Elements Denmark ApS

CVR 32278078 · Private limited company (ApS) · Active · Very high risk

Elements 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 7.2% over the next 12 months, which is 5.1 times the average for Danish companies. 17 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -1.7m and a net result of DKK -20k. CEO: Jens Kjærulf-Møller.

Bankruptcy risk for Elements Denmark ApS

7.2%
probability of bankruptcy within 12 months
Very high risk

5.1 × the average (1.41%) · higher risk than 95% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
32278078
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 125k
Employees
0 (2017)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 17
Missing annual reportNo
Negative equityYes
Equity ratio-8,422.1%
Current ratio1%
Moves (last 2 years)1
CEO changes in total13
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -20kDKK -37kDKK -31k
Net profitDKK -20kDKK -37kDKK -30k
EquityDKK -1.7mDKK -1.6mDKK -1.6m
Total assetsDKK 20kDKK 35kDKK 17k
CashDKK 20kDKK 18k–
Short-term debtDKK 1.7mDKK 1.7m–
Tax owed–DKK 0–
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 2025180
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021179
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
CEOTorben Kim Dahl-Olsen
CEOKasper Hansen
CEOBrian Worm
CEOYa Lai Shut
CEOHo Tat Fong
BoardNiels Ankerstjerne Sloth
BoardTorben Kim Dahl-Olsen
BoardJens Kjærulf-Møller
BoardKasper Hansen
BoardMichael Skovbo Bühlmann
Owner (100%)Elements Group Denmark ApSCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderElements Group Denmark ApSCurrent

The CEOs' other companies

Jens Kjærulf-Møller – 6 other companies

Thomas Berg – 11 other companies, of which 4 bankrupt

Torben Kim Dahl-Olsen – 7 other companies, of which 2 bankrupt

Kasper Hansen – 5 other companies

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 Denmark ApS – now
KAM ApS –
KAM HOLDING II ApS –

Employees per year

Number of employees at Elements Denmark ApS per year112015: 020152016: 120162017: 02017

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Elements Denmark ApS

Has Elements Denmark ApS gone bankrupt?

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

What is the bankruptcy risk of Elements Denmark ApS?

Our model estimates a bankruptcy risk of 7.2% over the next 12 months (very high risk), which is 5.1 times the average for Danish companies.

Who is the CEO of Elements Denmark ApS?

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

Who is the auditor of Elements Denmark ApS?

Elements Denmark ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Elements Denmark ApS founded?

Elements Denmark ApS was founded on 29 June 2009.

What is the equity of Elements Denmark ApS?

Equity was DKK -1.7m 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.