALLATION ApS?

Equity was DKK -5.0m 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.