GleTek ApS

CVR 43497952 · Private limited company (ApS) · Active · Low risk

GleTek ApS is a Private limited company (ApS), founded on , based in Glamsbjerg. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 4 annual reports have been published. The latest annual report (30 Jun 2026) shows equity of DKK 133k and a net result of DKK 11k. CEO: Glenn Solevad.

Bankruptcy risk for GleTek ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
43497952
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Teglværksvej 16
5620 Glamsbjerg
Municipality
Assens
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Baker Tilly Denmark
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio77.5%
Current ratio445%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 14kDKK 23kDKK 63k
Net profitDKK 11kDKK 18kDKK 48k
EquityDKK 133kDKK 123kDKK 105k
Total assetsDKK 172kDKK 157kDKK 137k
CashDKK 153kDKK 157k–
Short-term debtDKK 39kDKK 34k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202699
1 Jul 2024 – 30 Jun 2025142
1 Jul 2023 – 30 Jun 202467
8 Sep 2022 – 30 Jun 2023146

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
CEOGlenn SolevadCurrent
Owner (100%)GLENN SOLEVAD HOLDING ApSCurrent
FounderGLENN SOLEVAD HOLDING ApSCurrent

The CEOs' other companies

Glenn Solevad – 2 other companies

Address history (0 moves)

Teglværksvej 16, 5620 Glamsbjerg

Other companies at the same address

Similar companies in Assens

Questions and answers about GleTek ApS

Has GleTek ApS gone bankrupt?

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

What is the bankruptcy risk of GleTek ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of GleTek ApS?

Glenn Solevad is the CEO of GleTek ApS.

Who is the auditor of GleTek ApS?

GleTek ApS most recently used Baker Tilly Denmark.

When was GleTek ApS founded?

GleTek ApS was founded on 8 September 2022.

What is the equity of GleTek ApS?

Equity was DKK 133k according to the annual report for the period ending 30 June 2026.

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