SYSTEM MULTIPUDS ApS

CVR 33164408 · Private limited company (ApS) · Active · Low risk

SYSTEM MULTIPUDS ApS is a Private limited company (ApS), founded on , based in Juelsminde. The company is registered in the industry murerarbejde. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.3 times the average for Danish companies. 15 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 910k and a net result of DKK 694k. CEO: Henrik Thorstein.

Bankruptcy risk for SYSTEM MULTIPUDS ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 58% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
33164408
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
c/o Henrik Thorstein, Strandengen 68
7130 Juelsminde
Municipality
Hedensted
Industry
Murerarbejde (439100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 80k
Employees
5 (2018)
Auditor
Revision Horsens registreret revisionsvirksomhed
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 15
Missing annual reportNo
Negative equityNo
Equity ratio35.5%
Current ratio144%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies2
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.9m–
Net profitDKK 694k–
EquityDKK 910k–
Total assetsDKK 2.6m–
CashDKK 736k–
Short-term debtDKK 1.5m–
Tax owedDKK 347k–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision Horsens registreret revisionsvirksomhed.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025178
1 Oct 2023 – 30 Sep 2024176
1 Oct 2022 – 30 Sep 2023130
1 Oct 2021 – 30 Sep 2022103
1 Oct 2020 – 30 Sep 2021111
1 Oct 2019 – 30 Sep 2020124
1 Oct 2018 – 30 Sep 2019151
1 Oct 2017 – 30 Sep 2018154
1 Oct 2016 – 30 Sep 2017136
1 Oct 2015 – 30 Sep 2016102
1 Oct 2014 – 30 Sep 2015152
1 Oct 2013 – 30 Sep 2014160
1 Oct 2012 – 30 Sep 2013155
1 Oct 2011 – 30 Sep 2012155
20 Sep 2010 – 30 Sep 2011142

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
CEOHenrik ThorsteinCurrent
BoardLars Due Thorstein
Owner (100%)THORSTEIN HOLDING AF 2012 ApSCurrent
Owner (5%)Frank Skovgaard Karlsson
Owner (90%)THORSTEIN HOLDING AF 2012 ApS
FounderLars Due ThorsteinCurrent

The CEOs' other companies

Henrik Thorstein – 6 other companies, of which 2 bankrupt

Address history (3 moves)

c/o Henrik Thorstein, Strandengen 68, 7130 Juelsminde
c/o Henrik Thorstein, Strandengen 68, 7130 Juelsminde
Borgergade 10, 1., 8700 Horsens
Hovmarksvej 90, 8700 Horsens

Employees per year

Number of employees at SYSTEM MULTIPUDS ApS per year362011: 320112012: 220122013: 320132014: 120142015: 620152016: 520162017: 420172018: 52018

Other companies at the same address

Similar companies in Hedensted

Questions and answers about SYSTEM MULTIPUDS ApS

Has SYSTEM MULTIPUDS ApS gone bankrupt?

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

What is the bankruptcy risk of SYSTEM MULTIPUDS ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of SYSTEM MULTIPUDS ApS?

Henrik Thorstein is the CEO of SYSTEM MULTIPUDS ApS.

Who is the auditor of SYSTEM MULTIPUDS ApS?

SYSTEM MULTIPUDS ApS most recently used Revision Horsens registreret revisionsvirksomhed.

When was SYSTEM MULTIPUDS ApS founded?

SYSTEM MULTIPUDS ApS was founded on 20 September 2010.

What is the equity of SYSTEM MULTIPUDS ApS?

Equity was DKK 910k according to the annual report for the period ending 30 September 2025.

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