BTN ApS

CVR 39177714 · Private limited company (ApS) · Active · Low risk

BTN ApS is a Private limited company (ApS), founded on , based in Holstebro. The company is registered in the industry ikke-finansielle holdingselskaber. 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 1.9m and a net result of DKK 423k. CEO: Bjarne Pilgaard Nielsen.

Bankruptcy risk for BTN ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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
39177714
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Hvedevænget 24
7500 Holstebro
Municipality
Holstebro
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio99.8%
Current ratio8,179%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -7,191DKK -3,437DKK -3,281
Net profitDKK 423kDKK 384kDKK 1.2m
EquityDKK 1.9mDKK 1.6mDKK 1.3m
Total assetsDKK 1.9mDKK 1.7mDKK 1.8m
CashDKK 82kDKK 20k–
Short-term debtDKK 3,125DKK 123k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202577
1 Jan 2024 – 31 Dec 202493
1 Jan 2023 – 31 Dec 2023107
1 Jan 2022 – 31 Dec 202294
1 Jan 2021 – 31 Dec 202167
1 Jan 2020 – 31 Dec 202082
1 Jan 2019 – 31 Dec 201993
18 Dec 2017 – 31 Dec 201895

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
CEOBjarne Pilgaard NielsenCurrent
Owner (100%)Bjarne Pilgaard NielsenCurrent
FounderBjarne Pilgaard NielsenCurrent

Address history (1 moves)

Hvedevænget 24, 7500 Holstebro
Skovgyden 2, 1. th, 7500 Holstebro

Former names

BTN ApS – now
BTN IVS –

Other companies at the same address

Similar companies in Holstebro

Questions and answers about BTN ApS

Has BTN ApS gone bankrupt?

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

What is the bankruptcy risk of BTN 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 BTN ApS?

Bjarne Pilgaard Nielsen is the CEO of BTN ApS.

Who is the auditor of BTN ApS?

BTN ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was BTN ApS founded?

BTN ApS was founded on 18 December 2017.

What is the equity of BTN ApS?

Equity was DKK 1.9m 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.