Total system ApS

CVR 41219688 · Private limited company (ApS) · Active · Medium risk

Total system ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 6 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (28 Feb 2026) shows equity of DKK 40k and a net result of DKK -22k. CEO: John Rexen.

Bankruptcy risk for Total system ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
41219688
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Industriholmen 80
2650 Hvidovre
Municipality
Hvidovre
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 6
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address43
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK -22kDKK -437k–
Net profitDKK -22kDKK -437kDKK -249k
EquityDKK 40kDKK 40kDKK 40k
Total assetsDKK 40kDKK 40kDKK 40k
CashDKK 40kDKK 40k–
Short-term debtDKK 0DKK 0–
Tax owed–DKK 0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Mar 2025 – 28 Feb 2026184 Late
1 Mar 2024 – 28 Feb 2025185 Late
1 Mar 2023 – 28 Feb 2024123
1 Mar 2022 – 28 Feb 2023185 Late
1 Mar 2021 – 28 Feb 2022122
2 Mar 2020 – 28 Feb 2021142

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
CEOJohn RexenCurrent
Owner (100%)John RexenCurrent
FounderJohn RexenCurrent

The CEOs' other companies

John Rexen – 3 other companies, of which 1 bankrupt

Address history (1 moves)

Industriholmen 80, 2650 Hvidovre
Naverland 4, 2600 Glostrup

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about Total system ApS

Has Total system ApS gone bankrupt?

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

What is the bankruptcy risk of Total system ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Total system ApS?

John Rexen is the CEO of Total system ApS.

When was Total system ApS founded?

Total system ApS was founded on 2 March 2020.

What is the equity of Total system ApS?

Equity was DKK 40k according to the annual report for the period ending 28 February 2026.

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