BTTN ApS

CVR 37582085 · Private limited company (ApS) · Active · Medium risk

BTTN ApS is a Private limited company (ApS), founded on , based in Maribo. The company is registered in the industry formueforvaltning. Our model estimates a bankruptcy risk of 1.7% over the next 12 months, which is 1.2 times the average for Danish companies. 10 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -306k and a net result of DKK -618. CEO: Hala Shalha.

Bankruptcy risk for BTTN ApS

1.7%
probability of bankruptcy within 12 months
Medium risk

1.2 × the average (1.41%) · higher risk than 81% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
37582085
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Binnitsevej 2
4930 Maribo
Municipality
Lolland
Industry
Formueforvaltning (663000)
Bankruptcies in the industry: Anden undervisning i.a.n.
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-1,025.6%
Current ratio0%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -615DKK -134k
Net profitDKK -618DKK -106k
EquityDKK -306kDKK -305k
Total assetsDKK 30kDKK 34k
CashDKK 0–
Short-term debtDKK 336k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025158
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022138
1 Jan 2021 – 31 Dec 2021146
1 Jan 2020 – 31 Dec 2020193 Late
1 Jan 2019 – 31 Dec 2019258 Late
1 Jan 2018 – 31 Dec 2018172
1 Jan 2017 – 31 Dec 2017155
31 Mar 2016 – 31 Dec 2016139

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
CEOHala ShalhaCurrent
CEOLouise Apitzsch Bertelsen
Owner (100%)Hala ShalhaCurrent
Owner (100%)Louise Apitzsch Bertelsen
Owner (100%)Apitzsch Holding ApS
FounderApitzsch Holding ApSCurrent

The CEOs' other companies

Hala Shalha – 1 other companies

Louise Apitzsch Bertelsen – 5 other companies

Address history (1 moves)

Binnitsevej 2, 4930 Maribo
Lundtoftegårdsvej 127, 2800 Kgs. Lyngby

Former names

BTTN ApS – now
Apitzsch Ejendomme ApS –

Similar companies in Lolland

Questions and answers about BTTN ApS

Has BTTN ApS gone bankrupt?

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

What is the bankruptcy risk of BTTN ApS?

Our model estimates a bankruptcy risk of 1.7% over the next 12 months (medium risk), which is 1.2 times the average for Danish companies.

Who is the CEO of BTTN ApS?

Hala Shalha is the CEO of BTTN ApS.

When was BTTN ApS founded?

BTTN ApS was founded on 31 March 2016.

What is the equity of BTTN ApS?

Equity was DKK -306k 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.