Gelt El ApS

CVR 41986417 · Private limited company (ApS) · Active · Low risk

Gelt El ApS is a Private limited company (ApS), founded on , based in Dragør. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 4 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 1.6m and a net result of DKK 898k. CEO: Morten Martin Gelt, Patrick Redsted Pedersen.

Bankruptcy risk for Gelt El ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Website registeredYes · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · 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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
41986417
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Morten Gelt, Poppelvej 133A
2791 Dragør
Municipality
Dragør
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
PIASTER REVISORERNE, GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio48.2%
Current ratio203%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 4.9mDKK 4.0m
Net profitDKK 898kDKK 368k
EquityDKK 1.6mDKK 1.3m
Total assetsDKK 3.2mDKK 2.1m
CashDKK 1.1m–
Short-term debtDKK 1.5m–
Tax owedDKK 0–
Avg. employees12–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 202598
1 Jul 2023 – 30 Jun 2024106
1 Jul 2022 – 30 Jun 2023155
1 Jan 2021 – 30 Jun 2022120

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
CEOMorten Martin GeltCurrent
CEOPatrick Redsted PedersenCurrent
Owner (50%)Redsted Holding ApSCurrent
Owner (50%)Gelt Holding ApSCurrent
AuditorPIASTER REVISORERNE, GODKENDT REVISIONSAKTIESELSKABCurrent
FounderRedsted Holding ApSCurrent
FounderGelt Holding ApSCurrent

The CEOs' other companies

Morten Martin Gelt – 1 other companies

Address history (2 moves)

c/o Morten Gelt, Poppelvej 133A, 2791 Dragør
c/o Morten Gelt, Islands Brygge 81A, 4. th, 2300 København S
Æginavej 23, 2300 København S

Other companies at the same address

Similar companies in Dragør

Questions and answers about Gelt El ApS

Has Gelt El ApS gone bankrupt?

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

What is the bankruptcy risk of Gelt El ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Gelt El ApS?

Morten Martin Gelt, Patrick Redsted Pedersen are the CEOs of Gelt El ApS.

Who is the auditor of Gelt El ApS?

Gelt El ApS most recently used PIASTER REVISORERNE, GODKENDT REVISIONSAKTIESELSKAB.

When was Gelt El ApS founded?

Gelt El ApS was founded on 1 January 2021.

What is the equity of Gelt El ApS?

Equity was DKK 1.6m 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.