OTK III ADMINISTRATION ApS

CVR 31760046 · Private limited company (ApS) · Active · Medium risk

OTK III ADMINISTRATION ApS is a Private limited company (ApS), founded on , based in Sindal. The company is registered in the industry ikke-finansielle holdingselskaber. 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. The latest annual report (30 Apr 2025) shows equity of DKK 171k and a net result of DKK -4,589. CEO: Ole Tolstrup Krogsgaard.

Bankruptcy risk for OTK III ADMINISTRATION ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
31760046
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Baggesvognsvej 449
9870 Sindal
Municipality
Hjørring
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 130k
Auditor
ADDERE REVISION STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityNo
Equity ratio99.4%
Current ratio10,473%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -7,044DKK -4,229
Net profitDKK -4,589DKK -4,739
EquityDKK 171kDKK 175k
Total assetsDKK 172kDKK 211k
CashDKK 0–
Short-term debtDKK 1,000–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Addere Revisionstatsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025181
1 May 2023 – 30 Apr 2024160
1 May 2022 – 30 Apr 2023155
1 May 2021 – 30 Apr 2022149
1 May 2020 – 30 Apr 2021146
1 May 2019 – 30 Apr 2020140
1 May 2018 – 30 Apr 2019153
1 May 2017 – 30 Apr 2018147
1 May 2016 – 30 Apr 2017143
1 May 2015 – 30 Apr 2016145
1 May 2014 – 30 Apr 2015144
1 May 2013 – 30 Apr 2014141
1 May 2012 – 30 Apr 2013140
1 May 2011 – 30 Apr 2012150
1 May 2010 – 30 Apr 2011149
1 May 2009 – 30 Apr 2010177
10 Sep 2008 – 30 Apr 2009154

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
CEOOle Tolstrup KrogsgaardCurrent
Owner (100%)OTK HOLDING A/SCurrent
AuditorADDERE REVISION STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPARTNERSELSKABET AF 1. JULI 2012
FounderOTK HOLDING A/SCurrent

The CEOs' other companies

Ole Tolstrup Krogsgaard – 55 other companies, of which 10 bankrupt

Address history (1 moves)

Baggesvognsvej 449, 9870 Sindal
Parkovsvej 19, 2820 Gentofte

Other companies at the same address

Similar companies in Hjørring

Questions and answers about OTK III ADMINISTRATION ApS

Has OTK III ADMINISTRATION ApS gone bankrupt?

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

What is the bankruptcy risk of OTK III ADMINISTRATION 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 OTK III ADMINISTRATION ApS?

Ole Tolstrup Krogsgaard is the CEO of OTK III ADMINISTRATION ApS.

Who is the auditor of OTK III ADMINISTRATION ApS?

OTK III ADMINISTRATION ApS most recently used ADDERE REVISION STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was OTK III ADMINISTRATION ApS founded?

OTK III ADMINISTRATION ApS was founded on 10 September 2008.

What is the equity of OTK III ADMINISTRATION ApS?

Equity was DKK 171k according to the annual report for the period ending 30 April 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.