Smith & Hartung Development ApS

CVR 39500701 · Private limited company (ApS) · Active · Low risk

Smith & Hartung Development ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. 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 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -117k and a net result of DKK -144k. CEO: Kristian Saldern Smith, Michael Elkjær Hartung.

Bankruptcy risk for Smith & Hartung Development 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Audit opted outYes · 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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
39500701
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Nørre Allé 86, st. th
8000 Aarhus C
Municipality
Aarhus
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-98.9%
Current ratio0%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address79
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 0–
Gross profitDKK -1,500DKK -1,537
Net profitDKK -144kDKK -897k
EquityDKK -117kDKK 26k
Total assetsDKK 119kDKK 263k
CashDKK 136–
Short-term debtDKK 236k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 2021189 Late
1 Jan 2020 – 31 Dec 2020193 Late
1 Jan 2019 – 31 Dec 2019257 Late
18 Apr 2018 – 31 Dec 2018151

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
CEOKristian Saldern SmithCurrent
CEOMichael Elkjær HartungCurrent
Owner (100%)Smith & Hartung ApSCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderSmith & Hartung ApSCurrent

The CEOs' other companies

Kristian Saldern Smith – 36 other companies

Michael Elkjær Hartung – 38 other companies, of which 3 bankrupt

Address history (2 moves)

Nørre Allé 86, st. th, 8000 Aarhus C
Nørre Allé 86, st. th, 8000 Aarhus C
Søndermarken 1, 8362 Hørning

Former names

Smith & Hartung Development ApS – now
Bedemændenes Partnerskab ApS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Smith & Hartung Development ApS

Has Smith & Hartung Development ApS gone bankrupt?

No, Smith & Hartung Development ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Smith & Hartung Development 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 CEO of Smith & Hartung Development ApS?

Kristian Saldern Smith, Michael Elkjær Hartung are the CEOs of Smith & Hartung Development ApS.

When was Smith & Hartung Development ApS founded?

Smith & Hartung Development ApS was founded on 18 April 2018.

What is the equity of Smith & Hartung Development ApS?

Equity was DKK -117k 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.