Heat2 APS

CVR 40899383 · Private limited company (ApS) · Active · Low risk

Heat2 APS is a Private limited company (ApS), founded on , based in Juelsminde. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 115k and a net result of DKK 60k. CEO: Keld Nørgaard Bach.

Bankruptcy risk for Heat2 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
40899383
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Keld Bach, Tømrervej 12
7130 Juelsminde
Municipality
Hedensted
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio72.9%
Current ratio369%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 137kDKK 95kDKK -159k
Net profitDKK 60kDKK 30kDKK -154k
EquityDKK 115kDKK 55kDKK 26k
Total assetsDKK 158kDKK 228kDKK 173k
CashDKK 137kDKK 122k–
Short-term debtDKK 43kDKK 172k–
Avg. employees22–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025143
1 Jan 2024 – 31 Dec 202447
1 Jan 2023 – 31 Dec 202375
1 Jan 2022 – 31 Dec 2022144
1 Jan 2021 – 31 Dec 202140
31 Oct 2019 – 31 Dec 202057

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
CEOKeld Nørgaard BachCurrent
Owner (50%)Poul Hedegaard AndersenCurrent
Owner (50%)KELD BACH HOLDING ApSCurrent
FounderPoul Hedegaard AndersenCurrent
FounderKELD BACH HOLDING ApSCurrent

The CEOs' other companies

Keld Nørgaard Bach – 3 other companies, of which 1 bankrupt

Address history (0 moves)

c/o Keld Bach, Tømrervej 12, 7130 Juelsminde

Other companies at the same address

Similar companies in Hedensted

Questions and answers about Heat2 APS

Has Heat2 APS gone bankrupt?

No, Heat2 APS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Heat2 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 Heat2 APS?

Keld Nørgaard Bach is the CEO of Heat2 APS.

When was Heat2 APS founded?

Heat2 APS was founded on 31 October 2019.

What is the equity of Heat2 APS?

Equity was DKK 115k 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.