ETC-SOL ApS
CVR 32471544 · Private limited company (ApS) · Active · Low risk
ETC-SOL ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 169k and a net result of DKK 220k.
Bankruptcy risk for ETC-SOL ApS
0.5%
probability of bankruptcy within 12 months
Low risk
0.4 × the average (1.41%) · higher risk than 60% of active Danish companies
Lowest riskHighest risk
Increases the risk
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×
Reduces the risk
Current ratio500%+ · bankruptcy rate 1.5%0.17×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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 resigned in the last yearYes · 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
- 32471544
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (17 years)
- Address
- c/o Kaiserwetter Solar Invest ApS, Pilestræde 60, 1.
1112 København K - Municipality
- København
- Industry
- Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 200k
- Auditor
- Cedra Godkendt Revisionsaktieselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 2 of 17 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 98.0% |
| Current ratio | 2,162% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 5 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 24 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -9,235 | DKK -6,430 |
| Net profit | DKK 220k | DKK -638k |
| Equity | DKK 169k | DKK 249k |
| Total assets | DKK 172k | DKK 255k |
| Cash | DKK 31k | – |
| Short-term debt | DKK 3,417 | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 160 | ||
| 1 Jan 2024 – 31 Dec 2024 | 164 | ||
| 1 Jan 2023 – 31 Dec 2023 | 165 | ||
| 1 Jan 2022 – 31 Dec 2022 | 167 | ||
| 1 Jan 2021 – 31 Dec 2021 | 186 | Late | |
| 1 Jan 2020 – 31 Dec 2020 | 167 | ||
| 1 Jan 2019 – 31 Dec 2019 | 171 | ||
| 1 Jan 2018 – 31 Dec 2018 | 151 | ||
| 1 Jan 2017 – 31 Dec 2017 | 147 | ||
| 1 Jan 2016 – 31 Dec 2016 | 152 | ||
| 1 Jan 2015 – 31 Dec 2015 | 153 | ||
| 1 Jan 2014 – 31 Dec 2014 | 166 | ||
| 1 Jan 2013 – 31 Dec 2013 | 153 | ||
| 1 Jan 2012 – 31 Dec 2012 | 154 | ||
| 1 Jan 2011 – 31 Dec 2011 | 187 | Late | |
| 1 Jan 2010 – 31 Dec 2010 | 165 | ||
| 28 Sep 2009 – 31 Dec 2009 | 175 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Erik Thordal-Christensen | ||
| CEO | Birgitte Wagner Olsen | ||
| CEO | Karsten Olsen | ||
| CEO | Nikolaj Harbo | ||
| Owner (100%) | KAISERWETTER SOLAR INVEST ApS | Current | |
| Auditor | Cedra Godkendt Revisionsaktieselskab | Current | |
| Auditor | DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | Erik Thordal-Christensen | Current |
The CEOs' other companies
Erik Thordal-Christensen – 4 other companies
- GOUL THORDAL ENERGY ApS Compulsorily dissolved
- Iglsø Vind ApS Active
- RØRGAARD VIND ApS Opløst
- Rørgård Holding ApS Active
Birgitte Wagner Olsen – 54 other companies, of which 28 bankrupt
- ATLAS AMELIA - 2007 KOMPLEMENTARANPARTSSELSKAB Bankrupt 27 Nov 2015
- BRØNDUM ENERGY A/S Bankrupt 15 May 2012
- EURO DISCOVERY KOMPLEMENTARANPARTSSELSKAB Bankrupt 27 Jan 2011
- INDUSTRIGRUPPEN ApS Bankrupt 30 Jan 2012
- K/S MESCHEDE - 2006 Bankrupt 2 Oct 2013
- K/S SCE WIND MOGILNO 2008 I Bankrupt 24 Sep 2014
- K/S SCE WIND MOGILNO 2008 II Bankrupt 24 Sep 2014
- K/S SCE WIND MOGILNO 2008 III Bankrupt 24 Sep 2014
- K/S SCE WIND MOGILNO 2008 IV Bankrupt 24 Sep 2014
- K/S SCE WIND MOGILNO 2008 V Bankrupt 24 Sep 2014
- K/S SCE WIND MOGILNO 2008 VI Bankrupt 24 Sep 2014
- LISTRUP SKOVGAARD VINDKRAFT ApS Bankrupt 1 Jul 2016
- MESCHEDE - 2006 KOMPLEMENTARANPARTSSELSKAB Bankrupt 2 Oct 2013
- SCAN ENERGY A/S Bankrupt 20 Apr 2012
- SCAN ENERGY NEW MARKETS I ApS Bankrupt 16 Sep 2013
- SCAN ENERGY PRODUCTION ApS Bankrupt 2 Jun 2012
- SCAN OCEAN A/S Bankrupt 28 Sep 2010
- SCAN OCEAN SHIPPING A/S Bankrupt 28 Sep 2010
- SCAN PROPERTY INVEST A/S Bankrupt 16 Jun 2011
- SCE FIRST SPANISH SOLAR - 2006 NR.31 ApS Bankrupt 28 Sep 2010
- SCE SOLAR Q-CELLS ApS Bankrupt 19 Dec 2014
- SCE WIND MOGILNO 2008 I KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SCE WIND MOGILNO 2008 II KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SCE WIND MOGILNO 2008 III KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SCE WIND MOGILNO 2008 IV KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SCE WIND MOGILNO 2008 V KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SCE WIND MOGILNO 2008 VI KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SPI PORTA POLLENCA ApS Bankrupt 13 Apr 2011
- AG VIND ApS Opløst
- AH VIND ApS Opløst
Karsten Olsen – 38 other companies, of which 30 bankrupt
- ATLAS AMELIA - 2007 KOMPLEMENTARANPARTSSELSKAB Bankrupt 27 Nov 2015
- BRØNDUM ENERGY A/S Bankrupt 15 May 2012
- EURO DISCOVERY KOMPLEMENTARANPARTSSELSKAB Bankrupt 27 Jan 2011
- INDUSTRIGRUPPEN ApS Bankrupt 30 Jan 2012
- K/S MESCHEDE - 2006 Bankrupt 2 Oct 2013
- K/S SCE WIND MOGILNO 2008 I Bankrupt 24 Sep 2014
- K/S SCE WIND MOGILNO 2008 II Bankrupt 24 Sep 2014
- K/S SCE WIND MOGILNO 2008 III Bankrupt 24 Sep 2014
- K/S SCE WIND MOGILNO 2008 IV Bankrupt 24 Sep 2014
- K/S SCE WIND MOGILNO 2008 V Bankrupt 24 Sep 2014
- K/S SCE WIND MOGILNO 2008 VI Bankrupt 24 Sep 2014
- LAB 1617 A/S Bankrupt 20 Oct 1992
- LEATHERHEAD KOMPLEMENTAR ApS Bankrupt 9 Sep 2013
- LISTRUP SKOVGAARD VINDKRAFT ApS Bankrupt 1 Jul 2016
- MESCHEDE - 2006 KOMPLEMENTARANPARTSSELSKAB Bankrupt 2 Oct 2013
- SCAN ENERGY A/S Bankrupt 20 Apr 2012
- SCAN ENERGY NEW MARKETS I ApS Bankrupt 16 Sep 2013
- SCAN ENERGY PRODUCTION ApS Bankrupt 2 Jun 2012
- SCAN OCEAN A/S Bankrupt 28 Sep 2010
- SCAN OCEAN SHIPPING A/S Bankrupt 28 Sep 2010
- SCAN PROPERTY INVEST A/S Bankrupt 16 Jun 2011
- SCE FIRST SPANISH SOLAR - 2006 NR.31 ApS Bankrupt 28 Sep 2010
- SCE SOLAR Q-CELLS ApS Bankrupt 19 Dec 2014
- SCE WIND MOGILNO 2008 I KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SCE WIND MOGILNO 2008 II KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SCE WIND MOGILNO 2008 III KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SCE WIND MOGILNO 2008 IV KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SCE WIND MOGILNO 2008 V KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SCE WIND MOGILNO 2008 VI KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SPI PORTA POLLENCA ApS Bankrupt 13 Apr 2011
Nikolaj Harbo – 33 other companies, of which 24 bankrupt
- BE 2011 HOLDING ApS Bankrupt 6 Sep 2016
- BEUE HOLDING ApS Bankrupt 6 Aug 2015
- BRØNDUM ENERGY A/S Bankrupt 15 May 2012
- K/S MESCHEDE - 2006 Bankrupt 2 Oct 2013
- K/S SCE WIND MOGILNO 2008 I Bankrupt 24 Sep 2014
- K/S SCE WIND MOGILNO 2008 II Bankrupt 24 Sep 2014
- K/S SCE WIND MOGILNO 2008 III Bankrupt 24 Sep 2014
- K/S SCE WIND MOGILNO 2008 IV Bankrupt 24 Sep 2014
- K/S SCE WIND MOGILNO 2008 V Bankrupt 24 Sep 2014
- K/S SCE WIND MOGILNO 2008 VI Bankrupt 24 Sep 2014
- LISTRUP SKOVGAARD VINDKRAFT ApS Bankrupt 1 Jul 2016
- MESCHEDE - 2006 KOMPLEMENTARANPARTSSELSKAB Bankrupt 2 Oct 2013
- PR 2011 HOLDING ApS Bankrupt 4 Feb 2019
- PRUE HOLDING ApS Bankrupt 6 Aug 2015
- SCAN ENERGY NEW MARKETS I ApS Bankrupt 16 Sep 2013
- SCAN ENERGY PRODUCTION ApS Bankrupt 2 Jun 2012
- SCE FIRST SPANISH SOLAR - 2006 NR.31 ApS Bankrupt 28 Sep 2010
- SCE SOLAR Q-CELLS ApS Bankrupt 19 Dec 2014
- SCE WIND MOGILNO 2008 I KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SCE WIND MOGILNO 2008 II KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SCE WIND MOGILNO 2008 III KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SCE WIND MOGILNO 2008 IV KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SCE WIND MOGILNO 2008 V KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- SCE WIND MOGILNO 2008 VI KOMPLEMENTARANPARTSSELSKAB Bankrupt 24 Sep 2014
- AAHHIJS ApS Active
- AG VIND ApS Opløst
- AH VIND ApS Opløst
- ALJ VIND ApS Opløst
- ALTMARK - 2005 KOMPLEMENTARANPARTSSELSKAB Opløst
- AM Partners ApS Opløst
Address history (5 moves)
| c/o Kaiserwetter Solar Invest ApS, Pilestræde 60, 1., 1112 København K | |
| c/o Kaiserwetter Solar Invest ApS, Kronprinsensgade 1, 3., 1114 København K | |
| c/o Kaiserwetter Energy Asset Management ApS, Kronprinsensgade 1, 3. bhtv, 1114 København K | |
| c/o Scan Energy A/S, Lyngbyvej 28, 1., 2100 København Ø | |
| Flauenskjoldvej 30, 9352 Dybvad | |
| Rørgårdsvej 2, 7850 Stoholm Jyll |
Other companies at the same address
- Selskabet af 23. april 2025 ApS Bankrupt
- A Willi ApS Compulsorily dissolved
- Alona ApS Active
- BMC Helix Denmark ApS Active
- Barsan Global Logistics ApS Active
- Cheap Energy Danmark ApS Active
- FH ASSET MANAGEMENT ApS Active
- Farumgade 2 B ApS Opløst
- Gilleleje Park ApS Active
- Gilleleje Park Holding ApS Active
- KAISERWETTER SOLAR INVEST ApS Active
- LV Lions Denmark ApS Active
- Medison Pharma Denmark ApS Active
- MyLoyal ApS Active
- N.E. 2020 ApS Fusioneret
- N.E. 2021 ApS Fusioneret
- N.E. 2022 ApS Fusioneret
- N.E. 2023 ApS Fusioneret
- NEXGENIUS RECRUITMENT APS Active
- Nexus Asset Management ApS Active
- Retro Design Club ApS Active
- SCE SOLAR HETTENKOFEN KOMPLEMENTARANPARTSSELSKAB Active
- Splay One ApS Opløst
- Waarde ApS Active
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Questions and answers about ETC-SOL ApS
Has ETC-SOL ApS gone bankrupt?
No, ETC-SOL ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of ETC-SOL ApS?
Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.
Who is the auditor of ETC-SOL ApS?
ETC-SOL ApS most recently used Cedra Godkendt Revisionsaktieselskab.
When was ETC-SOL ApS founded?
ETC-SOL ApS was founded on 28 September 2009.
What is the equity of ETC-SOL ApS?
Equity was DKK 169k 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.