Bust Holding ApS

CVR 38049534 · Private limited company (ApS) · Active · Low risk

Bust Holding ApS is a Private limited company (ApS), founded on , based in Odder. The company is registered in the industry formueforvaltning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.3m and a net result of DKK 390k. CEO: Mads Bust Johansen.

Bankruptcy risk for Bust Holding ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
38049534
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Mads Bust Johansen, Lemmestrupvej 16
8300 Odder
Municipality
Odder
Industry
Formueforvaltning (663000)
Bankruptcies in the industry: Formueforvaltning
Share capital
DKK 50k
Auditor
Schantz RevisionGodkendt revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio79.5%
Current ratio94%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -5,700DKK -5,200
Net profitDKK 390kDKK 500k
EquityDKK 1.3mDKK 866k
Total assetsDKK 1.6mDKK 1.4m
CashDKK 5,322–
Short-term debtDKK 294k–
Tax owedDKK 89k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Schantz RevisionGodkendt revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202551
1 Jan 2024 – 31 Dec 2024161
1 Jan 2023 – 31 Dec 2023116
1 Jan 2022 – 31 Dec 2022163
1 Jan 2021 – 31 Dec 2021115
1 Jan 2020 – 31 Dec 202053
1 Jan 2019 – 31 Dec 201994
1 Jan 2018 – 31 Dec 201879
28 Sep 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
CEOMads Bust JohansenCurrent
Owner (100%)Mads Bust JohansenCurrent
FounderMads Bust JohansenCurrent

The CEOs' other companies

Mads Bust Johansen – 3 other companies

Address history (2 moves)

c/o Mads Bust Johansen, Lemmestrupvej 16, 8300 Odder
c/o Mads Bust Johansen, Hou Strandpark 52, 8300 Odder
c/o Mads Bust Johansen, Rosensgade 16, 3. th, 8300 Odder

Similar companies in Odder

Questions and answers about Bust Holding ApS

Has Bust Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Bust Holding ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Bust Holding ApS?

Mads Bust Johansen is the CEO of Bust Holding ApS.

Who is the auditor of Bust Holding ApS?

Bust Holding ApS most recently used Schantz RevisionGodkendt revisionsaktieselskab.

When was Bust Holding ApS founded?

Bust Holding ApS was founded on 28 September 2016.

What is the equity of Bust Holding ApS?

Equity was DKK 1.3m 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.