OLSTAD ApS

CVR 36474971 · Private limited company (ApS) · Active · Low risk

OLSTAD ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 11 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 851k and a net result of DKK 384k. CEO: Michael Olstad Mortensen.

Bankruptcy risk for OLSTAD ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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 at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
36474971
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Skt. Jørgens Gade 155
5000 Odense C
Municipality
Odense
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Employees
1 (2015)
Auditor
REVISIONSFIRMAET JØRGEN LARSEN I/S
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 11
Missing annual reportNo
Negative equityNo
Equity ratio90.2%
Current ratio234%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -9,145DKK -11k
Net profitDKK 384kDKK 235k
EquityDKK 851kDKK 593k
Total assetsDKK 943kDKK 593k
CashDKK 99k–
Short-term debtDKK 93k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · REVISIONSFIRMAET JØRGEN LARSEN I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025103
1 Jan 2024 – 31 Dec 2024125
1 Jan 2023 – 31 Dec 2023128
1 Jan 2022 – 31 Dec 2022131
1 Jan 2021 – 31 Dec 2021111
1 Jan 2020 – 31 Dec 2020131
1 Jan 2019 – 31 Dec 2019128
1 Jan 2018 – 31 Dec 2018101
1 Jan 2017 – 31 Dec 201781
1 Jan 2016 – 31 Dec 2016144
16 Dec 2014 – 31 Dec 2015150

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 Olstad MortensenCurrent
Owner (100%)Michael Olstad MortensenCurrent
FounderMichael Olstad MortensenCurrent

The CEOs' other companies

Michael Olstad Mortensen – 3 other companies

Address history (1 moves)

Skt. Jørgens Gade 155, 5000 Odense C
Skt. Jørgens Gade 155, 5000 Odense C

Employees per year

Number of employees at OLSTAD ApS per year112015: 12015

Similar companies in Odense

Questions and answers about OLSTAD ApS

Has OLSTAD ApS gone bankrupt?

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

What is the bankruptcy risk of OLSTAD ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of OLSTAD ApS?

Michael Olstad Mortensen is the CEO of OLSTAD ApS.

Who is the auditor of OLSTAD ApS?

OLSTAD ApS most recently used REVISIONSFIRMAET JØRGEN LARSEN I/S.

When was OLSTAD ApS founded?

OLSTAD ApS was founded on 16 December 2014.

What is the equity of OLSTAD ApS?

Equity was DKK 851k 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.