Olto Trade ApS

CVR 38980556 · Private limited company (ApS) · Dissolved after bankruptcy

Olto Trade ApS is a Private limited company (ApS), founded on , based in Aabenraa. The company is registered in the industry engroshandel med personbiler, varebiler og minibusser. Olto Trade ApS went bankrupt on – 3.8 years after it was founded. 2 annual reports have been published. The latest annual report (31 Dec 2019) shows equity of DKK 2.1m and a net result of DKK 1.9m.

Bankruptcy

Bankruptcy date
Status
Dissolved after bankruptcy
Age at bankruptcy
3.8 years

Company details

CVR number
38980556
Status
Dissolved after bankruptcy
Company type
Private limited company (ApS)
Founded
Ceased
Address
Skibbroen 16, 1. tv
6200 Aabenraa
Municipality
Aabenraa
Industry
Engroshandel med personbiler, varebiler og minibusser (451110)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 50k
Employees
1 (2018)
Auditor
Ernst & Young Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio8.8%
Current ratio108%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20192018
Gross profitDKK 2.8mDKK 452k
Net profitDKK 1.9mDKK 139k
EquityDKK 2.1mDKK 189k
Total assetsDKK 23.7mDKK 3.1m
CashDKK 18k–
Short-term debtDKK 21.1m–
Tax owedDKK 66k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Ernst & Young Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2019 – 31 Dec 2019135
2 Oct 2017 – 31 Dec 2018168

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
CEOOle Frank Nielsen
Owner (50%)GP Kollund Rewards ApS
Owner (25%)Acompa ApS
Owner (25%)Foodtrucker ApS
Owner (33%)OFN HOLDING ApS
Owner (33%)M Power Holding ApS
Owner (33%)Foodtrucker ApS
Owner (50%)OFN HOLDING ApS
Owner (50%)M Power Holding ApS
AuditorEY Godkendt Revisionspartnerselskab
FounderGP Kollund Rewards ApS
FounderAcompa ApS
FounderFoodtrucker ApS

The CEOs' other companies

Ole Frank Nielsen – 7 other companies, of which 2 bankrupt

Address history (3 moves)

Skibbroen 16, 1. tv, 6200 Aabenraa
Tarp Byvej 6D, 6715 Esbjerg N
Brundtlandparken 10, 6520 Toftlund
Vestermarksvej 20, 6200 Aabenraa

Former names

Olto Trade ApS –
Atlantic.as ApS –
Atlantic Distribution ApS –

Employees per year

Number of employees at Olto Trade ApS per year112018: 12018

Other companies at the same address

Similar companies in Aabenraa

Questions and answers about Olto Trade ApS

Has Olto Trade ApS gone bankrupt?

Yes. Olto Trade ApS went bankrupt on 15 July 2021.

Who is the auditor of Olto Trade ApS?

Olto Trade ApS most recently used Ernst & Young Godkendt Revisionspartnerselskab.

When was Olto Trade ApS founded?

Olto Trade ApS was founded on 2 October 2017.

What is the equity of Olto Trade ApS?

Equity was DKK 2.1m according to the annual report for the period ending 31 December 2019.

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