Kjaerulff ApS

CVR 34715165 · Private limited company (ApS) · Active · Medium risk

Kjaerulff ApS is a Private limited company (ApS), founded on , based in Odense C. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -43k and a net result of DKK 94k. CEO: Karsten Kjærulff.

Bankruptcy risk for Kjaerulff 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

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
34715165
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
c/o Karsten Kjærulff, Ørstedsgade 11, 3.
5000 Odense C
Municipality
Odense
Industry
El-installation (432100)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 80k
Auditor
Multi Revision I/SStatsautoriseret revisionsinteressentskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 13
Missing annual reportNo
Negative equityYes
Equity ratio-12.4%
Current ratio89%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies4
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 175kDKK 39kDKK 32k
Net profitDKK 94kDKK 35kDKK 32k
EquityDKK -43kDKK -136kDKK -172k
Total assetsDKK 342kDKK 0DKK 1,719
CashDKK 12k––
Short-term debtDKK 385kDKK 136k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Multi Revision I/SStatsautoriseret revisionsinteressentskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023155
1 Jan 2022 – 31 Dec 202286
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 2020141
1 Jan 2019 – 31 Dec 2019135
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 2017158
1 Jan 2016 – 31 Dec 2016170
1 Jan 2015 – 31 Dec 2015174
1 Jan 2014 – 31 Dec 2014174
1 Oct 2012 – 31 Dec 2013171

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
CEOKarsten KjærulffCurrent
Owner (100%)KK HOLDING AF 1.12.2012 ApSCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderKarsten KjærulffCurrent

The CEOs' other companies

Karsten Kjærulff – 17 other companies, of which 8 bankrupt

Address history (3 moves)

c/o Karsten Kjærulff, Ørstedsgade 11, 3., 5000 Odense C
Langelinie 111, 5230 Odense M
c/o Little Beacon, Vestergade 75C, 2., 5000 Odense C
Egelundsvej 18, 5260 Odense S

Former names

Kjaerulff ApS – now
TV HOLDING AF 1.12.2012 ApS –
KK HOLDING AF 1.10.2012 ApS –

Other companies at the same address

Similar companies in Odense

Questions and answers about Kjaerulff ApS

Has Kjaerulff ApS gone bankrupt?

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

What is the bankruptcy risk of Kjaerulff 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 Kjaerulff ApS?

Karsten Kjærulff is the CEO of Kjaerulff ApS.

Who is the auditor of Kjaerulff ApS?

Kjaerulff ApS most recently used Multi Revision I/SStatsautoriseret revisionsinteressentskab.

When was Kjaerulff ApS founded?

Kjaerulff ApS was founded on 1 October 2012.

What is the equity of Kjaerulff ApS?

Equity was DKK -43k 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.