Etno Byg ApS

CVR 43223909 · Private limited company (ApS) · Active · Very high risk

Etno Byg ApS is a Private limited company (ApS), founded on , based in Hillerød. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 34.3% over the next 12 months, which is 24.3 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 109k and a net result of DKK -1,532.

Bankruptcy risk for Etno Byg ApS

34.3%
probability of bankruptcy within 12 months
Very high risk

24.3 × the average (1.41%) · higher risk than 100% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
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×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Negative equityNo · bankruptcy rate 5.1%0.58×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
43223909
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Langesvej 24
3400 Hillerød
Municipality
Hillerød
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 4
Missing annual reportNo
Negative equityNo
Equity ratio17.5%
Current ratio121%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profit–DKK -59kDKK 417k
Net profitDKK -1,532DKK -101kDKK 25k
EquityDKK 109kDKK 110kDKK 99k
Total assetsDKK 623kDKK 693kDKK 823k
CashDKK 0DKK 78k–
Short-term debtDKK 514kDKK 582k–
Tax owed–DKK 0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025188 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023211 Late
24 Apr 2022 – 31 Dec 2022183

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
CEODragan Popovic
Owner (100%)Dragan PopovicCurrent
FounderDragan PopovicCurrent

The CEOs' other companies

Dragan Popovic – 2 other companies

Address history (0 moves)

Langesvej 24, 3400 Hillerød

Other companies at the same address

Similar companies in Hillerød

Questions and answers about Etno Byg ApS

Has Etno Byg ApS gone bankrupt?

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

What is the bankruptcy risk of Etno Byg ApS?

Our model estimates a bankruptcy risk of 34.3% over the next 12 months (very high risk), which is 24.3 times the average for Danish companies.

When was Etno Byg ApS founded?

Etno Byg ApS was founded on 24 April 2022.

What is the equity of Etno Byg ApS?

Equity was DKK 109k 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.