Belt Generators ApS

CVR 39093618 · Private limited company (ApS) · Active · Low risk

Belt Generators ApS is a Private limited company (ApS), founded on , based in Odense M. The company is registered in the industry fremstilling af elektriske motorer, generatorer og transformatorer. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 8 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 146k and a net result of DKK -38k.

Bankruptcy risk for Belt Generators ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
39093618
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Forskerparken 10
5230 Odense M
Municipality
Odense
Industry
Fremstilling af elektriske motorer, generatorer og transformatorer (271100)
Bankruptcies in the industry: Fremstilling af andet elektrisk udstyr
Share capital
DKK 40k
Auditor
REVISIONSFIRMAET HARTVIG OG AALUND ApS
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio79.9%
Current ratio211%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address98
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -13kDKK -55k
Net profitDKK -38kDKK -63k
EquityDKK 146kDKK 184k
Total assetsDKK 182kDKK 218k
CashDKK 30k–
Short-term debtDKK 37k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · REVISIONSFIRMAET HARTVIG OG AALUND ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025146
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023152
1 Jan 2022 – 31 Dec 2022151
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019239 Late
17 Nov 2017 – 31 Dec 2018176

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
Owner (100%)Peter Bundsgaard RasmussenCurrent
FounderPeter Bundsgaard RasmussenCurrent

Address history (1 moves)

Forskerparken 10, 5230 Odense M
Knasterhovvej 21, 5700 Svendborg

Former names

Belt Generators ApS – now
Belt Generators IVS –

Other companies at the same address

Similar companies in Odense

Questions and answers about Belt Generators ApS

Has Belt Generators ApS gone bankrupt?

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

What is the bankruptcy risk of Belt Generators ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the auditor of Belt Generators ApS?

Belt Generators ApS most recently used REVISIONSFIRMAET HARTVIG OG AALUND ApS.

When was Belt Generators ApS founded?

Belt Generators ApS was founded on 16 November 2017.

What is the equity of Belt Generators ApS?

Equity was DKK 146k 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.