ELG Byg ApS

CVR 40391568 · Private limited company (ApS) · Active · Low risk

ELG Byg ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry andre specialiserede byggeaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 71k and a net result of DKK -12k. CEO: Michael Kim Elg.

Bankruptcy risk for ELG Byg ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
40391568
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Holmbladsgade 103, st. tv
2300 København S
Municipality
København
Industry
Andre specialiserede byggeaktiviteter i.a.n. (439900)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio52.1%
Current ratio209%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 225kDKK 555k
Net profitDKK -12kDKK 12k
EquityDKK 71kDKK 83k
Total assetsDKK 137kDKK 282k
CashDKK 80k–
Short-term debtDKK 66k–
Tax owedDKK 0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025160
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023170
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 202138
1 Jan 2020 – 31 Dec 2020110
25 Mar 2019 – 31 Dec 2019135

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
CEOMichael Kim ElgCurrent
Owner (100%)Michael Elg holding ApSCurrent
FounderMichael Elg holding ApSCurrent

The CEOs' other companies

Michael Kim Elg – 2 other companies

Address history (0 moves)

Holmbladsgade 103, st. tv, 2300 København S

Other companies at the same address

Similar companies in København

Questions and answers about ELG Byg ApS

Has ELG Byg ApS gone bankrupt?

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

What is the bankruptcy risk of ELG Byg ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of ELG Byg ApS?

Michael Kim Elg is the CEO of ELG Byg ApS.

When was ELG Byg ApS founded?

ELG Byg ApS was founded on 25 March 2019.

What is the equity of ELG Byg ApS?

Equity was DKK 71k 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.