Balticor ApS
CVR 33162448 · Private limited company (ApS) · Active · Low risk
Balticor ApS is a Private limited company (ApS), founded on , based in Nexø. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 15 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 59k and a net result of DKK -15k. CEO: Michael Hein Løvgren.
Bankruptcy risk for Balticor ApS
0.3 × the average (1.41%) · higher risk than 57% of active Danish companies
Increases the risk
Reduces the risk
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
- 33162448
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (16 years)
- Address
- Hovedgade 53B
3730 Nexø - Municipality
- Bornholms Regionskommune
- Industry
- Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 80k
- Auditor
- AsLa Revision ApS
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 1 of 15 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 7.3% |
| Current ratio | 90% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 1 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -9,771 | DKK -9,411 |
| Net profit | DKK -15k | DKK -14k |
| Equity | DKK 59k | DKK 74k |
| Total assets | DKK 809k | DKK 729k |
| Cash | DKK 190k | – |
| Short-term debt | DKK 750k | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · AsLa Revision ApS.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 165 | ||
| 1 Jan 2024 – 31 Dec 2024 | 169 | ||
| 1 Jan 2023 – 31 Dec 2023 | 166 | ||
| 1 Jan 2022 – 31 Dec 2022 | 164 | ||
| 1 Jan 2021 – 31 Dec 2021 | 170 | ||
| 1 Jan 2020 – 31 Dec 2020 | 182 | ||
| 1 Jan 2019 – 31 Dec 2019 | 234 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 155 | ||
| 1 Jan 2017 – 31 Dec 2017 | 150 | ||
| 1 Jan 2016 – 31 Dec 2016 | 170 | ||
| 1 Jan 2015 – 31 Dec 2015 | 151 | ||
| 1 Jan 2014 – 31 Dec 2014 | 181 | ||
| 1 Jan 2013 – 31 Dec 2013 | 177 | ||
| 1 Jan 2012 – 31 Dec 2012 | 178 | ||
| 24 Sep 2010 – 31 Dec 2011 | 168 |
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 | Michael Hein Løvgren | Current | |
| Owner (100%) | Michael Hein Løvgren | Current | |
| Auditor | DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | Michael Hein Løvgren | Current |
The CEOs' other companies
Michael Hein Løvgren – 5 other companies
- LARS CHRISTENSEN HANDEL A/S Active
- LOBSTER-SYSTEMS ApS Active
- Løvgren & Sørensen ApS Active
- MERC Commodities ApS Active
- STEEL-MARKET ApS Active
Address history (2 moves)
| Hovedgade 53B, 3730 Nexø | |
| Søvangsvej 1, 2650 Hvidovre | |
| Holte Stationsvej 6, 2840 Holte |
Former names
| Balticor ApS | – now |
| OKSENET INVEST ApS | – |
Other companies at the same address
- Løvgren & Sørensen ApS Active
Similar companies in Bornholms Regionskommune
- STRÜWING HOLDING ApS Nexø
- JOHN KOFOED STENDER. RØNNE ApS Allinge
- TRIO NEXØ HOLDING ApS Nexø
- BSA HOLDING ApS Aakirkeby
- Istria Holding ApS Aakirkeby
- MMP Bornholm Holding ApS Nexø
- A-K Holding ApS Aakirkeby
- Sandershøj Holding ApS Klemensker
- PMJHolding ApS Rønne
- Vega Group ApS Rønne
- Skovgaard Capital Holding ApS Rønne
- WGD Holding ApS Østermarie
Questions and answers about Balticor ApS
Has Balticor ApS gone bankrupt?
No, Balticor ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Balticor ApS?
Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.
Who is the CEO of Balticor ApS?
Michael Hein Løvgren is the CEO of Balticor ApS.
Who is the auditor of Balticor ApS?
Balticor ApS most recently used AsLa Revision ApS.
When was Balticor ApS founded?
Balticor ApS was founded on 24 September 2010.
What is the equity of Balticor ApS?
Equity was DKK 59k 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.