VT Frederiksgade ApS

CVR 38859889 · Private limited company (ApS) · Active · Low risk

VT Frederiksgade ApS is a Private limited company (ApS), founded on , based in Svendborg. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 2.0m and a net result of DKK -231k. CEO: Michael Nordtorp Vestergaard.

Bankruptcy risk for VT Frederiksgade 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

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
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
38859889
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o BORCH Advokater, Østre Havnevej 2, 4.
5700 Svendborg
Municipality
Svendborg
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 1.0m
Auditor
REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityNo
Equity ratio27.8%
Current ratio1%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address55
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -74kDKK -45kDKK -20k
Net profitDKK -231kDKK -215kDKK -237k
EquityDKK 2.0mDKK 2.2mDKK 2.4m
Total assetsDKK 7.2mDKK 7.3mDKK 7.2m
CashDKK 0DKK 93k–
Short-term debtDKK 5.2mDKK 5.0m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · REVISION & RÅD, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 202497
1 Jan 2023 – 31 Dec 2023177
1 Jan 2022 – 31 Dec 2022158
1 Jan 2021 – 31 Dec 202146
1 Jan 2020 – 31 Dec 202071
1 Jan 2019 – 31 Dec 201962
16 Aug 2017 – 31 Dec 201850

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 Nordtorp VestergaardCurrent
Owner (100%)VT Ejendomsholding ApSCurrent
Owner (50%)CT Ejendomme Holding ApS
Owner (50%)MINOVE Ejendomsholding ApS
AuditorREVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorLLM STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderCT Ejendomme Holding ApSCurrent
FounderMINOVE Ejendomsholding ApSCurrent

The CEOs' other companies

Michael Nordtorp Vestergaard – 30 other companies

Address history (1 moves)

c/o BORCH Advokater, Østre Havnevej 2, 4., 5700 Svendborg
c/o BORCH Advokater, Ramsherred 2, 5700 Svendborg

Former names

VT Frederiksgade ApS – now
VT Ejendomme ApS –

Other companies at the same address

Similar companies in Svendborg

Questions and answers about VT Frederiksgade ApS

Has VT Frederiksgade ApS gone bankrupt?

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

What is the bankruptcy risk of VT Frederiksgade 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 VT Frederiksgade ApS?

Michael Nordtorp Vestergaard is the CEO of VT Frederiksgade ApS.

Who is the auditor of VT Frederiksgade ApS?

VT Frederiksgade ApS most recently used REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was VT Frederiksgade ApS founded?

VT Frederiksgade ApS was founded on 16 August 2017.

What is the equity of VT Frederiksgade ApS?

Equity was DKK 2.0m 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.