KEL Holding Balka ApS

CVR 38191888 · Private limited company (ApS) · Active · Low risk

KEL Holding Balka ApS is a Private limited company (ApS), founded on , based in Nexø. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 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 8.6m and a net result of DKK 534k. CEO: Knud Erik Larsen.

Bankruptcy risk for KEL Holding Balka ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
38191888
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Myrevej 4A
3730 Nexø
Municipality
Bornholms Regionskommune
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Nexø Revision A/S
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 10
Missing annual reportNo
Negative equityNo
Equity ratio96.0%
Current ratio2,253%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -7,551DKK 4,314DKK -2,943
Net profitDKK 534kDKK 254kDKK 166k
EquityDKK 8.6mDKK 8.2mDKK 8.1m
Total assetsDKK 9.0mDKK 8.3mDKK 8.6m
CashDKK 2.2mDKK 2.6m–
Short-term debtDKK 360kDKK 83k–
Tax owedDKK 257k––
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Nexø Revision A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025111
1 Jan 2024 – 31 Dec 202456
1 Jan 2023 – 31 Dec 2023137
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021186 Late
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 201993
1 Jan 2018 – 31 Dec 2018164
1 Jan 2017 – 31 Dec 2017159
14 Nov 2016 – 31 Dec 2016157

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
CEOKnud Erik LarsenCurrent
Owner (100%)Knud Erik LarsenCurrent
AuditorBornholms Revision A/S
FounderKnud Erik LarsenCurrent

The CEOs' other companies

Knud Erik Larsen – 8 other companies, of which 4 bankrupt

Address history (0 moves)

Myrevej 4A, 3730 Nexø

Other companies at the same address

Similar companies in Bornholms Regionskommune

Questions and answers about KEL Holding Balka ApS

Has KEL Holding Balka ApS gone bankrupt?

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

What is the bankruptcy risk of KEL Holding Balka ApS?

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

Who is the CEO of KEL Holding Balka ApS?

Knud Erik Larsen is the CEO of KEL Holding Balka ApS.

Who is the auditor of KEL Holding Balka ApS?

KEL Holding Balka ApS most recently used Nexø Revision A/S.

When was KEL Holding Balka ApS founded?

KEL Holding Balka ApS was founded on 14 November 2016.

What is the equity of KEL Holding Balka ApS?

Equity was DKK 8.6m 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.