Baltinor ApS

CVR 42817872 · Private limited company (ApS) · Active · Medium risk

Baltinor ApS is a Private limited company (ApS), founded on , based in Esbjerg V. The company is registered in the industry anden teknisk rådgivning. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 4 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 4,043 and a net result of DKK -30k. CEO: Lars Martin Eskildsen Karlsen.

Bankruptcy risk for Baltinor ApS

1.9%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
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×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Equity ratio20%–40% · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
42817872
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Snerlevej 39
6710 Esbjerg V
Municipality
Esbjerg
Industry
Anden teknisk rådgivning (711290)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityNo
Equity ratio28.0%
Current ratio14%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue––DKK 0
Gross profitDKK 0DKK -40kDKK -36k
Net profitDKK -30kDKK -70kDKK -52k
EquityDKK 4,043DKK 45kDKK 114k
Total assetsDKK 14kDKK 60kDKK 138k
CashDKK 1,444DKK 1,443–
Short-term debtDKK 10kDKK 16k–
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 2025190 Late
1 Jan 2024 – 31 Dec 202470
1 Jan 2023 – 31 Dec 202374
4 Nov 2021 – 31 Dec 2022314 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
CEOLars Martin Eskildsen KarlsenCurrent
CEOLars Martin Eskildsen Karlsen
Owner (100%)Lars Martin Eskildsen KarlsenCurrent
FounderLars Martin Eskildsen KarlsenCurrent

The CEOs' other companies

Lars Martin Eskildsen Karlsen – 2 other companies

Address history (1 moves)

Snerlevej 39, 6710 Esbjerg V
Osmark 1B, 6400 Sønderborg

Similar companies in Esbjerg

Questions and answers about Baltinor ApS

Has Baltinor ApS gone bankrupt?

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

What is the bankruptcy risk of Baltinor ApS?

Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of Baltinor ApS?

Lars Martin Eskildsen Karlsen is the CEO of Baltinor ApS.

When was Baltinor ApS founded?

Baltinor ApS was founded on 4 November 2021.

What is the equity of Baltinor ApS?

Equity was DKK 4,043 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.