CITO ApS

CVR 41043040 · Private limited company (ApS) · Active · High risk

CITO ApS is a Private limited company (ApS), founded on , based in Randers SV. The company is registered in the industry udlejning og leasing af andet materiel, udstyr og andre materielle aktiver, bortset fra til events. Our model estimates a bankruptcy risk of 3.0% over the next 12 months, which is 2.1 times the average for Danish companies. 5 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 10.2m and a net result of DKK 65k. CEO: Godfried Franciscus Helena Collé.

Bankruptcy risk for CITO ApS

3.0%
probability of bankruptcy within 12 months
High risk

2.1 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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
41043040
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Engelsholmvej 7
8940 Randers SV
Municipality
Randers
Industry
Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver, bortset fra til events (773990)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 702k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio36.0%
Current ratio237%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 15.4mDKK 20.0m
Net profitDKK 65kDKK 90k
EquityDKK 10.2mDKK 7.8m
Total assetsDKK 28.5mDKK 34.2m
CashDKK 7.5m–
Short-term debtDKK 4.9m–
Avg. employees17–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · BDO Statsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025116
1 Jul 2023 – 30 Jun 2024173
1 Jul 2022 – 30 Jun 2023175
1 Jul 2021 – 30 Jun 2022127
1 Jan 2020 – 30 Jun 2021145

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
CEOGodfried Franciscus Helena ColléCurrent
CEOMorten Lindholt
CEOAnders Skytte
BoardMorten Lindholt
BoardMichael Reedtz Sparrevohn
BoardMette Karen Lindholt Laursen
BoardAnders Skytte
BoardLars Ib
Owner (100%)Collé Sittard Beheer B.V.Current
Owner (100%)C G HOLDING A/S
Owner (33%)C G HOLDING A/S
Owner (50%)Gardit A/S
Owner (100%)C G HOLDING A/S
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderC G HOLDING A/SCurrent

The CEOs' other companies

Morten Lindholt – 29 other companies

Anders Skytte – 8 other companies

Address history (3 moves)

Engelsholmvej 7, 8940 Randers SV
Krogsgårdsvej 6, 8620 Kjellerup
Spangsbjerg Høje 3, 8800 Viborg
Krogsgårdsvej 6, 8620 Kjellerup

Former names

CITO ApS – now
CITO A/S –
CITO ApS –
Selskabet af 1. januar 2020 ApS –

Similar companies in Randers

Questions and answers about CITO ApS

Has CITO ApS gone bankrupt?

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

What is the bankruptcy risk of CITO ApS?

Our model estimates a bankruptcy risk of 3.0% over the next 12 months (high risk), which is 2.1 times the average for Danish companies.

Who is the CEO of CITO ApS?

Godfried Franciscus Helena Collé is the CEO of CITO ApS.

Who is the auditor of CITO ApS?

CITO ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was CITO ApS founded?

CITO ApS was founded on 1 January 2020.

What is the equity of CITO ApS?

Equity was DKK 10.2m according to the annual report for the period ending 30 June 2025.

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