IZLAND ApS
CVR 31254450 · Private limited company (ApS) · Active · Medium risk
IZLAND ApS is a Private limited company (ApS), founded on , based in Nørreballe. The company is registered in the industry drift af hoteller og lignende overnatningsfaciliteter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 17 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -155k and a net result of DKK 22k. CEO: Baldvin Björnsson.
Bankruptcy risk for IZLAND ApS
1.0 × the average (1.41%) · higher risk than 75% of active Danish companies
Increases the risk
Reduces the risk
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
- 31254450
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (18 years)
- Address
- Vestre Landevej 110
4951 Nørreballe - Municipality
- Lolland
- Industry
- Drift af hoteller og lignende overnatningsfaciliteter (551000)
Bankruptcies in the industry: Hoteller - Share capital
- DKK 625k
- Employees
- 3 (2018)
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 2 of 17 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -6.5% |
| Current ratio | 6% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 4 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 641k | DKK 763k |
| Net profit | DKK 22k | DKK 59k |
| Equity | DKK -155k | DKK -177k |
| Total assets | DKK 2.4m | DKK 2.8m |
| Cash | DKK 0 | – |
| Short-term debt | DKK 2.0m | – |
| Tax owed | DKK 2,574 | – |
| Avg. employees | 6 | – |
Latest annual report: Reporting class B · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jul 2024 – 30 Jun 2025 | 165 | ||
| 1 Jul 2023 – 30 Jun 2024 | 164 | ||
| 1 Jul 2022 – 30 Jun 2023 | 172 | ||
| 1 Jul 2021 – 30 Jun 2022 | 172 | ||
| 1 Jul 2020 – 30 Jun 2021 | 155 | ||
| 1 Jul 2019 – 30 Jun 2020 | 195 | Late | |
| 1 Jul 2018 – 30 Jun 2019 | 225 | Late | |
| 1 Jul 2017 – 30 Jun 2018 | 159 | ||
| 1 Jul 2016 – 30 Jun 2017 | 159 | ||
| 1 Jul 2015 – 30 Jun 2016 | 168 | ||
| 1 Jul 2014 – 30 Jun 2015 | 169 | ||
| 1 Jul 2013 – 30 Jun 2014 | 176 | ||
| 1 Jul 2012 – 30 Jun 2013 | 163 | ||
| 1 Jul 2011 – 30 Jun 2012 | 175 | ||
| 1 Jul 2010 – 30 Jun 2011 | 164 | ||
| 1 Jul 2009 – 30 Jun 2010 | 138 | ||
| 27 Jan 2008 – 30 Jun 2009 | 167 |
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 | Baldvin Björnsson | Current | |
| CEO | Dorte Karin Povlsen | ||
| Owner (100%) | INART HOLDING ApS | Current | |
| Owner (50%) | VULCANO 2008 HOLDING ApS | ||
| Owner (50%) | INART HOLDING ApS | ||
| Auditor | IH Revision Statsaut. Revisionsvirksomhed v/Ina Hørby | ||
| Auditor | REGISTRERET REVISIONSAKTIESELSKAB BUCH&NØRGAARD | ||
| Founder | VULCANO 2008 HOLDING ApS | Current | |
| Founder | INART HOLDING ApS | Current |
The CEOs' other companies
Baldvin Björnsson – 3 other companies
- INART ApS Active
- INART HOLDING ApS Active
- VULCANO 2008 HOLDING ApS Opløst
Dorte Karin Povlsen – 4 other companies, of which 1 bankrupt
- MSE RÅSTOFFER ApS Bankrupt 3 Nov 2015
- DC RÅSTOFFER A/S Opløst
- RÅSTOFSELSKABET A/S Opløst
- VULCANO 2008 HOLDING ApS Opløst
Address history (1 moves)
| Vestre Landevej 110, 4951 Nørreballe | |
| Vestre Landevej 110, 4951 Nørreballe |
Former names
| IZLAND ApS | – now |
| IZLAND ApS UNDER STIFTELSE | – |
Employees per year
Other companies at the same address
- 1 AM ApS Opløst
- INART ApS Active
- INART HOLDING ApS Active
- VULCANO 2008 HOLDING ApS Opløst
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Questions and answers about IZLAND ApS
Has IZLAND ApS gone bankrupt?
No, IZLAND ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of IZLAND 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 IZLAND ApS?
Baldvin Björnsson is the CEO of IZLAND ApS.
When was IZLAND ApS founded?
IZLAND ApS was founded on 27 January 2008.
What is the equity of IZLAND ApS?
Equity was DKK -155k according to the annual report for the period ending 30 June 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.