Bliksund Denmark A/S

CVR 32287239 · Public limited company (A/S) · Active · High risk

Bliksund Denmark A/S is a Public limited company (A/S), founded on , based in Thisted. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 16 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -2.0m and a net result of DKK -1.9m. CEO: Martin Alexander Kasseth.

Bankruptcy risk for Bliksund Denmark A/S

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
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

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · 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
32287239
Status
Active
Company type
Public limited company (A/S)
Founded
(17 years)
Address
Havnetorv 1B, 1. th
7700 Thisted
Municipality
Thisted
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 502k
Employees
4 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityYes
Equity ratio-84.9%
Current ratio41%
Moves (last 2 years)1
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.6mDKK 7.2mDKK 5.1m
Net profitDKK -1.9mDKK -1,343DKK -451k
EquityDKK -2.0mDKK -118kDKK -117k
Total assetsDKK 2.4mDKK 3.7mDKK 3.4m
CashDKK 251kDKK 673k–
Short-term debtDKK 4.4mDKK 3.9m–
Avg. employees1010–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023163
1 Jul 2021 – 30 Jun 2022165
1 Jul 2020 – 30 Jun 2021139
1 Jul 2019 – 30 Jun 2020154
1 Jul 2018 – 30 Jun 201964
1 Jul 2017 – 30 Jun 2018116
1 Jul 2016 – 30 Jun 2017137
1 Jul 2015 – 30 Jun 2016132
1 Jul 2014 – 30 Jun 2015101
1 Jul 2013 – 30 Jun 2014154
1 Jul 2012 – 30 Jun 2013164
1 Jul 2011 – 30 Jun 2012157
1 Jul 2010 – 30 Jun 2011168
8 Jul 2009 – 30 Jun 2010169

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
CEOMartin Alexander KassethCurrent
CEOThomas Baun
CEOSjoerd Kok
CEOStian Eide
CEOThomas Baun
CEOAsger Plæhn
BoardMartin Alexander KassethCurrent
BoardStian EideCurrent
BoardCarlos André Mendonca GomesCurrent
BoardThomas Baun
BoardStian Eide
BoardAsger Plæhn
BoardJonas Houkjær Bech
BoardJan Bisgaard Sørensen
BoardBjarne Lyngsø
BoardRobert Hove
BoardBjarne Lyngsø
BoardRobert Hove
BoardFrancois Jacques Marcel Grimal
BoardErik Guldbrandsen
BoardJanne Tvedt Morstøl
Owner (100%)Bliksund ASCurrent
Owner (33%)Thomas Baun
Owner (33%)Stian Eide
Owner (33%)Asger Plæhn
Owner (25%)Thomas Baun
Owner (25%)Stian Eide
Owner (25%)Asger Plæhn
Owner (25%)Thy Erhvervsinvest A/S
Owner (25%)Ready Loading ApS
Owner (25%)Comb Honey Holding ApS
Owner (25%)Alvsil ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorRL Registreret Revisionsaktieselskab
AuditorRL af 1/7 2020 P/S
FounderThomas BaunCurrent
FounderSjoerd KokCurrent
FounderStian EideCurrent

The CEOs' other companies

Thomas Baun – 2 other companies

Stian Eide – 1 other companies

Asger Plæhn – 1 other companies

Address history (4 moves)

Havnetorv 1B, 1. th, 7700 Thisted
Sydhavnsvej 5, 1., 7700 Thisted
Vestermøllevej 32, 7700 Thisted
c/o Thomas Baun, Løvevej 3A, 7700 Thisted
c/o Stian Eide, Hans Bachs Vej 16, 7700 Thisted

Former names

Bliksund Denmark A/S – now
Incendium A/S –
INCENDIUM ApS –
AWAY IT ApS –
YEMIE ApS –

Employees per year

Number of employees at Bliksund Denmark A/S per year242013: 320132014: 320142015: 320152016: 420162017: 420172018: 42018

Other companies at the same address

Similar companies in Thisted

Questions and answers about Bliksund Denmark A/S

Has Bliksund Denmark A/S gone bankrupt?

No, Bliksund Denmark A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Bliksund Denmark A/S?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Bliksund Denmark A/S?

Martin Alexander Kasseth is the CEO of Bliksund Denmark A/S.

Who is the auditor of Bliksund Denmark A/S?

Bliksund Denmark A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Bliksund Denmark A/S founded?

Bliksund Denmark A/S was founded on 8 July 2009.

What is the equity of Bliksund Denmark A/S?

Equity was DKK -2.0m 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.