Electric Blue ApS

CVR 42296783 · Private limited company (ApS) · Active · Medium risk

Electric Blue ApS is a Private limited company (ApS), founded on , based in Marstal. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -10k and a net result of DKK 24k. CEO: Thomas Bay Estrup.

Bankruptcy risk for Electric Blue ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
42296783
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Skolevej 11
5960 Marstal
Municipality
Ærø
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 40k
Auditor
Kovsted &amp; Skovgård, Statsautoriseret revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-2.3%
Current ratio74%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 404kDKK 203kDKK -28k
Net profitDKK 24kDKK 196kDKK -219k
EquityDKK -10kDKK -34kDKK -230k
Total assetsDKK 460kDKK 18kDKK 4,675
CashDKK 243kDKK 926–
Short-term debtDKK 471kDKK 53k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Kovsted &amp; Skovgård, Statsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024161
1 Jan 2023 – 31 Dec 2023171
1 Jan 2022 – 31 Dec 2022177
10 Apr 2021 – 31 Dec 2021173

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 Bay EstrupCurrent
Owner (100%)House of Blue ApSCurrent
FounderHouse of Blue ApSCurrent

The CEOs' other companies

Thomas Bay Estrup – 1 other companies

Address history (2 moves)

Skolevej 11, 5960 Marstal
c/o Motorfabrikken, Havnegade 11, 5960 Marstal
c/o DTU Science Park, Diplomvej 381, 2800 Kongens Lyngby

Former names

Electric Blue ApS – now
Blue Innovators ApS –

Other companies at the same address

Similar companies in Ærø

Questions and answers about Electric Blue ApS

Has Electric Blue ApS gone bankrupt?

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

What is the bankruptcy risk of Electric Blue ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Electric Blue ApS?

Thomas Bay Estrup is the CEO of Electric Blue ApS.

Who is the auditor of Electric Blue ApS?

Electric Blue ApS most recently used Kovsted &amp; Skovgård, Statsautoriseret revisionspartnerselskab.

When was Electric Blue ApS founded?

Electric Blue ApS was founded on 10 April 2021.

What is the equity of Electric Blue ApS?

Equity was DKK -10k 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.