Kitron India ApS

CVR 42887609 · Private limited company (ApS) · Active · Medium risk

Kitron India ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 4 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -40k and a net result of DKK -25k. CEO: Jimi Klitholm Sandgreen.

Bankruptcy risk for Kitron India ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Number of auditors (historical)2 · 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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Has a boardYes · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
42887609
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o BB ELECTRONICS A/S, Ane Staunings Vej 21C
8700 Horsens
Municipality
Horsens
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-140.7%
Current ratio40%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -32kDKK -36kDKK -32k
Net profitDKK -25kDKK -29kDKK -25k
EquityDKK -40kDKK -15kDKK 14k
Total assetsDKK 28kDKK 21kDKK 14k
CashDKK 5,054DKK 4,965–
Short-term debtDKK 68kDKK 36k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023182
26 Nov 2021 – 31 Dec 2022187 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
CEOJimi Klitholm SandgreenCurrent
CEOHenrik Skovsby
CEOXiangyu Deng
BoardHans Petter ThomassenCurrent
BoardCarsten Juul Christensen
BoardHenrik Skovsby
BoardXiangyu Deng
Owner (100%)Kitron A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderKitron A/SCurrent

The CEOs' other companies

Henrik Skovsby – 57 other companies

Xiangyu Deng – 1 other companies

Address history (0 moves)

c/o BB ELECTRONICS A/S, Ane Staunings Vej 21C, 8700 Horsens

Former names

Kitron India ApS – now
BB TCBB ApS –

Other companies at the same address

Similar companies in Horsens

Questions and answers about Kitron India ApS

Has Kitron India ApS gone bankrupt?

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

What is the bankruptcy risk of Kitron India 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 Kitron India ApS?

Jimi Klitholm Sandgreen is the CEO of Kitron India ApS.

Who is the auditor of Kitron India ApS?

Kitron India ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Kitron India ApS founded?

Kitron India ApS was founded on 26 November 2021.

What is the equity of Kitron India ApS?

Equity was DKK -40k 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.