Vestervang Pilestrø ApS

CVR 39475839 · Private limited company (ApS) · Active · Medium risk

Vestervang Pilestrø ApS is a Private limited company (ApS), founded on , based in Brønderslev. The company is registered in the industry fremstilling af andre trævarer og varer af kork, strå og flettematerialer. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 7 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -303k and a net result of DKK 35k. CEO: Torsten Elgaard Kristiansen.

Bankruptcy risk for Vestervang Pilestrø ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×

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
39475839
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Vanggårdsvej 25
9700 Brønderslev
Municipality
Brønderslev
Industry
Fremstilling af andre trævarer og varer af kork, strå og flettematerialer (162800)
Bankruptcies in the industry: Fremstilling af bygningstømmer og snedkeriartikler i øvrigt
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-14.9%
Current ratio105%
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 year20252024
Gross profitDKK 1.2mDKK 608k
Net profitDKK 35kDKK -371k
EquityDKK -303kDKK -338k
Total assetsDKK 2.0mDKK 1.9m
CashDKK 16k–
Short-term debtDKK 1.3m–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025125
1 Oct 2023 – 30 Sep 2024182
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022190 Late
1 Oct 2020 – 30 Sep 2021168
1 Oct 2019 – 30 Sep 2020162
10 Apr 2018 – 30 Sep 2019149

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
CEOTorsten Elgaard KristiansenCurrent
Owner (100%)Torsten Elgaard KristiansenCurrent
FounderTorsten Elgaard KristiansenCurrent

Address history (1 moves)

Vanggårdsvej 25, 9700 Brønderslev
Kæragerholmvej 5, 9382 Tylstrup

Other companies at the same address

Similar companies in Brønderslev

Questions and answers about Vestervang Pilestrø ApS

Has Vestervang Pilestrø ApS gone bankrupt?

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

What is the bankruptcy risk of Vestervang Pilestrø ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of Vestervang Pilestrø ApS?

Torsten Elgaard Kristiansen is the CEO of Vestervang Pilestrø ApS.

When was Vestervang Pilestrø ApS founded?

Vestervang Pilestrø ApS was founded on 10 April 2018.

What is the equity of Vestervang Pilestrø ApS?

Equity was DKK -303k according to the annual report for the period ending 30 September 2025.

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