VBE Estate ApS

CVR 34579571 · Private limited company (ApS) · Active · Low risk

VBE Estate ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 14 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 38.0m and a net result of DKK 2.5m. CEO: Benny Tolstrup, Palle Munk Kjeldgaard-Christiansen.

Bankruptcy risk for VBE Estate ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
34579571
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Gl. Skivevej 76A
8800 Viborg
Municipality
Viborg
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 7.1m
Employees
9 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 14
Missing annual reportNo
Negative equityNo
Equity ratio16.7%
Current ratio6%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address38
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 10.2mDKK 10.6mDKK 9.9m
Net profitDKK 2.5mDKK 1.8mDKK 2.3m
EquityDKK 38.0mDKK 65.3mDKK 63.5m
Total assetsDKK 228.2mDKK 265.9mDKK 265.2m
CashDKK 3,041DKK 1,615–
Short-term debtDKK 4.7mDKK 9.2m–
Avg. employees78–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024162
1 Jan 2023 – 31 Dec 2023135
1 Jan 2022 – 31 Dec 2022131
1 Jan 2021 – 31 Dec 2021122
1 Jan 2020 – 31 Dec 2020118
1 Jan 2019 – 31 Dec 2019134
1 Jan 2018 – 31 Dec 201887
1 Jan 2017 – 31 Dec 201775
1 Jan 2016 – 31 Dec 2016149
1 Jan 2015 – 31 Dec 2015116
1 Jan 2014 – 31 Dec 2014141
1 Jan 2013 – 31 Dec 2013153
1 Jan 2012 – 31 Dec 2012151

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
CEOBenny TolstrupCurrent
CEOPalle Munk Kjeldgaard-ChristiansenCurrent
CEORené Nielsen
BoardBenny TolstrupCurrent
BoardJon JensenCurrent
BoardJohnny VestergaardCurrent
BoardNiels Henrik StæhrCurrent
BoardMogens NørlemCurrent
BoardPalle Munk Kjeldgaard-ChristiansenCurrent
BoardMorten LindholtCurrent
Owner (100%)KVN Holding Viborg ApSCurrent
Owner (100%)SCT. MOGENSPORT VIBORG A/S
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
FounderKnud Valdemar NielsenCurrent

The CEOs' other companies

Benny Tolstrup – 34 other companies

Palle Munk Kjeldgaard-Christiansen – 37 other companies, of which 1 bankrupt

René Nielsen – 5 other companies, of which 1 bankrupt

Address history (2 moves)

Gl. Skivevej 76A, 8800 Viborg
Fanøvej 5, 8800 Viborg
Sct. Mogens Gade 58, 8800 Viborg

Former names

VBE Estate ApS – now
KVN DIN BOLIG ApS –

Employees per year

Number of employees at VBE Estate ApS per year592012: 720122013: 720132014: 720142015: 520152016: 620162017: 620172018: 92018

Other companies at the same address

Similar companies in Viborg

Questions and answers about VBE Estate ApS

Has VBE Estate ApS gone bankrupt?

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

What is the bankruptcy risk of VBE Estate ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of VBE Estate ApS?

Benny Tolstrup, Palle Munk Kjeldgaard-Christiansen are the CEOs of VBE Estate ApS.

Who is the auditor of VBE Estate ApS?

VBE Estate ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was VBE Estate ApS founded?

VBE Estate ApS was founded on 15 May 2012.

What is the equity of VBE Estate ApS?

Equity was DKK 38.0m 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.