INSTEC ApS

CVR 42924806 · Private limited company (ApS) · Active · Low risk

INSTEC ApS is a Private limited company (ApS), founded on , based in Brovst. The company is registered in the industry installation af isolering. 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 (31 Dec 2025) shows equity of DKK 490k and a net result of DKK 194k.

Bankruptcy risk for INSTEC 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

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
42924806
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Grønbækvej 18
9460 Brovst
Municipality
Jammerbugt
Industry
Installation af isolering (432300)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio51.7%
Current ratio208%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.7mDKK 1.5m
Net profitDKK 194kDKK 50k
EquityDKK 490kDKK 296k
Total assetsDKK 949kDKK 826k
CashDKK 212k–
Short-term debtDKK 353k–
Tax owedDKK 40k–
Avg. employees3–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025124
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 2022181

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
Owner (100%)Butler Kapital & Investering ApSCurrent
Owner (100%)Johnni Butler
FounderJohnni ButlerCurrent

Address history (0 moves)

Grønbækvej 18, 9460 Brovst

Other companies at the same address

Similar companies in Jammerbugt

Questions and answers about INSTEC ApS

Has INSTEC ApS gone bankrupt?

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

What is the bankruptcy risk of INSTEC 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.

When was INSTEC ApS founded?

INSTEC ApS was founded on 20 December 2021.

What is the equity of INSTEC ApS?

Equity was DKK 490k 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.