Elements Group Denmark ApS

CVR 32278043 · Private limited company (ApS) · Active · Low risk

Elements Group Denmark ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 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 (31 Dec 2025) shows equity of DKK 5.9m and a net result of DKK 1.1m. CEO: Jens Kjærulf-Møller.

Bankruptcy risk for Elements Group Denmark ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · 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
32278043
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Trindsøvej 15A
8000 Aarhus C
Municipality
Aarhus
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 250k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 17
Missing annual reportNo
Negative equityNo
Equity ratio66.2%
Current ratio94%
Moves (last 2 years)1
CEO changes in total13
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -20kDKK -37kDKK -50k
Net profitDKK 1.1mDKK 596kDKK -481k
EquityDKK 5.9mDKK 4.8mDKK 4.2m
Total assetsDKK 8.9mDKK 7.9mDKK 7.3m
CashDKK 17kDKK 1.2m–
Short-term debtDKK 3.0mDKK 3.1m–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023193 Late
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020153
1 Jan 2019 – 31 Dec 2019190 Late
1 Jan 2018 – 31 Dec 2018165
1 Jan 2017 – 31 Dec 2017165
1 Jan 2016 – 31 Dec 2016171
1 Jan 2015 – 31 Dec 2015172
1 Jan 2014 – 31 Dec 2014159
1 Jan 2013 – 31 Dec 2013148
1 Jan 2012 – 31 Dec 2012163
1 Jan 2011 – 31 Dec 2011163
1 Jan 2010 – 31 Dec 2010166
29 Jun 2009 – 31 Dec 2009172

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
CEOJens Kjærulf-MøllerCurrent
CEOThomas Berg
CEOJens Kjærulf-Møller
CEOKasper Hansen
CEOMichael Skovbo Bühlmann
CEOBrian Worm
CEOYa Lai Shut
CEOHo Tat Fong
BoardKasper Hansen
BoardNiels Ankerstjerne Sloth
BoardTorben Kim Dahl-Olsen
BoardMichael Skovbo Bühlmann
Owner (100%)Elements Management LimitedCurrent
Owner (100%)GROWN-UP ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderT. BERG HOLDING ApSCurrent

The CEOs' other companies

Jens Kjærulf-Møller – 6 other companies

Thomas Berg – 11 other companies, of which 4 bankrupt

Kasper Hansen – 5 other companies

Michael Skovbo Bühlmann – 14 other companies, of which 1 bankrupt

Brian Worm – 4 other companies

Address history (2 moves)

Trindsøvej 15A, 8000 Aarhus C
Balticagade 10B, 2. tv, 8000 Aarhus C
Balticagade 12, 8000 Aarhus C

Former names

Elements Group Denmark ApS – now
KAM GROUP ApS –
T. B. INVEST II ApS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Elements Group Denmark ApS

Has Elements Group Denmark ApS gone bankrupt?

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

What is the bankruptcy risk of Elements Group Denmark ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Elements Group Denmark ApS?

Jens Kjærulf-Møller is the CEO of Elements Group Denmark ApS.

Who is the auditor of Elements Group Denmark ApS?

Elements Group Denmark ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Elements Group Denmark ApS founded?

Elements Group Denmark ApS was founded on 29 June 2009.

What is the equity of Elements Group Denmark ApS?

Equity was DKK 5.9m 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.