Elvo 1923 ApS

CVR 40311637 · Private limited company (ApS) · Active · Low risk

Elvo 1923 ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry fremstilling af bølgepap, pap og emballage af papir og pap. Our model estimates a bankruptcy risk of 1.1% over the next 12 months, which is 0.8 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 (31 Dec 2025) shows equity of DKK -274k and a net result of DKK -223k.

Bankruptcy risk for Elvo 1923 ApS

1.1%
probability of bankruptcy within 12 months
Low risk

0.8 × the average (1.41%) · higher risk than 74% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Capital changes1 · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
CEOs in total (historical)4 · bankruptcy rate 7.1%0.81×

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
40311637
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Sturlasgade 14
2300 København S
Municipality
København
Industry
Fremstilling af bølgepap, pap og emballage af papir og pap (172100)
Bankruptcies in the industry: Fremstilling af bølgepap og pap og emballage af papir og pap
Share capital
DKK 83k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-42.9%
Current ratio86%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address45
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 231kDKK 454kDKK 467k
Net profitDKK -223kDKK -151kDKK -181k
EquityDKK -274kDKK -50kDKK 101k
Total assetsDKK 638kDKK 540kDKK 517k
CashDKK 92kDKK 50k–
Short-term debtDKK 684kDKK 392k–
Avg. employees02–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025163
1 Jan 2024 – 31 Dec 2024189 Late
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022167
1 Jan 2021 – 31 Dec 2021173
1 Jan 2020 – 31 Dec 2020153
4 Mar 2019 – 31 Dec 2019190 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
CEOLasse Schytter
CEOKim Thorleif Dolva
CEOCamilla Lahrmann Christensen
CEOJacob Kampp Berliner
BoardMichael Tanggård SørensenCurrent
BoardKim Thorleif Dolva
BoardLasse Schytter
BoardSøren Bech Jespersen
BoardKim Thorleif Dolva
BoardPhilip Lotko Wormslev
BoardJacob Kampp Berliner
BoardMichael Tanggård Sørensen
BoardCamilla Lahrmann Christensen
BoardPeter Steffensen
Owner (50%)Mis ApSCurrent
Owner (100%)KØBENHAVNS MØBELSNEDKERI ApS
Owner (25%)BUGGERS HOLDING ApS
Owner (25%)LOTKO HOLDING ApS
Owner (50%)KØBENHAVNS MØBELSNEDKERI ApS
Owner (50%)BUGGERS HOLDING ApS
Owner (25%)BUGGERS HOLDING ApS
Owner (25%)KØBENHAVNS MØBELSNEDKERI ApS
Owner (20%)Mis ApS
Owner (20%)TEWC Holding ApS
Owner (20%)J S Agency ApS
Owner (33%)Mis ApS
FounderKØBENHAVNS MØBELSNEDKERI ApSCurrent

The CEOs' other companies

Lasse Schytter – 2 other companies

Kim Thorleif Dolva – 5 other companies

Camilla Lahrmann Christensen – 1 other companies

Jacob Kampp Berliner – 19 other companies, of which 1 bankrupt

Address history (0 moves)

Sturlasgade 14, 2300 København S

Other companies at the same address

Similar companies in København

Questions and answers about Elvo 1923 ApS

Has Elvo 1923 ApS gone bankrupt?

No, Elvo 1923 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Elvo 1923 ApS?

Our model estimates a bankruptcy risk of 1.1% over the next 12 months (low risk), which is 0.8 times the average for Danish companies.

When was Elvo 1923 ApS founded?

Elvo 1923 ApS was founded on 4 March 2019.

What is the equity of Elvo 1923 ApS?

Equity was DKK -274k 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.