EPI-USE Nordic & Baltic Holding ApS

CVR 37196789 · Private limited company (ApS) · Active · High risk

EPI-USE Nordic & Baltic Holding ApS is a Private limited company (ApS), founded on , based in Fredericia. The company is registered in the industry ikke-finansielle holdingselskaber. 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 (28 Feb 2026) shows equity of DKK -785k and a net result of DKK -46k. CEO: Keld Johan Ebbesen.

Bankruptcy risk for EPI-USE Nordic & Baltic Holding 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×

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
37196789
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Holmansvej 4
7000 Fredericia
Municipality
Fredericia
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-4,814.4%
Current ratio2%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
RevenueDKK 0DKK 89kDKK 55k
Gross profitDKK -57kDKK 40kDKK -270
Net profitDKK -46kDKK -2,802DKK -6,869
EquityDKK -785kDKK -740kDKK -737k
Total assetsDKK 16kDKK 957kDKK 2.2m
Short-term debtDKK 801kDKK 1.7m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Mar 2025 – 28 Feb 2026185 Late
1 Mar 2024 – 28 Feb 2025129
1 Mar 2023 – 28 Feb 2024184 Late
1 Mar 2022 – 28 Feb 2023184 Late
1 Mar 2021 – 28 Feb 2022123
1 Mar 2020 – 28 Feb 2021141
1 Mar 2019 – 28 Feb 2020124
1 Mar 2018 – 28 Feb 2019130
1 Mar 2017 – 28 Feb 2018121
1 Mar 2016 – 28 Feb 2017136
31 Oct 2015 – 28 Feb 2016150

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
CEOKeld Johan EbbesenCurrent
CEOJette Abrahamsen
CEOMorten Brøbecher Thorndahl
BoardKeld Johan EbbesenCurrent
BoardJohn Logan McFadzeanCurrent
BoardKoen Nicolaas M. GoyvaertsCurrent
BoardJohn Logan McFadzean
BoardRobert James Patrick
BoardWalter Jacobus van den Heever
BoardMorten Brøbecher Thorndahl
Owner (100%)Group Elephant LimitedCurrent
Owner (100%)EPI-USE Systems Limited
Owner (100%)EPI-USE Systems Limited
Owner (100%)EPI-USE Systems Ltd
AuditorEY Godkendt RevisionspartnerselskabCurrent
Auditorinforevision statsautoriseret revisionsaktieselskab
FounderEPI-USE Systems LimitedCurrent

The CEOs' other companies

Keld Johan Ebbesen – 9 other companies

Jette Abrahamsen – 2 other companies, of which 1 bankrupt

Morten Brøbecher Thorndahl – 10 other companies, of which 2 bankrupt

Address history (3 moves)

Holmansvej 4, 7000 Fredericia
Ny Carlsberg Vej 80, 1799 København V
Hausergade 3, 1128 København K
Rådhuspladsen 16, 1550 København V

Other companies at the same address

Similar companies in Fredericia

Questions and answers about EPI-USE Nordic & Baltic Holding ApS

Has EPI-USE Nordic & Baltic Holding ApS gone bankrupt?

No, EPI-USE Nordic & Baltic Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of EPI-USE Nordic & Baltic Holding 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 EPI-USE Nordic & Baltic Holding ApS?

Keld Johan Ebbesen is the CEO of EPI-USE Nordic & Baltic Holding ApS.

Who is the auditor of EPI-USE Nordic & Baltic Holding ApS?

EPI-USE Nordic & Baltic Holding ApS most recently used EY Godkendt Revisionspartnerselskab.

When was EPI-USE Nordic & Baltic Holding ApS founded?

EPI-USE Nordic & Baltic Holding ApS was founded on 31 October 2015.

What is the equity of EPI-USE Nordic & Baltic Holding ApS?

Equity was DKK -785k according to the annual report for the period ending 28 February 2026.

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