Krusell ApS

CVR 37967785 · Private limited company (ApS) · Active · Low risk

Krusell ApS is a Private limited company (ApS), founded on , based in Hillerød. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 742k and a net result of DKK 15k. CEO: Thor Kvitthaug.

Bankruptcy risk for Krusell ApS

0.2%
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

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
37967785
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Rosenvej 9
3400 Hillerød
Municipality
Hillerød
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
1 (2018)
Auditor
Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio60.8%
Current ratio211%
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 537kDKK 621kDKK 1.1m
Net profitDKK 15kDKK 22kDKK 410k
EquityDKK 742kDKK 790kDKK 829k
Total assetsDKK 1.2mDKK 1.4mDKK 1.7m
CashDKK 7,108DKK 50k–
Short-term debtDKK 468kDKK 650k–
Tax owed–DKK 0–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023170
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021168
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 2019162
1 Jan 2018 – 31 Dec 2018163
30 Aug 2016 – 31 Dec 2017151

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
CEOThor KvitthaugCurrent
Owner (100%)Thor KvitthaugCurrent
FounderThor KvitthaugCurrent

Address history (0 moves)

Rosenvej 9, 3400 Hillerød

Employees per year

Number of employees at Krusell ApS per year112017: 020172018: 12018

Similar companies in Hillerød

Questions and answers about Krusell ApS

Has Krusell ApS gone bankrupt?

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

What is the bankruptcy risk of Krusell ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Krusell ApS?

Thor Kvitthaug is the CEO of Krusell ApS.

Who is the auditor of Krusell ApS?

Krusell ApS most recently used Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab.

When was Krusell ApS founded?

Krusell ApS was founded on 23 August 2016.

What is the equity of Krusell ApS?

Equity was DKK 742k 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.