Balder FKVT Udvikling ApS

CVR 40085211 · Private limited company (ApS) · Active · Low risk

Balder FKVT Udvikling ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -28.4m and a net result of DKK -7.3m. CEO: Kjell Erik Torne Selin, Flemming Joseph Jensen, Christina Holberg Fenger, Jesper Bahn Damgaard, Hannah Maria Østergaard.

Bankruptcy risk for Balder FKVT Udvikling ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
CEO's other companies30+ · bankruptcy rate 4.3%0.48×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
40085211
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Vesterbrogade 1E, 5.
1620 København V
Municipality
København
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 50k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-12.4%
Current ratio406%
Moves (last 2 years)0
CEO changes in total13
CEO's previous bankruptcies12
Other companies at the address79
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -2.3mDKK -2.1mDKK -1.2m
Net profitDKK -7.3mDKK -9.5mDKK -9.5m
EquityDKK -28.4mDKK -21.2mDKK -11.7m
Total assetsDKK 230.1mDKK 223.3mDKK 220.6m
CashDKK 442kDKK 968k–
Short-term debtDKK 705kDKK 480k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025104
1 Jan 2024 – 31 Dec 202494
1 Jan 2023 – 31 Dec 2023145
1 Jan 2022 – 31 Dec 2022121
1 Jan 2021 – 31 Dec 2021122
1 Jan 2020 – 31 Dec 2020148
11 Dec 2018 – 31 Dec 2019122

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
CEOKjell Erik Torne SelinCurrent
CEOFlemming Joseph JensenCurrent
CEOChristina Holberg FengerCurrent
CEOJesper Bahn DamgaardCurrent
CEOHannah Maria ØstergaardCurrent
CEORené Lindegaard Klint Olsen
CEOLennart Magnus Andersson
CEOLars Magnus Staffan Björndal
CEOMarcus Johan Lennart Hansson
CEOJacob Hovmøller Christensen
CEORené Lindegaard Klint Olsen
CEOEva Andrea Sigurgeirsdottir
Owner (100%)BALDER DANMARK A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderBALDER DANMARK A/SCurrent

The CEOs' other companies

Flemming Joseph Jensen – 52 other companies, of which 26 bankrupt

Christina Holberg Fenger – 55 other companies, of which 1 bankrupt

Jesper Bahn Damgaard – 59 other companies, of which 2 bankrupt

Hannah Maria Østergaard – 42 other companies

René Lindegaard Klint Olsen – 49 other companies

Jacob Hovmøller Christensen – 21 other companies

Address history (0 moves)

Vesterbrogade 1E, 5., 1620 København V

Former names

Balder FKVT Udvikling ApS – now
Balder Engvej ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Balder FKVT Udvikling ApS

Has Balder FKVT Udvikling ApS gone bankrupt?

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

What is the bankruptcy risk of Balder FKVT Udvikling 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 Balder FKVT Udvikling ApS?

Kjell Erik Torne Selin, Flemming Joseph Jensen, Christina Holberg Fenger, Jesper Bahn Damgaard, Hannah Maria Østergaard are the CEOs of Balder FKVT Udvikling ApS.

Who is the auditor of Balder FKVT Udvikling ApS?

Balder FKVT Udvikling ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Balder FKVT Udvikling ApS founded?

Balder FKVT Udvikling ApS was founded on 11 December 2018.

What is the equity of Balder FKVT Udvikling ApS?

Equity was DKK -28.4m 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.