CE Progress ApS

CVR 38748033 · Private limited company (ApS) · Active · Low risk

CE Progress ApS is a Private limited company (ApS), founded on , based in Sæby. The company is registered in the industry engroshandel med værktøjsmaskiner. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 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 721k and a net result of DKK 215k.

Bankruptcy risk for CE Progress ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
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
38748033
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Fallavej 2
9300 Sæby
Municipality
Frederikshavn
Industry
Engroshandel med værktøjsmaskiner (466200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
1 (2018)
Auditor
RevisorDK, Godkendt Revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio31.2%
Current ratio140%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 391kDKK 327kDKK 520k
Net profitDKK 215kDKK 173kDKK 227k
EquityDKK 721kDKK 506kDKK 333k
Total assetsDKK 2.3mDKK 2.0mDKK 1.9m
CashDKK 8,786DKK 3,136–
Short-term debtDKK 1.6mDKK 1.5m–
Tax owedDKK 62kDKK 50k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RevisorDK, Godkendt Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025153
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022157
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019212 Late
1 Jan 2018 – 31 Dec 2018165
1 Jan 2017 – 31 Dec 2017135

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
Owner (100%)Carsten ElefsenCurrent
FounderCarsten ElefsenCurrent

Address history (2 moves)

Fallavej 2, 9300 Sæby
Kildevej 7A, 9300 Sæby
Kildevej 9, 9300 Sæby

Employees per year

Number of employees at CE Progress ApS per year112018: 12018

Other companies at the same address

Similar companies in Frederikshavn

Questions and answers about CE Progress ApS

Has CE Progress ApS gone bankrupt?

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

What is the bankruptcy risk of CE Progress ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the auditor of CE Progress ApS?

CE Progress ApS most recently used RevisorDK, Godkendt Revisionsanpartsselskab.

When was CE Progress ApS founded?

CE Progress ApS was founded on 23 June 2017.

What is the equity of CE Progress ApS?

Equity was DKK 721k 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.