ELITE DEVELOPMENT ApS

CVR 31947618 · Private limited company (ApS) · Active · Medium risk

ELITE DEVELOPMENT ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 16 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -379k and a net result of DKK -27k. CEO: Thomas Nicolai Damstoft.

Bankruptcy risk for ELITE DEVELOPMENT ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% 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×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
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×

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×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
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×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×

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
31947618
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
c/o Thomas Damstoft, Ørestads Boulevard 73
2300 København S
Municipality
København
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 125k
Employees
1 (2018)
Auditor
TEAM REVISION Registreret revisionsanpartsselskab FSR
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityYes
Equity ratio-266.2%
Current ratio27%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address126
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 425kDKK 360k
Net profitDKK -27kDKK -134k
EquityDKK -379kDKK -352k
Total assetsDKK 142kDKK 80k
CashDKK 104k–
Short-term debtDKK 521k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · TEAM REVISION Registreret revisionsanpartsselskab FSR.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025162
1 Jul 2023 – 30 Jun 2024169
1 Jul 2022 – 30 Jun 2023172
1 Jul 2021 – 30 Jun 2022169
1 Jul 2020 – 30 Jun 2021175
1 Jul 2019 – 30 Jun 2020168
1 Jul 2018 – 30 Jun 2019167
1 Jul 2017 – 30 Jun 2018171
1 Jul 2016 – 30 Jun 2017173
1 Jul 2015 – 30 Jun 2016176
1 Jul 2014 – 30 Jun 2015181
1 Jul 2013 – 30 Jun 2014162
1 Jul 2012 – 30 Jun 2013169
1 Jul 2011 – 30 Jun 2012173
1 Jul 2010 – 30 Jun 2011171
29 Jan 2009 – 30 Jun 2010155

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
CEOThomas Nicolai DamstoftCurrent
Owner (100%)MAMAT HOLDING ApSCurrent
AuditorTEAM REVISION REGISTRERET REVISIONSANPARTSSELSKAB
FounderMAMAT HOLDING ApSCurrent

The CEOs' other companies

Thomas Nicolai Damstoft – 2 other companies

Address history (4 moves)

c/o Thomas Damstoft, Ørestads Boulevard 73, 2300 København S
c/o Thomas Bautrup, Boltonvej 32, 2300 København S
Ørestads Boulevard 73, 2300 København S
A.P. Møllers Allé 9B, 2791 Dragør
Hammerensgade 1, 2., 1267 København K

Former names

ELITE DEVELOPMENT ApS – now
TB DEVELOPMENT ApS –
ELITE DEVELOPMENT ApS –

Employees per year

Number of employees at ELITE DEVELOPMENT ApS per year112011: 120112012: 020122013: 120132014: 120142015: 120152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in København

Questions and answers about ELITE DEVELOPMENT ApS

Has ELITE DEVELOPMENT ApS gone bankrupt?

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

What is the bankruptcy risk of ELITE DEVELOPMENT ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of ELITE DEVELOPMENT ApS?

Thomas Nicolai Damstoft is the CEO of ELITE DEVELOPMENT ApS.

Who is the auditor of ELITE DEVELOPMENT ApS?

ELITE DEVELOPMENT ApS most recently used TEAM REVISION Registreret revisionsanpartsselskab FSR.

When was ELITE DEVELOPMENT ApS founded?

ELITE DEVELOPMENT ApS was founded on 29 January 2009.

What is the equity of ELITE DEVELOPMENT ApS?

Equity was DKK -379k 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.