FORM-EL ApS

CVR 34700117 · Private limited company (ApS) · Active · Medium risk

FORM-EL ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 13 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 500k and a net result of DKK 19k. CEO: Morten Steen Pedersen.

Bankruptcy risk for FORM-EL ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
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
34700117
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
c/o Morten Steen Pedersen, Rundholtsvej 26, st. 1
2300 København S
Municipality
København
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 80k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 13
Missing annual reportNo
Negative equityNo
Equity ratio35.7%
Current ratio131%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.1mDKK 1.6m
Net profitDKK 19kDKK 102k
EquityDKK 500kDKK 981k
Total assetsDKK 1.4mDKK 2.0m
CashDKK 989k–
Short-term debtDKK 894k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024101
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019209 Late
1 Jan 2018 – 31 Dec 2018152
1 Jan 2017 – 31 Dec 2017160
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015147
1 Jan 2014 – 31 Dec 2014153
2 Sep 2012 – 31 Dec 2013144

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
CEOMorten Steen PedersenCurrent
Owner (100%)Morten Steen PedersenCurrent
FounderMorten Steen PedersenCurrent

Address history (4 moves)

c/o Morten Steen Pedersen, Rundholtsvej 26, st. 1, 2300 København S
c/o Morten Steen Pedersen, Artillerivej 156, 4. th, 2300 København S
c/o Morten Steen Pedersen, Søndre Molevej 2S, 4. 18, 4600 Køge
c/o Morten Steen Pedersen, Strandpassagen 3F, 4. 9, 4600 Køge
c/o Morten Steen Pedersen, Holgersvej 6, 4600 Køge

Employees per year

Number of employees at FORM-EL ApS per year232013: 220132014: 120142015: 320152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in København

Questions and answers about FORM-EL ApS

Has FORM-EL ApS gone bankrupt?

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

What is the bankruptcy risk of FORM-EL ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of FORM-EL ApS?

Morten Steen Pedersen is the CEO of FORM-EL ApS.

When was FORM-EL ApS founded?

FORM-EL ApS was founded on 2 September 2012.

What is the equity of FORM-EL ApS?

Equity was DKK 500k 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.