Burners ApS

CVR 38269690 · Private limited company (ApS) · Active · Low risk

Burners ApS is a Private limited company (ApS), founded on , based in Helsinge. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 752k and a net result of DKK 615k. CEO: Michael Happel Olsen.

Bankruptcy risk for Burners ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% 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×
Annual reports filed late1 · bankruptcy rate 11.3%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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · 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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
38269690
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Birkegårdsvej 10
3200 Helsinge
Municipality
Gribskov
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Auditor
Nejstgaard & Vetlov, Godkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio52.7%
Current ratio212%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.6mDKK 1.5m
Net profitDKK 615kDKK 604k
EquityDKK 752kDKK 737k
Total assetsDKK 1.4mDKK 1.4m
CashDKK 1.1m–
Short-term debtDKK 674k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Nejstgaard & Vetlov, Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202563
1 Jan 2024 – 31 Dec 202479
1 Jan 2023 – 31 Dec 2023135
1 Jan 2022 – 31 Dec 202281
1 Jan 2021 – 31 Dec 202191
1 Jan 2020 – 31 Dec 2020147
1 Jan 2019 – 31 Dec 2019234 Late
1 Jan 2018 – 31 Dec 201836
20 Dec 2016 – 31 Dec 201785

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
CEOMichael Happel OlsenCurrent
Owner (100%)27to ApSCurrent
Founder27to ApSCurrent

The CEOs' other companies

Michael Happel Olsen – 1 other companies

Address history (0 moves)

Birkegårdsvej 10, 3200 Helsinge

Other companies at the same address

Similar companies in Gribskov

Questions and answers about Burners ApS

Has Burners ApS gone bankrupt?

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

What is the bankruptcy risk of Burners 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 Burners ApS?

Michael Happel Olsen is the CEO of Burners ApS.

Who is the auditor of Burners ApS?

Burners ApS most recently used Nejstgaard & Vetlov, Godkendt Revisionsaktieselskab.

When was Burners ApS founded?

Burners ApS was founded on 20 December 2016.

What is the equity of Burners ApS?

Equity was DKK 752k 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.