Blue World Technologies ApS

CVR 39931664 · Private limited company (ApS) · Active · High risk

Blue World Technologies ApS is a Private limited company (ApS), founded on , based in Aalborg Øst. The company is registered in the industry fremstilling af elektriske motorer, generatorer og transformatorer. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 475k and a net result of DKK 17.8m. CEO: Anders Risum Korsgaard.

Bankruptcy risk for Blue World Technologies ApS

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Return on assets15%+ · 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
39931664
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Langerak 15A
9220 Aalborg Øst
Municipality
Aalborg
Industry
Fremstilling af elektriske motorer, generatorer og transformatorer (271100)
Bankruptcies in the industry: Fremstilling af andet elektrisk udstyr
Share capital
DKK 50k
Employees
2 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio4.1%
Current ratio114%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 20.4mDKK -22.2mDKK 4.5m
Net profitDKK 17.8mDKK -32.4mDKK -1.4m
EquityDKK 475kDKK -17.3mDKK 15.0m
Total assetsDKK 11.7mDKK 12.1mDKK 44.9m
CashDKK 541kDKK 357k–
Short-term debtDKK 2.4mDKK 24.1m–
Avg. employees4281–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022109
1 Jan 2021 – 31 Dec 202191
1 Jan 2020 – 31 Dec 2020109
10 Oct 2018 – 31 Dec 2019126

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
CEOAnders Risum KorsgaardCurrent
CEOMads Bang
CEOMads Friis Jensen
BoardOle Graa JakobsenCurrent
BoardDan ChoonCurrent
BoardAnders Risum KorsgaardCurrent
BoardChristian Peter Schou JakobsenCurrent
BoardAnders Risum Korsgaard
BoardMads Bang
BoardMads Friis Jensen
BoardBrian Lindgaard Jensen
BoardLykke Friis
BoardChristian Winther
BoardFENG, WU-FENG
BoardJohn Ndoke Butt
BoardMichael Franz Heinrich Wellenzohn
BoardAllegra Morgane Kowalewski-Ferreira
BoardDr. Markus Müller
BoardGaëtan Bonhomme
BoardAllegra Kowalewski-Ferreira
BoardSameer Kalra
BoardSameer Kalra
BoardJohan Bitsch Nielsen
Owner (100%)Blue World Technologies Holding ApSCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderBlue World Technologies Holding ApSCurrent

The CEOs' other companies

Anders Risum Korsgaard – 17 other companies, of which 1 bankrupt

Mads Bang – 14 other companies, of which 1 bankrupt

Mads Friis Jensen – 8 other companies

Address history (2 moves)

Langerak 15A, 9220 Aalborg Øst
Langerak 15A, 9220 Aalborg Øst
Lavavej 16, 9220 Aalborg Øst

Employees per year

Number of employees at Blue World Technologies ApS per year122018: 22018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Blue World Technologies ApS

Has Blue World Technologies ApS gone bankrupt?

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

What is the bankruptcy risk of Blue World Technologies ApS?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of Blue World Technologies ApS?

Anders Risum Korsgaard is the CEO of Blue World Technologies ApS.

Who is the auditor of Blue World Technologies ApS?

Blue World Technologies ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was Blue World Technologies ApS founded?

Blue World Technologies ApS was founded on 10 October 2018.

What is the equity of Blue World Technologies ApS?

Equity was DKK 475k 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.