Baltic Propco 2 (Denmark) ApS

CVR 33267991 · Private limited company (ApS) · Active · Low risk

Baltic Propco 2 (Denmark) ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 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 57.5m and a net result of DKK 13.2m. CEO: Michael Rønnelund Brogaard, Mats Larsson Flodman.

Bankruptcy risk for Baltic Propco 2 (Denmark) ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years3+ · bankruptcy rate 41.0%4.7×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
33267991
Status
Active
Company type
Private limited company (ApS)
Founded
(15 years)
Address
c/o Fokus Nordic A/S, Østbanegade 123
2100 København Ø
Municipality
København
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 10.2m
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 15
Missing annual reportNo
Negative equityNo
Equity ratio24.4%
Current ratio56%
Moves (last 2 years)3
CEO changes in total33
CEO's previous bankruptcies0
Other companies at the address262
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 10.7mDKK 10.5mDKK 10.8m
Net profitDKK 13.2mDKK -2.3mDKK 24.6m
EquityDKK 57.5mDKK 43.1mDKK 45.4m
Total assetsDKK 235.5mDKK 219.8mDKK 234.8m
CashDKK 4.9mDKK 3.0m–
Short-term debtDKK 18.8mDKK 4.4m–
Tax owedDKK 897k––
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024119
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021159
1 Jan 2020 – 31 Dec 2020158
1 Jan 2019 – 31 Dec 2019261 Late
1 Jan 2018 – 31 Dec 201890
1 Jan 2017 – 31 Dec 2017164
1 Jan 2016 – 31 Dec 201696
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014140
1 Jan 2013 – 31 Dec 2013147
1 Jan 2012 – 31 Dec 2012143
15 Nov 2010 – 31 Dec 2011123

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
CEOMichael Rønnelund BrogaardCurrent
CEOMats Larsson FlodmanCurrent
CEOMikkel Bülow-Lehnsby
CEOJohan Kristian Tuft
CEOSteen Sønderby
CEORasmus Nørgaard
CEORune Højby Kock
CEOPeter Andrew Franks
CEOBo Holse Rasmussen
CEOSolveig Diana Hoffmann
CEORohit Sharan Jain
CEOJean-Francois Pascal E. Bossy
CEOElmar Marguerite Theodorus Schoonbrood
CEOAndrea Giagnoni
CEODonatella Fanti
CEOAndrea Corsi
CEOMariaan Kennedy
CEOTom Metcalf
CEOPer Ingvar Johannesson
Owner (100%)Baltic Holdco 2 (Denmark) ApSCurrent
Owner (100%)Distreal Danmark AB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderDistReal Denmark ABCurrent

The CEOs' other companies

Michael Rønnelund Brogaard – 23 other companies

Mikkel Bülow-Lehnsby – 56 other companies

Johan Kristian Tuft – 58 other companies, of which 30 bankrupt

Steen Sønderby – 58 other companies, of which 2 bankrupt

Rasmus Nørgaard – 56 other companies

Rune Højby Kock – 58 other companies

Bo Holse Rasmussen – 60 other companies

Address history (7 moves)

c/o Fokus Nordic A/S, Østbanegade 123, 2100 København Ø
Østbanegade 123, 2100 København Ø
c/o DEAS A/S, Bellidavej 20, 2500 Valby
c/o DEAS A/S, Dirch Passers Allé 76, 2000 Frederiksberg
c/o Newsec Property Asset Management Denmark, Lyngby Hovedgade 4, 2800 Kongens Lyngby
c/o NREP A/S, Southamptongade 4, 2150 Nordhavn
c/o Nordic Real Estate Partners ApS, Skodsborgvej 48A, 2830 Virum
c/o Nordic Real Estate Partners ApS, Springforbivej 4, 2930 Klampenborg

Former names

Baltic Propco 2 (Denmark) ApS – now
Polaris Propco Denmark 2 ApS –
DISTREAL 1 COPENHAGEN ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Baltic Propco 2 (Denmark) ApS

Has Baltic Propco 2 (Denmark) ApS gone bankrupt?

No, Baltic Propco 2 (Denmark) ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Baltic Propco 2 (Denmark) ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Baltic Propco 2 (Denmark) ApS?

Michael Rønnelund Brogaard, Mats Larsson Flodman are the CEOs of Baltic Propco 2 (Denmark) ApS.

Who is the auditor of Baltic Propco 2 (Denmark) ApS?

Baltic Propco 2 (Denmark) ApS most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Baltic Propco 2 (Denmark) ApS founded?

Baltic Propco 2 (Denmark) ApS was founded on 15 November 2010.

What is the equity of Baltic Propco 2 (Denmark) ApS?

Equity was DKK 57.5m 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.