Netsystem ApS

CVR 38863614 · Private limited company (ApS) · Active · Low risk

Netsystem ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. 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 2.1m and a net result of DKK 1.1m. CEO: Thomas Kvistgaard Kruse.

Bankruptcy risk for Netsystem 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

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
38863614
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Vesterdamsvænget 59
7400 Herning
Municipality
Herning
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio78.1%
Current ratio456%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.4mDKK 1.4mDKK 1.4m
Net profitDKK 1.1mDKK 1.2mDKK 1.1m
EquityDKK 2.1mDKK 2.0mDKK 1.8m
Total assetsDKK 2.7mDKK 2.5mDKK 2.4m
CashDKK 1.4mDKK 1.1m–
Short-term debtDKK 592kDKK 571k–
Tax owedDKK 320kDKK 328k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202578
1 Jan 2024 – 31 Dec 202444
1 Jan 2023 – 31 Dec 202373
1 Jan 2022 – 31 Dec 202269
1 Jan 2021 – 31 Dec 202170
1 Jan 2020 – 31 Dec 202050
1 Jan 2019 – 31 Dec 2019154
18 Aug 2017 – 31 Dec 2018159

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
CEOThomas Kvistgaard KruseCurrent
Owner (100%)TKK Invest Holding ApSCurrent
FounderTKK Invest Holding ApSCurrent

The CEOs' other companies

Thomas Kvistgaard Kruse – 1 other companies

Address history (2 moves)

Vesterdamsvænget 59, 7400 Herning
Vesterdamsvænget 3A, 7400 Herning
Vesterdamsvænget 92, 7400 Herning

Similar companies in Herning

Questions and answers about Netsystem ApS

Has Netsystem ApS gone bankrupt?

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

What is the bankruptcy risk of Netsystem 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 Netsystem ApS?

Thomas Kvistgaard Kruse is the CEO of Netsystem ApS.

Who is the auditor of Netsystem ApS?

Netsystem ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Netsystem ApS founded?

Netsystem ApS was founded on 18 August 2017.

What is the equity of Netsystem ApS?

Equity was DKK 2.1m 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.