Solselskabet ApS

CVR 43598767 · Private limited company (ApS) · Active · Medium risk

Solselskabet ApS is a Private limited company (ApS), founded on , based in Egtved. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 472k and a net result of DKK -252k. CEO: Simon Sand Nielsen.

Bankruptcy risk for Solselskabet ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%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×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
43598767
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Brudesøvej 1
6040 Egtved
Municipality
Vejle
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
K.T. Revision
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio73.8%
Current ratio382%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 257kDKK 933kDKK 890k
Net profitDKK -252kDKK 430kDKK 555k
EquityDKK 472kDKK 845kDKK 595k
Total assetsDKK 640kDKK 1.2mDKK 1.7m
CashDKK 37kDKK 1.1m–
Short-term debtDKK 168kDKK 327k–
Tax owedDKK 0DKK 125k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · K.T. Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025112
1 Jan 2024 – 31 Dec 2024147
24 Oct 2022 – 31 Dec 2023162

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
CEOSimon Sand NielsenCurrent
BoardDaniel FaurholtCurrent
BoardSimon Sand NielsenCurrent
BoardSøren Buchreitz
BoardChristian Ringsted Møller Mulbjerg
Owner (50%)DANIEL FAURHOLT HOLDING ApSCurrent
Owner (50%)Sand Solutions ApSCurrent
Owner (15%)BUCHREITZ INVEST ApS
Owner (33%)DANIEL FAURHOLT HOLDING ApS
Owner (15%)JC-Group APS
Owner (33%)Sand Solutions ApS
FounderBUCHREITZ INVEST ApSCurrent
FounderDANIEL FAURHOLT HOLDING ApSCurrent
FounderJC-Group APSCurrent
FounderSand Solutions ApSCurrent

The CEOs' other companies

Simon Sand Nielsen – 4 other companies

Address history (3 moves)

Brudesøvej 1, 6040 Egtved
Jupitervej 3, 6000 Kolding
Fjordvej 7, 6000 Kolding
Fjordvej 5, 6000 Kolding

Other companies at the same address

Similar companies in Vejle

Questions and answers about Solselskabet ApS

Has Solselskabet ApS gone bankrupt?

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

What is the bankruptcy risk of Solselskabet ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of Solselskabet ApS?

Simon Sand Nielsen is the CEO of Solselskabet ApS.

Who is the auditor of Solselskabet ApS?

Solselskabet ApS most recently used K.T. Revision.

When was Solselskabet ApS founded?

Solselskabet ApS was founded on 24 October 2022.

What is the equity of Solselskabet ApS?

Equity was DKK 472k 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.