Projektselskabet B10-18 ApS

CVR 41639695 · Private limited company (ApS) · Active · Low risk

Projektselskabet B10-18 ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry gennemførelse af byggeprojekter. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -1.2m and a net result of DKK -1.1m. CEO: Brian Langvad.

Bankruptcy risk for Projektselskabet B10-18 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

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · 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×
Industry changes1 · bankruptcy rate 6.5%0.74×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
41639695
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Hybel Midt A/S, Rosenkrantzvej 2
8700 Horsens
Municipality
Horsens
Industry
Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Anlæg af ledningsnet til væsker
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-3.6%
Current ratio97%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address121
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 10kDKK -19k
Net profitDKK -1.1mDKK -134k
EquityDKK -1.2mDKK -92k
Total assetsDKK 34.0mDKK 41.5m
CashDKK 0–
Short-term debtDKK 35.2m–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025133
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 2022184 Late
28 Aug 2020 – 31 Dec 2021164

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
CEOBrian LangvadCurrent
CEOMichael Antitsch Mortensen
Owner (100%)Hybel Midt A/SCurrent
FounderHybel Midt A/SCurrent

The CEOs' other companies

Brian Langvad – 40 other companies

Michael Antitsch Mortensen – 53 other companies, of which 3 bankrupt

Address history (2 moves)

c/o Hybel Midt A/S, Rosenkrantzvej 2, 8700 Horsens
c/o Hybel Midt A/S, Rosenkrantzvej 2, 8700 Horsens
c/o Hybel Midt A/S, Ove Jensens Alle 35, 8700 Horsens

Other companies at the same address

Similar companies in Horsens

Questions and answers about Projektselskabet B10-18 ApS

Has Projektselskabet B10-18 ApS gone bankrupt?

No, Projektselskabet B10-18 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Projektselskabet B10-18 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.

Who is the CEO of Projektselskabet B10-18 ApS?

Brian Langvad is the CEO of Projektselskabet B10-18 ApS.

When was Projektselskabet B10-18 ApS founded?

Projektselskabet B10-18 ApS was founded on 28 August 2020.

What is the equity of Projektselskabet B10-18 ApS?

Equity was DKK -1.2m 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.