Balnab ApS

CVR 41893311 · Private limited company (ApS) · Active · Low risk

Balnab ApS is a Private limited company (ApS), founded on , based in Frederiksberg C. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 387k and a net result of DKK -11k. CEO: Michael Østerlund Madsen.

Bankruptcy risk for Balnab ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Registered owners4+ · bankruptcy rate 5.7%0.65×

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
41893311
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Michael Østerlund Madsen, Frederiksberg Alle 66, 1.
1820 Frederiksberg C
Municipality
Frederiksberg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 77k
Auditor
Deloitte Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio98.0%
Current ratio243%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -11kDKK -6,250
Net profitDKK -11kDKK -6,250
EquityDKK 387kDKK 398k
Total assetsDKK 395kDKK 404k
CashDKK 19k–
Short-term debtDKK 7,813–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202530
1 Jan 2024 – 31 Dec 2024101
1 Jan 2023 – 31 Dec 2023162
1 Jan 2022 – 31 Dec 2022137
25 Nov 2020 – 31 Dec 2021165

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
CEOMichael Østerlund MadsenCurrent
BoardKlaus JuhlCurrent
BoardKarsten LundgaardCurrent
BoardAnders Flensborg DahlCurrent
BoardMalene Enø LarsenCurrent
BoardDavid MygindCurrent
BoardMichael Schwenningsen
Owner (20%)KLAUS JUHL ApSCurrent
Owner (20%)FLENSBORG INVEST ApSCurrent
Owner (20%)LKM Eno Invest ApSCurrent
Owner (10%)David MygindCurrent
Owner (25%)FEKLU ApSCurrent
Owner (20%)JUHLER HOLDING A/S
Owner (20%)FEKLU ApS
FounderØsterlund Madsen Holding ApSCurrent

The CEOs' other companies

Michael Østerlund Madsen – 26 other companies, of which 4 bankrupt

Address history (1 moves)

c/o Michael Østerlund Madsen, Frederiksberg Alle 66, 1., 1820 Frederiksberg C
c/o Michael Østerlund Madsen, Solvænget 14, 2960 Rungsted Kyst

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about Balnab ApS

Has Balnab ApS gone bankrupt?

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

What is the bankruptcy risk of Balnab ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Balnab ApS?

Michael Østerlund Madsen is the CEO of Balnab ApS.

Who is the auditor of Balnab ApS?

Balnab ApS most recently used Deloitte Statsautoriseret Revisionspartnerselskab.

When was Balnab ApS founded?

Balnab ApS was founded on 25 November 2020.

What is the equity of Balnab ApS?

Equity was DKK 387k 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.