Kielgast Kristensen ApS

CVR 40043586 · Private limited company (ApS) · Active · Low risk

Kielgast Kristensen ApS is a Private limited company (ApS), founded on , based in Nørresundby. The company is registered in the industry planlægning og design af reklamekampagner. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 7 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 177k and a net result of DKK -164k. CEO: Mads Bo Kielgast Kristensen.

Bankruptcy risk for Kielgast Kristensen 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

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
40043586
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Klitrosevej 9
9400 Nørresundby
Municipality
Aalborg
Industry
Planlægning og design af reklamekampagner (731110)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 7
Missing annual reportNo
Negative equityNo
Equity ratio29.2%
Current ratio273%
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 year202520242023
Gross profitDKK -37kDKK 401kDKK -26k
Net profitDKK -164kDKK 145kDKK -85k
EquityDKK 177kDKK 373kDKK 229k
Total assetsDKK 605kDKK 844kDKK 461k
CashDKK 266kDKK 370k–
Short-term debtDKK 153kDKK 195k–
Tax owedDKK 0DKK 64k–
Avg. employees10–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024196 Late
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022200 Late
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020193 Late
23 Nov 2018 – 31 Dec 2019239 Late

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
CEOMads Bo Kielgast KristensenCurrent
Owner (100%)Mads Bo Kielgast KristensenCurrent
Owner (100%)Mads Bo Kielgast Kristensen
FounderMads Bo Kielgast KristensenCurrent

The CEOs' other companies

Mads Bo Kielgast Kristensen – 3 other companies, of which 1 bankrupt

Address history (0 moves)

Klitrosevej 9, 9400 Nørresundby

Former names

Kielgast Kristensen ApS – now
Kielgast Kristensen IVS –

Similar companies in Aalborg

Questions and answers about Kielgast Kristensen ApS

Has Kielgast Kristensen ApS gone bankrupt?

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

What is the bankruptcy risk of Kielgast Kristensen 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 Kielgast Kristensen ApS?

Mads Bo Kielgast Kristensen is the CEO of Kielgast Kristensen ApS.

When was Kielgast Kristensen ApS founded?

Kielgast Kristensen ApS was founded on 23 November 2018.

What is the equity of Kielgast Kristensen ApS?

Equity was DKK 177k 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.