XSTREAM A/S

CVR 33082509 · Public limited company (A/S) · Active · Medium risk

XSTREAM A/S is a Public limited company (A/S), founded on , based in Ballerup. The company is registered in the industry it-infrastruktur, databehandling, hosting og relaterede aktiviteter. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 15 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Jan 2026) shows equity of DKK 7.2m and a net result of DKK -1.3m.

Bankruptcy risk for XSTREAM A/S

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×
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
33082509
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
Borupvang 3
2750 Ballerup
Municipality
Ballerup
Industry
IT-infrastruktur, databehandling, hosting og relaterede aktiviteter (631000)
Bankruptcies in the industry: Webportaler
Share capital
DKK 2.5m
Employees
2 (2018)
Auditor
RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late6 of 15
Missing annual reportNo
Negative equityNo
Equity ratio99.9%
Current ratio71,795%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address150
Going-concern uncertaintyYes

Financials and key figures

Financial year202620252024
Gross profitDKK -80kDKK -158kDKK 1.2m
Net profitDKK -1.3mDKK 141kDKK -906k
EquityDKK 7.2mDKK 8.5mDKK 8.3m
Total assetsDKK 7.2mDKK 9.8mDKK 10.9m
CashDKK 7,410DKK 232k–
Short-term debtDKK 10kDKK 1.4m–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Feb 2025 – 31 Jan 2026213 Late
1 Feb 2024 – 31 Jan 2025213 Late
1 Feb 2023 – 31 Jan 2024206 Late
1 Feb 2022 – 31 Jan 2023196 Late
1 Feb 2021 – 31 Jan 2022163
1 Feb 2020 – 31 Jan 2021152
1 Feb 2019 – 31 Jan 2020272 Late
1 Jan 2018 – 31 Dec 2018161
1 Jan 2017 – 31 Dec 2017145
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014125
1 Jan 2013 – 31 Dec 201362
1 Jan 2012 – 31 Dec 2012150
24 Aug 2010 – 31 Dec 2011188 Late

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
BoardElaine Ann MartelCurrent
BoardMark Paul SzynkowskiCurrent
BoardMatthew Alan GerritsenCurrent
BoardFrank Thorup
BoardKarin Thorup
BoardStina Thorup
BoardLars Torpe Christoffersen
BoardUlrik Nicolai Jungersen
BoardRobert Leonard Morrison
BoardKaj Skov
BoardMichael Donovan Mc Mahon
BoardLaurits Sougaard Tygesen
BoardKlaus Thyge Høeg-Hagensen
BoardFrank Thorup
BoardNorman Alan Hardie
BoardUlrik Nicolai Jungersen
BoardThorsten Markus Sauer
BoardDavid Lindley McEvoy
BoardPeter Richard Faubert
BoardDavid Kenneth Traverse
BoardMichael David Prinn
BoardKathleen Mary Mosher
BoardChristoph Paul Eugen Klimmer
BoardMichael Ian Tanzer
Owner (100%)Tiber Ventures Inc.Current
Owner (33%)NORA HOLDING ApS
Owner (50%)CAPHOLD X ApS
Owner (10%)NORA HOLDING ApS
Owner (67%)CAPHOLD X ApS
Owner (100%)SeaChange NLG B.V.
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderNORA HOLDING ApSCurrent

Address history (3 moves)

Borupvang 3, 2750 Ballerup
Borupvang 3, 2750 Ballerup
Indiakaj 12, 1., 2100 København Ø
Dampfærgevej 10, 2100 København Ø

Employees per year

Number of employees at XSTREAM A/S per year9182011: 1820112012: 1720122013: 1820132014: 1820142015: 1720152016: 1220162017: 320172018: 22018

Other companies at the same address

Similar companies in Ballerup

Questions and answers about XSTREAM A/S

Has XSTREAM A/S gone bankrupt?

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

What is the bankruptcy risk of XSTREAM A/S?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the auditor of XSTREAM A/S?

XSTREAM A/S most recently used RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was XSTREAM A/S founded?

XSTREAM A/S was founded on 24 August 2010.

What is the equity of XSTREAM A/S?

Equity was DKK 7.2m according to the annual report for the period ending 31 January 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.