ByAasberg ApS

CVR 39531321 · Private limited company (ApS) · Active · Medium risk

ByAasberg ApS is a Private limited company (ApS), founded on , based in Struer. The company is registered in the industry detailhandel med tekstiler. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 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 Jun 2025) shows equity of DKK 269k and a net result of DKK 130k. CEO: Emil Ultang Kristensen.

Bankruptcy risk for ByAasberg ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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
39531321
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Emil Ultang Kristensen, Vestergade 7, st.
7600 Struer
Municipality
Struer
Industry
Detailhandel med tekstiler (475100)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityNo
Equity ratio24.5%
Current ratio132%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 635kDKK 312kDKK 280k
Net profitDKK 130kDKK 42kDKK 63k
EquityDKK 269kDKK 147kDKK 105k
Total assetsDKK 1.1mDKK 871kDKK 643k
CashDKK 244kDKK 202k–
Short-term debtDKK 780kDKK 474k–
Tax owedDKK 26kDKK 12k–
Avg. employees1––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025261 Late
1 Jul 2023 – 30 Jun 2024199 Late
1 Jul 2022 – 30 Jun 2023178
1 Jul 2021 – 30 Jun 2022179
1 Jul 2020 – 30 Jun 2021168
1 Jul 2019 – 30 Jun 2020154
25 Apr 2018 – 30 Jun 2019140

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
CEOEmil Ultang KristensenCurrent
CEOEmil Ultang Kristensen
Owner (50%)Emil Ultang KristensenCurrent
Owner (50%)Mette Aasberg UltangCurrent
Owner (50%)Gitte Aasberg
FounderEmil Ultang KristensenCurrent
FounderGitte AasbergCurrent

Address history (2 moves)

c/o Emil Ultang Kristensen, Vestergade 7, st., 7600 Struer
c/o Emil Ultang Kristensen, Silkeborgvej 52, 8000 Aarhus C
c/o Emil Ultang Kristensen, Ravperlen 20, 7500 Holstebro

Former names

ByAasberg ApS – now
ByAasberg IvS –

Other companies at the same address

Similar companies in Struer

Questions and answers about ByAasberg ApS

Has ByAasberg ApS gone bankrupt?

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

What is the bankruptcy risk of ByAasberg ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of ByAasberg ApS?

Emil Ultang Kristensen is the CEO of ByAasberg ApS.

Who is the auditor of ByAasberg ApS?

ByAasberg ApS most recently used Beierholm.

When was ByAasberg ApS founded?

ByAasberg ApS was founded on 25 April 2018.

What is the equity of ByAasberg ApS?

Equity was DKK 269k according to the annual report for the period ending 30 June 2025.

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