Vestergade 59 ApS

CVR 40962719 · Private limited company (ApS) · Active · Low risk

Vestergade 59 ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry anden udlejning af boliger. Our model estimates a bankruptcy risk of 0.0% 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 8.0m and a net result of DKK 1.2m. CEO: Steen Allan Heltzen.

Bankruptcy risk for Vestergade 59 ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% 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×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
40962719
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Domhusgaarden Ejendomsadministrati, Albanigade 44, 2.
5000 Odense C
Municipality
Odense
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Auditor
FER Fyns Erhvervsrevision
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio27.3%
Current ratio4%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address60
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.1mDKK 2.3mDKK 1.9m
Net profitDKK 1.2mDKK 1.4mDKK 1.1m
EquityDKK 8.0mDKK 6.8mDKK 5.4m
Total assetsDKK 29.5mDKK 29.6mDKK 29.5m
CashDKK 354kDKK 328k–
Short-term debtDKK 8.9mDKK 8.8m–
Tax owedDKK 116kDKK 143k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · FER Fyns Erhvervsrevision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025120
1 Jan 2024 – 31 Dec 202479
1 Jan 2023 – 31 Dec 2023117
1 Jan 2022 – 31 Dec 2022111
1 Jan 2021 – 31 Dec 2021130
1 Oct 2019 – 31 Dec 2020131

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
CEOSteen Allan HeltzenCurrent
Owner (10%)Ole AndersenCurrent
Owner (20%)CMAA-Holding ApSCurrent
Owner (10%)CPH-Holding Invest ApSCurrent
Owner (10%)APH-Holding Invest ApSCurrent
Owner (10%)JHE-Invest ApSCurrent
Owner (10%)Gillett Holding ApSCurrent
Owner (10%)T.K.H. Holding ApSCurrent
Owner (15%)MHW af 2019 Holding ApSCurrent
Owner (20%)Lars Bo Heltzen
Owner (20%)Steen Allan Heltzen
Owner (20%)Poul Christian Ernst Heltzen
Owner (20%)Anne-Birgitte Heltzen
Owner (20%)Annalise Storgaard Heltzen
Owner (5%)MHW af 2019 Holding ApS
Owner (5%)SHW af 2019 Holding ApS
Owner (5%)JHW af 2019 Holding ApS
FounderLars Bo HeltzenCurrent
FounderSteen Allan HeltzenCurrent
FounderPoul Christian Ernst HeltzenCurrent
FounderAnne-Birgitte HeltzenCurrent
FounderAnnalise Storgaard HeltzenCurrent

The CEOs' other companies

Steen Allan Heltzen – 8 other companies, of which 4 bankrupt

Address history (0 moves)

c/o Domhusgaarden Ejendomsadministrati, Albanigade 44, 2., 5000 Odense C

Other companies at the same address

Similar companies in Odense

Questions and answers about Vestergade 59 ApS

Has Vestergade 59 ApS gone bankrupt?

No, Vestergade 59 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Vestergade 59 ApS?

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

Who is the CEO of Vestergade 59 ApS?

Steen Allan Heltzen is the CEO of Vestergade 59 ApS.

Who is the auditor of Vestergade 59 ApS?

Vestergade 59 ApS most recently used FER Fyns Erhvervsrevision.

When was Vestergade 59 ApS founded?

Vestergade 59 ApS was founded on 11 November 2019.

What is the equity of Vestergade 59 ApS?

Equity was DKK 8.0m 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.