C.O.N. Finans ApS

CVR 38270176 · Private limited company (ApS) · Active · Low risk

C.O.N. Finans ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 10 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 23.2m and a net result of DKK -13.0m. CEO: Otto Adam Nielsen.

Bankruptcy risk for C.O.N. Finans ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO changes1 · bankruptcy rate 11.4%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×
Loss for the yearYes · bankruptcy rate 10.3%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
38270176
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Otto Adam Nielsen, Grønningen 36
8700 Horsens
Municipality
Horsens
Industry
Rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder (711210)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 99k
Auditor
Roesgaard
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 10
Missing annual reportNo
Negative equityNo
Equity ratio98.9%
Current ratio1,730%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -151kDKK -287k
Net profitDKK -13.0mDKK 83k
EquityDKK 23.2mDKK 37.4m
Total assetsDKK 23.4mDKK 37.4m
CashDKK 111k–
Short-term debtDKK 269k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023171
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021152
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019265 Late
1 Jan 2018 – 31 Dec 2018168
1 Jan 2017 – 31 Dec 2017160
20 Dec 2016 – 31 Dec 2016165

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
CEOOtto Adam NielsenCurrent
CEOClaus Olaf Nielsen
Owner (100%)Otto Adam NielsenCurrent
Owner (100%)Claus Olaf Nielsen
Owner (0%)Claus Olaf Nielsen
Owner (90%)Otto Adam Nielsen
Owner (0%)C.O.N. Finans ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderClaus Olaf NielsenCurrent

The CEOs' other companies

Otto Adam Nielsen – 13 other companies

Claus Olaf Nielsen – 15 other companies

Address history (1 moves)

c/o Otto Adam Nielsen, Grønningen 36, 8700 Horsens
Langelinie 8F, 8700 Horsens

Other companies at the same address

Similar companies in Horsens

Questions and answers about C.O.N. Finans ApS

Has C.O.N. Finans ApS gone bankrupt?

No, C.O.N. Finans ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of C.O.N. Finans 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 C.O.N. Finans ApS?

Otto Adam Nielsen is the CEO of C.O.N. Finans ApS.

Who is the auditor of C.O.N. Finans ApS?

C.O.N. Finans ApS most recently used Roesgaard.

When was C.O.N. Finans ApS founded?

C.O.N. Finans ApS was founded on 20 December 2016.

What is the equity of C.O.N. Finans ApS?

Equity was DKK 23.2m 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.