Ithelco Holding ApS

CVR 40812067 · Private limited company (ApS) · Active · Low risk

Ithelco Holding ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 6 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 269k and a net result of DKK -175k. CEO: Thomas Elkjær.

Bankruptcy risk for Ithelco Holding 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

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
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×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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
40812067
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Thomas Elkjær, Artillerivej 154, 2. th
2300 København S
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Toft Revision Registreret Revisionsfirma
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityNo
Equity ratio98.2%
Current ratio1,553%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -11kDKK -6,725DKK -6,726
Net profitDKK -175kDKK 297kDKK -136k
EquityDKK 269kDKK 512kDKK 215k
Total assetsDKK 274kDKK 517kDKK 246k
CashDKK 5,474DKK 33k–
Short-term debtDKK 5,000DKK 5,000–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Toft Revision Registreret Revisionsfirma.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025138
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021186 Late
25 Sep 2019 – 31 Dec 2020222 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
CEOThomas ElkjærCurrent
Owner (100%)Thomas ElkjærCurrent
FounderThomas ElkjærCurrent

The CEOs' other companies

Thomas Elkjær – 1 other companies

Address history (1 moves)

c/o Thomas Elkjær, Artillerivej 154, 2. th, 2300 København S
Snorresgade 2, 1. th, 2300 København S

Other companies at the same address

Similar companies in København

Questions and answers about Ithelco Holding ApS

Has Ithelco Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Ithelco Holding 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 Ithelco Holding ApS?

Thomas Elkjær is the CEO of Ithelco Holding ApS.

Who is the auditor of Ithelco Holding ApS?

Ithelco Holding ApS most recently used Toft Revision Registreret Revisionsfirma.

When was Ithelco Holding ApS founded?

Ithelco Holding ApS was founded on 25 September 2019.

What is the equity of Ithelco Holding ApS?

Equity was DKK 269k 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.