CYLOCK ApS

CVR 38899546 · Private limited company (ApS) · Active · Low risk

CYLOCK ApS is a Private limited company (ApS), founded on , based in Juelsminde. The company is registered in the industry fremstilling af låse og hængsler. Our model estimates a bankruptcy risk of 1.1% over the next 12 months, which is 0.8 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Mar 2026) shows equity of DKK -2.3m and a net result of DKK -53k. CEO: Erling Nielsen.

Bankruptcy risk for CYLOCK ApS

1.1%
probability of bankruptcy within 12 months
Low risk

0.8 × the average (1.41%) · higher risk than 74% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%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

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
38899546
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Klejsgårdvej 22
7130 Juelsminde
Municipality
Hedensted
Industry
Fremstilling af låse og hængsler (256200)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 150k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-35,098.8%
Current ratio2%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202620252024
Gross profitDKK -53kDKK -115kDKK -456k
Net profitDKK -53kDKK -115kDKK -1.8m
EquityDKK -2.3mDKK -2.3mDKK -2.2m
Total assetsDKK 6,689DKK 49kDKK 93k
CashDKK 4,184DKK 12k–
Short-term debtDKK 331kDKK 320k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 202699
1 Apr 2024 – 31 Mar 2025104
1 Apr 2023 – 31 Mar 2024183
1 Apr 2022 – 31 Mar 2023152
1 Apr 2021 – 31 Mar 2022182
1 Apr 2020 – 31 Mar 2021132
1 Apr 2019 – 31 Mar 2020181
1 Apr 2018 – 31 Mar 2019149
30 Aug 2017 – 31 Mar 2018150

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
CEOErling NielsenCurrent
BoardErling NielsenCurrent
BoardMichael HemmingsenCurrent
BoardHenrik StenshøjCurrent
BoardErling Lorenzen Petersen
BoardMik Carl Achton-Boel
BoardPalle Hansen
BoardEbbe Bouman Hindrup
BoardStephan Winther
BoardJakob Lykke Bjerre
Owner (10%)Q4 TECHNOLOGIES HOLDING ApSCurrent
Owner (67%)ERLING NIELSEN INTERNATIONAL A/SCurrent
Owner (100%)ERLING NIELSEN INTERNATIONAL A/S
Owner (50%)ERLING NIELSEN INTERNATIONAL A/S
Owner (10%)HORSODAN ELEKTRONIK A/S
Owner (10%)ABM Kapital Holding Aps
Owner (10%)Total Rens ApS
Owner (67%)ERLING NIELSEN INTERNATIONAL A/S
Owner (10%)GREGERS NIELSEN HOLDING ApS
Owner (50%)ERLING NIELSEN INTERNATIONAL A/S
Owner (10%)DEVELCO A/S
FounderERLING NIELSEN INTERNATIONAL A/SCurrent

The CEOs' other companies

Erling Nielsen – 27 other companies, of which 3 bankrupt

Address history (0 moves)

Klejsgårdvej 22, 7130 Juelsminde

Other companies at the same address

Similar companies in Hedensted

Questions and answers about CYLOCK ApS

Has CYLOCK ApS gone bankrupt?

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

What is the bankruptcy risk of CYLOCK ApS?

Our model estimates a bankruptcy risk of 1.1% over the next 12 months (low risk), which is 0.8 times the average for Danish companies.

Who is the CEO of CYLOCK ApS?

Erling Nielsen is the CEO of CYLOCK ApS.

Who is the auditor of CYLOCK ApS?

CYLOCK ApS most recently used Beierholm.

When was CYLOCK ApS founded?

CYLOCK ApS was founded on 30 August 2017.

What is the equity of CYLOCK ApS?

Equity was DKK -2.3m according to the annual report for the period ending 31 March 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.