Hartung Invest ApS

CVR 37289604 · Private limited company (ApS) · Active · Low risk

Hartung Invest ApS is a Private limited company (ApS), founded on , based in Hørning. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 10 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 42k and a net result of DKK -21k.

Bankruptcy risk for Hartung Invest ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
37289604
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Søndermarken 1
8362 Hørning
Municipality
Skanderborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 10
Missing annual reportNo
Negative equityNo
Equity ratio70.6%
Current ratio73%
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 year202520242023
Gross profitDKK 4,417DKK 1,650DKK -1,399
Net profitDKK -21kDKK -367kDKK -1.3m
EquityDKK 42kDKK 63kDKK 430k
Total assetsDKK 60kDKK 98kDKK 462k
CashDKK 2,377––
Short-term debtDKK 18kDKK 34k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025172
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020210 Late
1 Jan 2019 – 31 Dec 2019258 Late
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 20178
10 Dec 2015 – 31 Dec 201661

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
Owner (100%)Michael Elkjær HartungCurrent
FounderMichael Elkjær HartungCurrent

Address history (2 moves)

Søndermarken 1, 8362 Hørning
Søndermarken 1, 8362 Hørning
Østergårds Alle 175, 8362 Hørning

Former names

Hartung Invest ApS – now
Hartung Invest IVS –

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Questions and answers about Hartung Invest ApS

Has Hartung Invest ApS gone bankrupt?

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

What is the bankruptcy risk of Hartung Invest ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

When was Hartung Invest ApS founded?

Hartung Invest ApS was founded on 10 December 2015.

What is the equity of Hartung Invest ApS?

Equity was DKK 42k 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.