SystemFoto ApS

CVR 30569490 · Private limited company (ApS) · Active · Low risk

SystemFoto ApS is a Private limited company (ApS), founded on 23 April 2007, based in Gjern. The company is registered in the industry fotografiske aktiviteter. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 19 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 568k and a net result of DKK 45k. CEO: Lars Vad Sørensen.

Bankruptcy risk for SystemFoto ApS

0.0%

probability of bankruptcy within 12 months

Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

CEO's other companies0 · bankruptcy rate 10.9%1.2×

Audit opted outYes · bankruptcy rate 10.4%1.2×

Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×

Current ratio200%–500% · bankruptcy rate 3.4%0.39×

Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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: 30569490
Status: Active
Company type: Private limited company (ApS)
Founded: 23 April 2007 (19 years)
Address: Foldagervej 20
8883 Gjern
Municipality: Silkeborg
Industry: Fotografiske aktiviteter (742000)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital: DKK 125k
Employees: 0 (2018)
Auditor: Redmark, Godkendt Revisionspartnerselskab
Audit opted out: Yes

Warning signs

Annual reports filed late	1 of 19
Missing annual report	No
Negative equity	No
Equity ratio	54.8%
Current ratio	218%
Moves (last 2 years)	0
CEO changes in total	0
CEO's previous bankruptcies	0
Other companies at the address	0
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK 393k	DKK 381k	DKK 442k
Net profit	DKK 45k	DKK -20k	DKK 32k
Equity	DKK 568k	DKK 523k	DKK 544k
Total assets	DKK 1.0m	DKK 938k	DKK 848k
Cash	DKK 812k	DKK 756k	–
Short-term debt	DKK 467k	DKK 415k	–
Avg. employees	1	2	–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	25 Jun 2026	176
1 Jan 2024 – 31 Dec 2024	25 Jun 2025	176
1 Jan 2023 – 31 Dec 2023	14 Jun 2024	166
1 Jan 2022 – 31 Dec 2022	27 Jun 2023	178
1 Jan 2021 – 31 Dec 2021	30 Jun 2022	181
1 Jan 2020 – 31 Dec 2020	23 Jun 2021	174
1 Jan 2019 – 31 Dec 2019	24 Aug 2020	237	Late
1 Jan 2018 – 31 Dec 2018	3 Jun 2019	154
1 Jan 2017 – 31 Dec 2017	11 Jun 2018	162
1 Jan 2016 – 31 Dec 2016	7 Jun 2017	158
1 Jan 2015 – 31 Dec 2015	17 Jun 2016	169
1 Jan 2014 – 31 Dec 2014	1 Jun 2015	152
1 Jan 2013 – 31 Dec 2013	31 Mar 2014	90
1 Jan 2012 – 31 Dec 2012	29 May 2013	149
1 Jan 2011 – 31 Dec 2011	17 Jun 2012	169
1 Jan 2010 – 31 Dec 2010	16 Jun 2011	167
1 Jan 2009 – 31 Dec 2009	16 Jun 2010	167
1 Jan 2008 – 31 Dec 2008	5 Apr 2009	95
23 Apr 2007 – 31 Dec 2007	17 Jun 2008	169

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

Role	Name	From	To
CEO	Lars Vad Sørensen	23 Apr 2007	Current
Owner (100%)	Lars Vad Sørensen	23 Apr 2007	Current
Auditor	HOLDT REVISION ApS, STATSAUTORISERET REVISOR	23 Apr 2007	22 Jan 2010
Auditor	STATSAUTORISERET REVISIONSAKTIESELSKAB RÅDGIVNING & REVISION	22 Jan 2010	28 Sep 2012
Auditor	RGD REVISIONSPARTNERSELSKAB	28 Sep 2012	1 Jan 2014
Auditor	REDMARK, GODKENDT REVISIONSPARTNERSELSKAB	1 Jan 2014	13 Jun 2016
Founder	Lars Vad Sørensen	23 Apr 2007	Current

Address history (0 moves)

23 Apr 2007

Foldagervej 20, 8883 Gjern

Former names

SystemFoto ApS	22 Sep 2015 – now
VAD & MORTENSEN HOLDING ApS	23 Apr 2007 – 21 Sep 2015

Employees per year

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Questions and answers about SystemFoto ApS

Has SystemFoto ApS gone bankrupt?

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

What is the bankruptcy risk of SystemFoto ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of SystemFoto ApS?

Lars Vad Sørensen is the CEO of SystemFoto ApS.

Who is the auditor of SystemFoto ApS?

SystemFoto ApS most recently used Redmark, Godkendt Revisionspartnerselskab.

When was SystemFoto ApS founded?

SystemFoto ApS was founded on 23 April 2007.

What is the equity of SystemFoto ApS?

Equity was DKK 568k 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.