Setio ApS

CVR 37516732 · Private limited company (ApS) · Active · Low risk

Setio ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry forskning og eksperimentel udvikling inden for naturvidenskab og teknik. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 10 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -3.2m and a net result of DKK -141k. CEO: Peter Birk Andersen.

Bankruptcy risk for Setio ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% 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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×

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
37516732
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Anne Maries Vej 17
9000 Aalborg
Municipality
Aalborg
Industry
Forskning og eksperimentel udvikling inden for naturvidenskab og teknik (721000)
Bankruptcies in the industry: Anden forskning og eksperimentel udvikling inden for naturvidenskab og teknik
Share capital
DKK 40k
Employees
2 (2017)
Auditor
Redmark, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-1,839.4%
Current ratio5%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 694kDKK 846kDKK 1.1m
Net profitDKK -141kDKK -169kDKK 75k
EquityDKK -3.2mDKK -3.1mDKK -2.9m
Total assetsDKK 174kDKK 232kDKK 448k
CashDKK 78kDKK 73k–
Short-term debtDKK 3.4mDKK 3.3m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024146
1 Jan 2023 – 31 Dec 2023148
1 Jan 2022 – 31 Dec 2022174
1 Jan 2021 – 31 Dec 2021164
1 Jan 2020 – 31 Dec 202081
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018106
1 Jan 2017 – 31 Dec 201799
5 Mar 2016 – 31 Dec 2016151

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
CEOPeter Birk AndersenCurrent
BoardMorten Kamp Schubert
BoardSteffen Vangsgaard
BoardFlemming Bach Andreasen
BoardTroels Nørlem Madsen
BoardSøren Bredkjær Mikkelsen
BoardSteffen Vangsgaard
Owner (67%)PETER BIRK HOLDING ApSCurrent
Owner (20%)L&P Invest ApSCurrent
Owner (5%)Per Michael Kromann
Owner (5%)MADS BIRK HOLDING ApS
Owner (5%)BA Holding Aarhus IVS
FounderFlemming Bach AndreasenCurrent
FounderPer Michael KromannCurrent
FounderSøren Bredkjær MikkelsenCurrent
FounderPETER BIRK HOLDING ApSCurrent
FounderMADS BIRK HOLDING ApSCurrent
FounderSSC SOLUTIONS ApSCurrent
FounderVG Invest IVSCurrent
FounderKampschubert Holding ApSCurrent
FounderDodensig Holding IVSCurrent
FounderL&P Invest ApSCurrent
FounderBA Holding Aarhus IVSCurrent

The CEOs' other companies

Peter Birk Andersen – 8 other companies, of which 1 bankrupt

Address history (1 moves)

Anne Maries Vej 17, 9000 Aalborg
Slotspladsen 1, 9000 Aalborg

Former names

Setio ApS – now
Setio IVS –
Runtimizer IVS –

Employees per year

Number of employees at Setio ApS per year122016: 220162017: 22017

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Setio ApS

Has Setio ApS gone bankrupt?

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

What is the bankruptcy risk of Setio ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of Setio ApS?

Peter Birk Andersen is the CEO of Setio ApS.

Who is the auditor of Setio ApS?

Setio ApS most recently used Redmark, Godkendt Revisionspartnerselskab.

When was Setio ApS founded?

Setio ApS was founded on 5 March 2016.

What is the equity of Setio ApS?

Equity was DKK -3.2m 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.