fsys ApS

CVR 35857435 · Private limited company (ApS) · Active · Low risk

fsys ApS is a Private limited company (ApS), founded on , based in Holstebro. The company is registered in the industry bogføring og revision; skatterådgivning. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 12 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 89k and a net result of DKK 2,783. CEO: Steffen Frank Borg.

Bankruptcy risk for fsys ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Capital changes2 · bankruptcy rate 5.2%0.59×
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
35857435
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
c/o Steffen Borg, Egetoften 18
7500 Holstebro
Municipality
Holstebro
Industry
Bogføring og revision; skatterådgivning (692000)
Bankruptcies in the industry: Bogføring og revision: skatterådgivning
Share capital
DKK 41k
Employees
3 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 12
Missing annual reportNo
Negative equityNo
Equity ratio31.1%
Current ratio127%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 28kDKK 28k
Net profitDKK 2,783DKK 4,089
EquityDKK 89kDKK 86k
Total assetsDKK 287kDKK 281k
CashDKK 844–
Short-term debtDKK 198k–
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 2025181
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022257 Late
1 Jan 2021 – 31 Dec 2021214 Late
1 Jan 2020 – 31 Dec 2020201 Late
1 Jan 2019 – 31 Dec 2019269 Late
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015153
8 Apr 2014 – 31 Dec 2014158

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
CEOSteffen Frank BorgCurrent
CEOSteffen Frank Borg
Owner (100%)IDALKA ApSCurrent
Owner (100%)Steffen Borg Holding IvS
Owner (100%)Steffen Frank Borg
FounderSteffen Borg Holding IvSCurrent
FounderLKTN ApSCurrent

The CEOs' other companies

Steffen Frank Borg – 7 other companies, of which 1 bankrupt

Address history (4 moves)

c/o Steffen Borg, Egetoften 18, 7500 Holstebro
c/o Steffen Borg, Klostervej 13, 7500 Holstebro
c/o Steffen Borg, Smedegårdvej 36, 7500 Holstebro
Nupark 49, 2., 7500 Holstebro
Smedegårdvej 36, 7500 Holstebro

Former names

fsys ApS – now
Steffen Borg ApS –
Steffen Borg IvS –
Borg Regnskab IvS –
QP FINANS OG IT IVS –

Employees per year

Number of employees at fsys ApS per year232016: 020162017: 220172018: 32018

Other companies at the same address

Similar companies in Holstebro

Questions and answers about fsys ApS

Has fsys ApS gone bankrupt?

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

What is the bankruptcy risk of fsys ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of fsys ApS?

Steffen Frank Borg is the CEO of fsys ApS.

When was fsys ApS founded?

fsys ApS was founded on 8 April 2014.

What is the equity of fsys ApS?

Equity was DKK 89k 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.