TRACK ApS

CVR 40961143 · Private limited company (ApS) · Active · Medium risk

TRACK ApS is a Private limited company (ApS), founded on , based in Ølgod. The company is registered in the industry fremstilling af andre maskiner til specielle formål i.a.n.. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 6 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Mar 2026) shows equity of DKK 50k and a net result of DKK -116k. CEO: Karsten Egelund Andersen.

Bankruptcy risk for TRACK ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

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×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
40961143
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Energivej 28
6870 Ølgod
Municipality
Varde
Industry
Fremstilling af andre maskiner til specielle formål i.a.n. (289900)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityNo
Equity ratio7.3%
Current ratio108%
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 year202620252024
Gross profitDKK 353kDKK 1.2mDKK 338k
Net profitDKK -116kDKK 1,372DKK -496k
EquityDKK 50kDKK -1.1mDKK -1.1m
Total assetsDKK 686kDKK 718kDKK 420k
Short-term debtDKK 636kDKK 1.7m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026180
1 Apr 2024 – 31 Mar 2025192 Late
1 Jan 2023 – 31 Mar 202488
1 Jan 2022 – 31 Dec 2022183
1 Jan 2021 – 31 Dec 202155
15 Nov 2019 – 31 Dec 202023

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
CEOKarsten Egelund AndersenCurrent
Owner (100%)KLM Holding 2022 ApSCurrent
Owner (100%)CAND ALT HOLDING ApS
Owner (50%)MLF Holding 2022 ApS
Owner (50%)KLM Holding 2022 ApS
FounderCAND ALT HOLDING ApSCurrent

The CEOs' other companies

Karsten Egelund Andersen – 5 other companies

Address history (1 moves)

Energivej 28, 6870 Ølgod
Mejlvangvænget 8, 6870 Ølgod

Other companies at the same address

Similar companies in Varde

Questions and answers about TRACK ApS

Has TRACK ApS gone bankrupt?

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

What is the bankruptcy risk of TRACK ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of TRACK ApS?

Karsten Egelund Andersen is the CEO of TRACK ApS.

Who is the auditor of TRACK ApS?

TRACK ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was TRACK ApS founded?

TRACK ApS was founded on 15 November 2019.

What is the equity of TRACK ApS?

Equity was DKK 50k according to the annual report for the period ending 31 March 2026.

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