Bust Holding Renovering ApS

CVR 40438378 · Private limited company (ApS) · Active · Low risk

Bust Holding Renovering ApS is a Private limited company (ApS), founded on , based in Ringsted. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 7 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.3m and a net result of DKK 283k. CEO: Nicklas Bust Kronil, Michael Eskelund Bust.

Bankruptcy risk for Bust Holding Renovering ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
40438378
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Ringstedvej 632A
4100 Ringsted
Municipality
Køge
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 60k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio64.2%
Current ratio165%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -7,000DKK -7,001DKK -7,025
Net profitDKK 283kDKK 107kDKK 134k
EquityDKK 1.3mDKK 1.3mDKK 1.4m
Total assetsDKK 2.0mDKK 1.5mDKK 1.7m
CashDKK 342kDKK 74k–
Short-term debtDKK 714kDKK 191k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025179
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023114
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021201 Late
1 Jan 2020 – 31 Dec 2020145
27 Mar 2019 – 31 Dec 2019169

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
CEONicklas Bust KronilCurrent
CEOMichael Eskelund BustCurrent
Owner (50%)Nicklas Bust KronilCurrent
Owner (50%)Michael Eskelund BustCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorSELSKABET AF 16.08.2021 A/S
FounderNicklas Bust KronilCurrent
FounderMichael Eskelund BustCurrent

The CEOs' other companies

Nicklas Bust Kronil – 3 other companies

Michael Eskelund Bust – 2 other companies

Address history (0 moves)

Ringstedvej 632A, 4100 Ringsted

Other companies at the same address

Similar companies in Køge

Questions and answers about Bust Holding Renovering ApS

Has Bust Holding Renovering ApS gone bankrupt?

No, Bust Holding Renovering ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Bust Holding Renovering ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Bust Holding Renovering ApS?

Nicklas Bust Kronil, Michael Eskelund Bust are the CEOs of Bust Holding Renovering ApS.

Who is the auditor of Bust Holding Renovering ApS?

Bust Holding Renovering ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Bust Holding Renovering ApS founded?

Bust Holding Renovering ApS was founded on 27 March 2019.

What is the equity of Bust Holding Renovering ApS?

Equity was DKK 1.3m 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.