Kunsten ApS

CVR 37866326 · Private limited company (ApS) · Active · Low risk

Kunsten ApS is a Private limited company (ApS), founded on , based in Esbjerg. The company is registered in the industry servering af mad i restauranter og caféer. 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. The latest annual report (31 Dec 2025) shows equity of DKK 1.9m and a net result of DKK 226k. CEO: Torben Georg Seldrup.

Bankruptcy risk for Kunsten ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
37866326
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Havnegade 20
6700 Esbjerg
Municipality
Esbjerg
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 40k
Employees
0 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio62.9%
Current ratio245%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.9mDKK 2.7m
Net profitDKK 226kDKK 204k
EquityDKK 1.9mDKK 1.7m
Total assetsDKK 3.1mDKK 2.6m
CashDKK 1.9m–
Short-term debtDKK 1.1m–
Tax owedDKK 49k–
Avg. employees5–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025111
1 Jan 2024 – 31 Dec 202491
1 Jan 2023 – 31 Dec 2023106
1 Jan 2022 – 31 Dec 202286
1 Jan 2021 – 31 Dec 2021151
1 Jan 2020 – 31 Dec 2020146
1 Jan 2019 – 31 Dec 2019153
1 Jan 2018 – 31 Dec 2018158
1 Jan 2017 – 31 Dec 201766
1 Jan 2016 – 31 Dec 201667

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
CEOTorben Georg SeldrupCurrent
BoardJohnny SøtrupCurrent
BoardFrank JørgensenCurrent
BoardHelle TingbergCurrent
BoardKaren Frøsig
BoardPeter Mikael Ringtved
Owner (100%)MUSIKHUSET ESBJERG. FONDCurrent
Owner (100%)Josef Nielsen Holding ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderJosef Anton NielsenCurrent

The CEOs' other companies

Torben Georg Seldrup – 4 other companies, of which 1 bankrupt

Address history (0 moves)

Havnegade 20, 6700 Esbjerg

Former names

Kunsten ApS – now
Restaurant Kunstpavillonen ApS –

Employees per year

Number of employees at Kunsten ApS per year8162016: 1420162017: 1620172018: 02018

Similar companies in Esbjerg

Questions and answers about Kunsten ApS

Has Kunsten ApS gone bankrupt?

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

What is the bankruptcy risk of Kunsten 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.

Who is the CEO of Kunsten ApS?

Torben Georg Seldrup is the CEO of Kunsten ApS.

Who is the auditor of Kunsten ApS?

Kunsten ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Kunsten ApS founded?

Kunsten ApS was founded on 30 June 2016.

What is the equity of Kunsten ApS?

Equity was DKK 1.9m 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.