CitySystem A/S
CVR 43702920 · Public limited company (A/S) · Active · Medium risk
CitySystem A/S is a Public limited company (A/S), founded on , based in Helsinge. The company is registered in the industry opførelse af bygninger. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 625k and a net result of DKK 508k. CEO: Dennis Joachim Borge Nielsen.
Bankruptcy risk for CitySystem A/S
1.9 × the average (1.41%) · higher risk than 86% of active Danish companies
Increases the risk
Reduces the risk
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
- 43702920
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (3 years)
- Address
- Jernbæk Alle 36
3200 Helsinge - Municipality
- Gribskov
- Industry
- Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger - Share capital
- DKK 400k
- Auditor
- Beierholm
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 3 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 24.7% |
| Current ratio | 133% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 1 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 1.3m | DKK 360k | DKK -92k |
| Net profit | DKK 508k | DKK 23k | DKK -406k |
| Equity | DKK 625k | DKK 117k | DKK -6,301 |
| Total assets | DKK 2.5m | DKK 469k | DKK 256k |
| Cash | DKK 1.9m | DKK 330k | – |
| Short-term debt | DKK 1.9m | DKK 352k | – |
| Tax owed | DKK 39k | – | – |
| Avg. employees | 1 | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 51 | ||
| 1 Jan 2024 – 31 Dec 2024 | 45 | ||
| 13 Dec 2022 – 31 Dec 2023 | 180 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Dennis Joachim Borge Nielsen | Current | |
| CEO | John Philip Bertel | ||
| Board | Dennis Joachim Borge Nielsen | Current | |
| Board | Tatiana Sofia Borge Nielsen | Current | |
| Board | Jim Ojeda Jakobsen | Current | |
| Board | Dan Philip Bertel | ||
| Board | John Philip Bertel | ||
| Board | Christine Elisabeth Bertel | ||
| Owner (100%) | Borge Nielsen Holding ApS | Current | |
| Owner (50%) | AZENZA HOLDING ApS | ||
| Owner (50%) | Borge Nielsen Holding ApS | ||
| Founder | AZENZA HOLDING ApS | Current |
The CEOs' other companies
Dennis Joachim Borge Nielsen – 1 other companies
- Borge Nielsen Holding ApS Active
John Philip Bertel – 6 other companies, of which 3 bankrupt
- ELSKERDYR.DK ApS Bankrupt 11 Jun 2009
- Røjle Trapper & Stål ApS Bankrupt 20 Oct 2026
- TOAB MILJØ ApS Bankrupt 10 Oct 2002
- AZENZA HOLDING ApS Active
- BioBag Zenzo A/S Active
- ZENZO TOILETS ApS Active
Address history (1 moves)
| Jernbæk Alle 36, 3200 Helsinge | |
| c/o AZENZA Holding ApS, Hyttegårdsvej 19A, 3200 Helsinge |
Other companies at the same address
- Borge Nielsen Holding ApS Active
Similar companies in Gribskov
- Duch Byggeri ApS Græsted
- Esrum Group ApS Græsted
- Etcetera Entreprise ApS Tisvildeleje
- MM Nord ApS Helsinge
- Trivia Byg ApS Græsted
- Mh Bygningsentreprise ApS Gilleleje
- BOCS ApS Vejby
- T.R. Entreprise & Ejendomsservice ApS Græsted
- nor:houses A/S Græsted
- Jernbæk Alle 84-88 ApS Helsinge
- 2kcph ApS Vejby
- Høj Entreprise ApS Græsted
Questions and answers about CitySystem A/S
Has CitySystem A/S gone bankrupt?
No, CitySystem A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of CitySystem A/S?
Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.
Who is the CEO of CitySystem A/S?
Dennis Joachim Borge Nielsen is the CEO of CitySystem A/S.
Who is the auditor of CitySystem A/S?
CitySystem A/S most recently used Beierholm.
When was CitySystem A/S founded?
CitySystem A/S was founded on 13 December 2022.
What is the equity of CitySystem A/S?
Equity was DKK 625k 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.