BTF ApS

CVR 34209987 · Private limited company (ApS) · Active · High risk

BTF ApS is a Private limited company (ApS), founded on , based in Aulum. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 5.8% over the next 12 months, which is 4.1 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 Mar 2026) shows equity of DKK -14.8m and a net result of DKK -404k. CEO: Jens Jørgen Secher Klink.

Bankruptcy risk for BTF ApS

5.8%
probability of bankruptcy within 12 months
High risk

4.1 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×

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
34209987
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Holstebrovej 3
7490 Aulum
Municipality
Herning
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 105k
Employees
7 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 14
Missing annual reportNo
Negative equityYes
Equity ratio-340.9%
Current ratio22%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies3
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year202620252024
Gross profitDKK 1.9mDKK 1.6mDKK 2.5m
Net profitDKK -404kDKK -796kDKK 217k
EquityDKK -14.8mDKK -14.4mDKK -13.6m
Total assetsDKK 4.3mDKK 6.3mDKK 7.4m
CashDKK 5,198DKK 610k–
Short-term debtDKK 19.1mDKK 306k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026157
1 Apr 2024 – 31 Mar 2025184 Late
1 Apr 2023 – 31 Mar 2024183
1 Apr 2022 – 31 Mar 2023153
1 Apr 2021 – 31 Mar 2022187 Late
1 Apr 2020 – 31 Mar 2021154
1 Apr 2019 – 31 Mar 2020233 Late
1 Oct 2017 – 31 Mar 2019155
1 Oct 2016 – 30 Sep 2017164
1 Oct 2015 – 30 Sep 2016152
1 Oct 2014 – 30 Sep 2015154
1 Oct 2013 – 30 Sep 2014169
1 Oct 2012 – 30 Sep 2013169
31 Dec 2011 – 30 Sep 2012109

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
CEOJens Jørgen Secher KlinkCurrent
CEOLoui Bøttern
CEOMajbritt Smedegaard Andersen
CEOHeino Søndergaard Larsen
BoardAnette OxenbøllCurrent
BoardJens Jørgen Secher Klink
Owner (100%)HOLDINGSELSKABET AF 3/2 1965 A/SCurrent
Owner (33%)DENASIA JOINT VENTURE ApS
Owner (50%)BOTTERN ApS
Owner (33%)HOLDINGSELSKABET AF 3/2 1965 A/S
Owner (100%)DENASIA JOINT VENTURE ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorKPSR I/S
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorBLICHER REVISION & RÅDGIVNING STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPartner Revision statsautoriseret revisionsaktieselskab
FounderBOTTERN ApSCurrent
FounderMAJBRITT S. ANDERSEN HOLDING ApSCurrent

The CEOs' other companies

Jens Jørgen Secher Klink – 24 other companies, of which 7 bankrupt

Loui Bøttern – 2 other companies, of which 1 bankrupt

Majbritt Smedegaard Andersen – 2 other companies

Heino Søndergaard Larsen – 3 other companies, of which 1 bankrupt

Address history (2 moves)

Holstebrovej 3, 7490 Aulum
Holstebrovej 3, 7490 Aulum
Nygade 17, 6950 Ringkøbing

Former names

BTF ApS – now
BUTTERFLY-COPENHAGEN ApS –
MODEHJØRNET, RINGKØBING ApS –

Employees per year

Number of employees at BTF ApS per year482013: 420132014: 220142015: 220152016: 520162017: 820172018: 72018

Other companies at the same address

Similar companies in Herning

Questions and answers about BTF ApS

Has BTF ApS gone bankrupt?

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

What is the bankruptcy risk of BTF ApS?

Our model estimates a bankruptcy risk of 5.8% over the next 12 months (high risk), which is 4.1 times the average for Danish companies.

Who is the CEO of BTF ApS?

Jens Jørgen Secher Klink is the CEO of BTF ApS.

Who is the auditor of BTF ApS?

BTF ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was BTF ApS founded?

BTF ApS was founded on 31 December 2011.

What is the equity of BTF ApS?

Equity was DKK -14.8m according to the annual report for the period ending 31 March 2026.

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