VELTO ApS

CVR 36397454 · Private limited company (ApS) · Active · High risk

VELTO ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry detailhandel med andre nye varer. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 11 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -157k and a net result of DKK -13k. CEO: Michal Pagh Fricke.

Bankruptcy risk for VELTO ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
36397454
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Marsalle 38A
8700 Horsens
Municipality
Horsens
Industry
Detailhandel med andre nye varer (477800)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-86.1%
Current ratio51%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 15kDKK -22kDKK 35k
Net profitDKK -13kDKK -42kDKK 776
EquityDKK -157kDKK -143kDKK -101k
Total assetsDKK 182kDKK 190kDKK 230k
CashDKK 29kDKK 54k–
Short-term debtDKK 339kDKK 333k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025188 Late
1 Oct 2023 – 30 Sep 2024183
1 Oct 2022 – 30 Sep 2023193 Late
1 Oct 2021 – 30 Sep 2022199 Late
1 Oct 2020 – 30 Sep 2021167
1 Oct 2019 – 30 Sep 2020167
1 Oct 2018 – 30 Sep 2019165
1 Oct 2017 – 30 Sep 2018164
1 Oct 2016 – 30 Sep 2017164
1 Oct 2015 – 30 Sep 2016166
26 Sep 2014 – 30 Sep 2015163

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
CEOMichal Pagh FrickeCurrent
CEOIben Louise Møller Fricke
Owner (100%)IMF HOLDING ApSCurrent
Owner (100%)Michal Pagh FrickeCurrent
FounderIMF HOLDING ApSCurrent

The CEOs' other companies

Michal Pagh Fricke – 2 other companies

Iben Louise Møller Fricke – 2 other companies

Address history (2 moves)

Marsalle 38A, 8700 Horsens
Gammel Havn 1, 8700 Horsens
Nørre Snedevej 73, 8700 Horsens

Other companies at the same address

Similar companies in Horsens

Questions and answers about VELTO ApS

Has VELTO ApS gone bankrupt?

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

What is the bankruptcy risk of VELTO ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of VELTO ApS?

Michal Pagh Fricke is the CEO of VELTO ApS.

When was VELTO ApS founded?

VELTO ApS was founded on 26 September 2014.

What is the equity of VELTO ApS?

Equity was DKK -157k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.