Elteco ApS

CVR 39503077 · Private limited company (ApS) · Active · Low risk

Elteco ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry engroshandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 5.1m and a net result of DKK 178k. CEO: Torben Pilgaard.

Bankruptcy risk for Elteco ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
39503077
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
HI-Park 315
7400 Herning
Municipality
Herning
Industry
Engroshandel med informations- og kommunikationsudstyr (465000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
5 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio37.0%
Current ratio147%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 5.1mDKK 5.5m
Net profitDKK 178kDKK 102k
EquityDKK 5.1mDKK 4.9m
Total assetsDKK 13.7mDKK 12.0m
Short-term debtDKK 8.6m–
Tax owedDKK 57k–
Avg. employees6–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202587
1 Jan 2024 – 31 Dec 202465
1 Jan 2023 – 31 Dec 2023166
1 Jan 2022 – 31 Dec 2022163
1 Jan 2021 – 31 Dec 2021140
1 Jan 2020 – 31 Dec 2020145
1 Jan 2019 – 31 Dec 2019132
19 Apr 2018 – 31 Dec 2018105

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
CEOTorben PilgaardCurrent
Owner (100%)TP Holding ApSCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderTP Holding ApSCurrent

The CEOs' other companies

Torben Pilgaard – 2 other companies

Address history (2 moves)

HI-Park 315, 7400 Herning
HI-Park 315, 7400 Herning
Valløvej 3, 7400 Herning

Former names

Elteco ApS – now
Elteco Supply ApS –

Employees per year

Number of employees at Elteco ApS per year352018: 52018

Similar companies in Herning

Questions and answers about Elteco ApS

Has Elteco ApS gone bankrupt?

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

What is the bankruptcy risk of Elteco ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Elteco ApS?

Torben Pilgaard is the CEO of Elteco ApS.

Who is the auditor of Elteco ApS?

Elteco ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Elteco ApS founded?

Elteco ApS was founded on 19 April 2018.

What is the equity of Elteco ApS?

Equity was DKK 5.1m 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.