ITF MidCo ApS

CVR 42519081 · Private limited company (ApS) · Active · Low risk

ITF MidCo ApS is a Private limited company (ApS), founded on , based in Risskov. The company is registered in the industry administrations- og kontorserviceaktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 Mar 2026) shows equity of DKK 126.3m and a net result of DKK -6.1m. CEO: Mikael Elling.

Bankruptcy risk for ITF MidCo 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

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
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×
Negative equityNo · 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
42519081
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Sindalsvej 37
8240 Risskov
Municipality
Aarhus
Industry
Administrations- og kontorserviceaktiviteter (821000)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 1.1m
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityNo
Equity ratio53.3%
Current ratio50%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address22
Going-concern uncertaintyNo

Financials and key figures

Financial year20262025
Gross profitDKK -186kDKK -103k
Net profitDKK -6.1mDKK -2.9m
EquityDKK 126.3mDKK 132.4m
Total assetsDKK 237.0mDKK 256.6m
CashDKK 0–
Short-term debtDKK 14.0m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026149
1 Apr 2024 – 31 Mar 2025127
1 Apr 2023 – 31 Mar 2024122
1 Apr 2022 – 31 Mar 2023123
5 Jul 2021 – 31 Mar 2022186 Late

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
CEOMikael EllingCurrent
CEOBenjamin Kramarz
CEOJesper Skov Jørgensen
BoardDavid la Cour KjærumCurrent
BoardJohn Helmsøe-ZinckCurrent
BoardAnnette OttoCurrent
BoardJesper Hørsholt
BoardBenjamin Kramarz
BoardJesper Hørsholt
BoardBenjamin Kramarz
Owner (100%)ITF TopCo ApSCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderITF TopCo ApSCurrent

The CEOs' other companies

Mikael Elling – 9 other companies

Benjamin Kramarz – 43 other companies

Jesper Skov Jørgensen – 15 other companies, of which 2 bankrupt

Address history (1 moves)

Sindalsvej 37, 8240 Risskov
Strandvejen 58, 2900 Hellerup

Former names

ITF MidCo ApS – now
SQL MidCo ApS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about ITF MidCo ApS

Has ITF MidCo ApS gone bankrupt?

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

What is the bankruptcy risk of ITF MidCo 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 ITF MidCo ApS?

Mikael Elling is the CEO of ITF MidCo ApS.

Who is the auditor of ITF MidCo ApS?

ITF MidCo ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was ITF MidCo ApS founded?

ITF MidCo ApS was founded on 5 July 2021.

What is the equity of ITF MidCo ApS?

Equity was DKK 126.3m according to the annual report for the period ending 31 March 2026.

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