No 19 ApS

CVR 30596730 · Private limited company (ApS) · Active · Medium risk

No 19 ApS is a Private limited company (ApS), founded on , based in Struer. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 18 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 5,051 and a net result of DKK -13k. CEO: Susanne Velsø.

Bankruptcy risk for No 19 ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%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×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
30596730
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
Tranevej 38
7600 Struer
Municipality
Struer
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 125k
Employees
6 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityNo
Equity ratio4.6%
Current ratio105%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -13kDKK -14kDKK -19k
Net profitDKK -13kDKK -15kDKK 23k
EquityDKK 5,051DKK 18kDKK 34k
Total assetsDKK 110kDKK 126kDKK 127k
CashDKK 2,246DKK 4,649–
Short-term debtDKK 105kDKK 108k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025181
1 Oct 2023 – 30 Sep 2024161
1 Oct 2022 – 30 Sep 2023176
1 Oct 2021 – 30 Sep 2022160
1 Oct 2020 – 30 Sep 2021158
1 Oct 2019 – 30 Sep 2020161
1 Oct 2018 – 30 Sep 2019147
1 Oct 2017 – 30 Sep 2018136
1 Oct 2016 – 30 Sep 2017157
1 Jan 2015 – 31 Dec 2015147
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011150
1 Jan 2010 – 31 Dec 2010146
1 Jan 2009 – 31 Dec 2009138
1 Jan 2008 – 31 Dec 2008148
29 May 2007 – 31 Dec 2007164

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
CEOSusanne VelsøCurrent
CEOMichael Ibsgaard Velsø
Owner (100%)VELSØ HOLDING ApSCurrent
FounderVELSØ HOLDING ApSCurrent
FounderStruer Plastteknik I/S Ole Kjeldsen/Jan L.Pedersen Allan B. LauridsenCurrent

The CEOs' other companies

Michael Ibsgaard Velsø – 4 other companies

Address history (2 moves)

Tranevej 38, 7600 Struer
Meldgårdsvej 20, 7600 Struer
Ellekjærvej 1, 7600 Struer

Former names

No 19 ApS – now
KK-OUTFIT ApS –
FORM PRODUCTS ApS –

Employees per year

Number of employees at No 19 ApS per year362016: 320162017: 520172018: 62018

Other companies at the same address

Similar companies in Struer

Questions and answers about No 19 ApS

Has No 19 ApS gone bankrupt?

No, No 19 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of No 19 ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of No 19 ApS?

Susanne Velsø is the CEO of No 19 ApS.

Who is the auditor of No 19 ApS?

No 19 ApS most recently used Beierholm.

When was No 19 ApS founded?

No 19 ApS was founded on 29 May 2007.

What is the equity of No 19 ApS?

Equity was DKK 5,051 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.