Universal Tracking Systems ApS

CVR 41207248 · Private limited company (ApS) · Active · Low risk

Universal Tracking Systems ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 5 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 6,923 and a net result of DKK -23k.

Bankruptcy risk for Universal Tracking Systems ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
41207248
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Oluf Borchs Vej 25
9000 Aalborg
Municipality
Aalborg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityNo
Equity ratio16.2%
Current ratio119%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 63k––
Gross profitDKK -23kDKK -2,853DKK -34k
Net profitDKK -23kDKK -4,171DKK -34k
EquityDKK 6,923DKK 31kDKK 35k
Total assetsDKK 43kDKK 42kDKK 44k
CashDKK 9,199DKK 12k–
Short-term debtDKK 36kDKK 12k–
Tax owedDKK 528DKK 528–
Avg. employees10–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025182
1 Jul 2023 – 30 Jun 2024184 Late
1 Jul 2022 – 30 Jun 2023182
1 Jul 2021 – 30 Jun 2022200 Late
27 Feb 2020 – 30 Jun 2021162

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
CEOThomas Balling
Owner (15%)DURUP HOLDING ApSCurrent
Owner (67%)Nødbak Group ApSCurrent
Owner (33%)THOMAS BALLING HOLDING ApS
Owner (33%)Nødbak Group ApS
FounderTHOMAS BALLING HOLDING ApSCurrent
FounderDURUP HOLDING ApSCurrent
FounderNødbak Group ApSCurrent

The CEOs' other companies

Thomas Balling – 8 other companies, of which 4 bankrupt

Address history (2 moves)

Oluf Borchs Vej 25, 9000 Aalborg
C.A. Olesens Gade 4, 9000 Aalborg
Fredrik Bajers Vej 300, 9220 Aalborg Øst

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Universal Tracking Systems ApS

Has Universal Tracking Systems ApS gone bankrupt?

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

What is the bankruptcy risk of Universal Tracking Systems ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

When was Universal Tracking Systems ApS founded?

Universal Tracking Systems ApS was founded on 27 February 2020.

What is the equity of Universal Tracking Systems ApS?

Equity was DKK 6,923 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.