KvistOlesen ApS

CVR 38767461 · Private limited company (ApS) · Active · Medium risk

KvistOlesen ApS is a Private limited company (ApS), founded on , based in Esbjerg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.8% over the next 12 months, which is 1.3 times the average for Danish companies. 8 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 105k and a net result of DKK -1.5m. CEO: Line Kvist Olesen.

Bankruptcy risk for KvistOlesen ApS

1.8%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 81% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · 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
38767461
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Gormsgade 8
6700 Esbjerg
Municipality
Esbjerg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityNo
Equity ratio2.6%
Current ratio8%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Net profitDKK -1.5mDKK -165kDKK 901k
EquityDKK 105kDKK 1.8mDKK 2.1m
Total assetsDKK 4.1mDKK 3.9mDKK 3.3m
CashDKK 211kDKK 17k–
Short-term debtDKK 2.9mDKK 1.8m–
Tax owedDKK 119kDKK 767k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021158
1 Jan 2020 – 31 Dec 2020109
1 Jan 2019 – 31 Dec 201972
1 Jul 2017 – 31 Dec 2018155

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
CEOLine Kvist OlesenCurrent
Owner (50%)Michael KvistCurrent
Owner (50%)Line Kvist OlesenCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMichael KvistCurrent
FounderLine Kvist OlesenCurrent

The CEOs' other companies

Line Kvist Olesen – 3 other companies

Address history (0 moves)

Gormsgade 8, 6700 Esbjerg

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about KvistOlesen ApS

Has KvistOlesen ApS gone bankrupt?

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

What is the bankruptcy risk of KvistOlesen ApS?

Our model estimates a bankruptcy risk of 1.8% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of KvistOlesen ApS?

Line Kvist Olesen is the CEO of KvistOlesen ApS.

Who is the auditor of KvistOlesen ApS?

KvistOlesen ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was KvistOlesen ApS founded?

KvistOlesen ApS was founded on 1 July 2017.

What is the equity of KvistOlesen ApS?

Equity was DKK 105k 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.