System HT ApS

CVR 40950079 · Private limited company (ApS) · Active · Low risk

System HT ApS is a Private limited company (ApS), founded on , based in Juelsminde. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 6 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 259k and a net result of DKK 119k. CEO: Henrik Thorstein.

Bankruptcy risk for System HT ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
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

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×

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
40950079
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Strandengen 68
7130 Juelsminde
Municipality
Hedensted
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Revision Horsens registreret revisionsvirksomhed
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio78.2%
Current ratio856%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 154k–
Net profitDKK 119k–
EquityDKK 259k–
Total assetsDKK 331k–
CashDKK 273k–
Short-term debtDKK 39k–
Tax owedDKK 9,856–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision Horsens registreret revisionsvirksomhed.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025178
1 Oct 2023 – 30 Sep 2024176
1 Oct 2022 – 30 Sep 2023130
1 Oct 2021 – 30 Sep 2022103
1 Oct 2020 – 30 Sep 2021111
21 Nov 2019 – 30 Sep 2020124

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
CEOHenrik ThorsteinCurrent
Owner (100%)THORSTEIN HOLDING AF 2012 ApSCurrent
FounderTHORSTEIN HOLDING AF 2012 ApSCurrent

The CEOs' other companies

Henrik Thorstein – 6 other companies, of which 2 bankrupt

Address history (0 moves)

Strandengen 68, 7130 Juelsminde

Other companies at the same address

Similar companies in Hedensted

Questions and answers about System HT ApS

Has System HT ApS gone bankrupt?

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

What is the bankruptcy risk of System HT ApS?

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

Who is the CEO of System HT ApS?

Henrik Thorstein is the CEO of System HT ApS.

Who is the auditor of System HT ApS?

System HT ApS most recently used Revision Horsens registreret revisionsvirksomhed.

When was System HT ApS founded?

System HT ApS was founded on 21 November 2019.

What is the equity of System HT ApS?

Equity was DKK 259k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.