Kill-Switch Holding ApS

CVR 40387730 · Private limited company (ApS) · Active · Low risk

Kill-Switch Holding ApS is a Private limited company (ApS), founded on , based in Tølløse. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 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 -5.9m and a net result of DKK -16k. CEO: Morten Florin.

Bankruptcy risk for Kill-Switch Holding ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
40387730
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Ådalvej 36
4340 Tølløse
Municipality
Holbæk
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 60k
Auditor
Baker Tilly Denmark
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-19,600.8%
Current ratio1%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -16kDKK -6,925
Net profitDKK -16kDKK -6,718
EquityDKK -5.9mDKK -5.9m
Total assetsDKK 30kDKK 30k
Short-term debtDKK 6.0m–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025138
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022165
1 Jan 2021 – 31 Dec 2021177
1 Jan 2020 – 31 Dec 2020187 Late
25 Mar 2019 – 31 Dec 2019246 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
CEOMorten FlorinCurrent
CEOPeter Heide
CEOPiotr Pawel Hahn
Owner (100%)Fagerholm Holding ApSCurrent
Owner (33%)P. HAHN HOLDING ApS
Owner (33%)P. HEIDE HOLDING ApS
Owner (33%)Fagerholm Holding ApS
Owner (50%)Pipe Holding ApS
Owner (50%)Assay Project Development Limited
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderP. HAHN HOLDING ApSCurrent
FounderP. HEIDE HOLDING ApSCurrent
FounderFagerholm Holding ApSCurrent

The CEOs' other companies

Morten Florin – 5 other companies

Peter Heide – 10 other companies, of which 2 bankrupt

Piotr Pawel Hahn – 5 other companies

Address history (3 moves)

Ådalvej 36, 4340 Tølløse
Østerbrogade 226, st. 1, 2100 København Ø
c/o dba consult ApS, Rådhusstræde 1, 2., 1466 København K
Kirstinehøj 67, 2770 Kastrup

Other companies at the same address

Similar companies in Holbæk

Questions and answers about Kill-Switch Holding ApS

Has Kill-Switch Holding ApS gone bankrupt?

No, Kill-Switch Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Kill-Switch Holding ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Kill-Switch Holding ApS?

Morten Florin is the CEO of Kill-Switch Holding ApS.

Who is the auditor of Kill-Switch Holding ApS?

Kill-Switch Holding ApS most recently used Baker Tilly Denmark.

When was Kill-Switch Holding ApS founded?

Kill-Switch Holding ApS was founded on 25 March 2019.

What is the equity of Kill-Switch Holding ApS?

Equity was DKK -5.9m 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.