SITZ ApS

CVR 33777477 · Private limited company (ApS) · Active · Low risk

SITZ ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 14 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 111k and a net result of DKK -156k. CEO: John Rune Furnes.

Bankruptcy risk for SITZ ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
33777477
Status
Active
Company type
Private limited company (ApS)
Founded
(15 years)
Address
Kildegade 26
8700 Horsens
Municipality
Horsens
Industry
Ikke-specialiseret engroshandel (469000)
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 late3 of 14
Missing annual reportNo
Negative equityNo
Equity ratio5.1%
Current ratio103%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 228kDKK 361k
Net profitDKK -156kDKK -16k
EquityDKK 111kDKK 401k
Total assetsDKK 2.2mDKK 841k
CashDKK 742k–
Short-term debtDKK 2.0m–
Tax owedDKK 0–
Avg. employees1–

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 2024181
1 Jan 2023 – 31 Dec 2023138
1 Jan 2022 – 31 Dec 2022157
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020197 Late
1 Jan 2019 – 31 Dec 2019265 Late
1 Jan 2018 – 31 Dec 2018176
1 Jan 2017 – 31 Dec 2017169
1 Jan 2016 – 31 Dec 2016171
1 Jan 2015 – 31 Dec 2015162
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013157
1 Jul 2011 – 31 Dec 2012156

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
CEOJohn Rune FurnesCurrent
Owner (100%)John Rune FurnesCurrent
Owner (100%)John Rune Furnes
Owner (100%)FURNES ApS
FounderFURNES ApSCurrent

The CEOs' other companies

John Rune Furnes – 1 other companies

Address history (1 moves)

Kildegade 26, 8700 Horsens
Tobaksgården 3, 8700 Horsens

Employees per year

Number of employees at SITZ ApS per year112011: 120112012: 120122013: 120132014: 120142015: 120152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in Horsens

Questions and answers about SITZ ApS

Has SITZ ApS gone bankrupt?

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

What is the bankruptcy risk of SITZ ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of SITZ ApS?

John Rune Furnes is the CEO of SITZ ApS.

Who is the auditor of SITZ ApS?

SITZ ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was SITZ ApS founded?

SITZ ApS was founded on 1 July 2011.

What is the equity of SITZ ApS?

Equity was DKK 111k 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.