Iltsut ApS
CVR 37848778 · Private limited company (ApS) · Active · Low risk
Iltsut ApS is a Private limited company (ApS), founded on , based in Kongens Lyngby. The company is registered in the industry detailhandel med andre medicinske og ortopædiske artikler. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -158k and a net result of DKK -10k. CEO: Søren Mørch Badstue.
Bankruptcy risk for Iltsut ApS
0.4 × the average (1.41%) · higher risk than 66% of active Danish companies
Increases the risk
Reduces the risk
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
- 37848778
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (10 years)
- Address
- c/o Søren Badstue, Skeltoftevej 73
2800 Kongens Lyngby - Municipality
- Lyngby-Taarbæk
- Industry
- Detailhandel med andre medicinske og ortopædiske artikler (477420)
Bankruptcies in the industry: Tøjforretninger - Share capital
- DKK 50k
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 9 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -679.1% |
| Current ratio | 13% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 7 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -10k | DKK 81k |
| Net profit | DKK -10k | DKK 82k |
| Equity | DKK -158k | DKK -148k |
| Total assets | DKK 23k | DKK 195k |
| Cash | DKK 23k | – |
| Short-term debt | DKK 181k | – |
Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 74 | ||
| 1 Jan 2024 – 31 Dec 2024 | 121 | ||
| 1 Jan 2023 – 31 Dec 2023 | 94 | ||
| 1 Jan 2022 – 31 Dec 2022 | 163 | ||
| 1 Jan 2021 – 31 Dec 2021 | 155 | ||
| 1 Jan 2020 – 31 Dec 2020 | 125 | ||
| 1 Jan 2019 – 31 Dec 2019 | 167 | ||
| 1 Jan 2018 – 31 Dec 2018 | 147 | ||
| 1 Jul 2016 – 31 Dec 2017 | 151 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Søren Mørch Badstue | Current | |
| Owner (100%) | MICROWARM HOLDING ApS | Current | |
| Founder | MICROWARM HOLDING ApS | Current |
The CEOs' other companies
Søren Mørch Badstue – 15 other companies, of which 1 bankrupt
- HPN INVEST ApS Bankrupt 6 Aug 2004
- BLIDAH-GARAGERNE A/S Active
- DECUMED ApS Active
- HAC Automester ApS Active
- MICROWARM ApS Active
- MICROWARM HOLDING ApS Active
- OPFINDERFABRIKKEN ApS Opløst
- Posterly ApS Active
- SACO HOLDING A/S Active
- SACOMED A/S Active
- SCANDINAVIAN CATERING EQUIPMENT MANUFACTURING ApS Opløst
- SMART PARTS NORDIC ApS Opløst
- Sacopro ApS Active
- Søren Badstue Holding ApS Active
- Tømrerfirmaet AH ApS Active
Address history (1 moves)
| c/o Søren Badstue, Skeltoftevej 73, 2800 Kongens Lyngby | |
| Skovringen 3, 2950 Vedbæk |
Other companies at the same address
- BADSTUE HOLDING ApS Active
- DECUMED ApS Active
- MICROWARM ApS Active
- MICROWARM HOLDING ApS Active
- Posterly ApS Active
- Søren Badstue Holding ApS Active
- Tømrerfirmaet AH ApS Active
Similar companies in Lyngby-Taarbæk
- Hany Hearing ApS Kongens Lyngby
- ImplantScan ApS Kongens Lyngby
- HEIMDALL'S Denmark Aps Kongens Lyngby
- SVANEKLINIK ApS Kgs. Lyngby
- MICROWARM ApS Kongens Lyngby
- MICROWARM HOLDING ApS Kongens Lyngby
- OtoVita ApS Kongens Lyngby
Questions and answers about Iltsut ApS
Has Iltsut ApS gone bankrupt?
No, Iltsut ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Iltsut ApS?
Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.
Who is the CEO of Iltsut ApS?
Søren Mørch Badstue is the CEO of Iltsut ApS.
When was Iltsut ApS founded?
Iltsut ApS was founded on 1 July 2016.
What is the equity of Iltsut ApS?
Equity was DKK -158k 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.