CALIFORNIA HOLDING ApS

CVR 35257403 · Private limited company (ApS) · Active · Low risk

CALIFORNIA HOLDING ApS is a Private limited company (ApS), founded on , based in Skive. The company is registered in the industry finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 13 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 11k and a net result of DKK -6,113.

Bankruptcy risk for CALIFORNIA HOLDING 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

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
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×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
35257403
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Gl. Skolevej 5
7800 Skive
Municipality
Skive
Industry
Finansielle holdingselskaber (642110)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 51k
Auditor
RSM Danmark, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 13
Missing annual reportNo
Negative equityNo
Equity ratio33.1%
Current ratio150%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -6,125DKK -6,000DKK -8,375
Net profitDKK -6,113DKK -6,092DKK -8,615
EquityDKK 11kDKK 18kDKK 24k
Total assetsDKK 34kDKK 36kDKK 38k
CashDKK 33kDKK 35k–
Short-term debtDKK 23kDKK 19k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024164
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020195 Late
1 Jan 2019 – 31 Dec 2019239 Late
1 Jan 2018 – 31 Dec 201867
1 Jan 2017 – 31 Dec 2017171
1 Jan 2016 – 31 Dec 2016170
1 Jan 2015 – 31 Dec 2015175
1 Jan 2014 – 31 Dec 2014155
12 Jun 2013 – 31 Dec 2013167

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
CEOMichael Walter Heltzen
Owner (90%)MWH HOLDING ApSCurrent
FounderMWH HOLDING ApSCurrent

The CEOs' other companies

Michael Walter Heltzen – 6 other companies

Address history (0 moves)

Gl. Skolevej 5, 7800 Skive

Other companies at the same address

Similar companies in Skive

Questions and answers about CALIFORNIA HOLDING ApS

Has CALIFORNIA HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of CALIFORNIA HOLDING 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 auditor of CALIFORNIA HOLDING ApS?

CALIFORNIA HOLDING ApS most recently used RSM Danmark, Statsautoriseret Revisionspartnerselskab.

When was CALIFORNIA HOLDING ApS founded?

CALIFORNIA HOLDING ApS was founded on 12 June 2013.

What is the equity of CALIFORNIA HOLDING ApS?

Equity was DKK 11k 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.