GLOBUS MEDICAL DENMARK ApS

CVR 33597037 · Private limited company (ApS) · Active · Low risk

GLOBUS MEDICAL DENMARK ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry engroshandel med medicinalvarer og sygeplejeartikler. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 15 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 1.7m and a net result of DKK 432k. CEO: Kyle Richard Kline, Tyler Coleman Burklow.

Bankruptcy risk for GLOBUS MEDICAL DENMARK 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

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×
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×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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
33597037
Status
Active
Company type
Private limited company (ApS)
Founded
(15 years)
Address
Axeltorv 2
1609 København V
Municipality
København
Industry
Engroshandel med medicinalvarer og sygeplejeartikler (464610)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 80k
Employees
1 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 15
Missing annual reportNo
Negative equityNo
Equity ratio26.5%
Current ratio136%
Moves (last 2 years)0
CEO changes in total17
CEO's previous bankruptcies0
Other companies at the address308
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.4mDKK 1.5mDKK 1.4m
Net profitDKK 432kDKK 98kDKK 244k
EquityDKK 1.7mDKK 1.3mDKK 1.2m
Total assetsDKK 6.4mDKK 4.8mDKK 4.5m
CashDKK 5.7mDKK 4.3m–
Short-term debtDKK 4.7mDKK 3.6m–
Tax owedDKK 105kDKK 4,582–
Avg. employees21–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024297 Late
1 Jan 2023 – 31 Dec 2023219 Late
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020176
1 Jan 2019 – 31 Dec 2019154
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017157
1 Jan 2016 – 31 Dec 2016171
1 Jan 2015 – 31 Dec 2015134
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013170
1 Jan 2012 – 31 Dec 2012155
18 Feb 2011 – 31 Dec 2011180

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
CEOKyle Richard KlineCurrent
CEOTyler Coleman BurklowCurrent
CEODavid Michael Demski
CEOArne Sture Arvid Holm
CEOThomas Bruun
CEODaniel Thomas Scavilla
CEOAndrew Brett Murphy
CEOKeith William Pfeil
CEOStephen Richert La Neve
CEODustin S Shields
CEODustin S Shields
Owner (100%)Globus Medical GmbHCurrent
AuditorDANSK REVISION SØBORG, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderGlobus Medical GmbHCurrent

Address history (5 moves)

Axeltorv 2, 1609 København V
Tuborgvej 5, 2900 Hellerup
Produktionsvej 12, 2600 Glostrup
c/o Accura Advokatpartnerselskab, Tuborg Boulevard 1, 2900 Hellerup
Produktionsvej 12, 2600 Glostrup
Lyngby Hovedgade 17, 2800 Kgs.Lyngby

Employees per year

Number of employees at GLOBUS MEDICAL DENMARK ApS per year112015: 120152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in København

Questions and answers about GLOBUS MEDICAL DENMARK ApS

Has GLOBUS MEDICAL DENMARK ApS gone bankrupt?

No, GLOBUS MEDICAL DENMARK ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of GLOBUS MEDICAL DENMARK 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 CEO of GLOBUS MEDICAL DENMARK ApS?

Kyle Richard Kline, Tyler Coleman Burklow are the CEOs of GLOBUS MEDICAL DENMARK ApS.

Who is the auditor of GLOBUS MEDICAL DENMARK ApS?

GLOBUS MEDICAL DENMARK ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was GLOBUS MEDICAL DENMARK ApS founded?

GLOBUS MEDICAL DENMARK ApS was founded on 18 February 2011.

What is the equity of GLOBUS MEDICAL DENMARK ApS?

Equity was DKK 1.7m 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.