Bay Adelsted Holding ApS

CVR 43757652 · Private limited company (ApS) · Active · Low risk

Bay Adelsted Holding ApS is a Private limited company (ApS), founded on , based in Kirke Hyllinge. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 2 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 3.0m and a net result of DKK 2.0m. CEO: David Adelsted Mikkelsen.

Bankruptcy risk for Bay Adelsted Holding ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Published annual reports2 · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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 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×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
43757652
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Agervang 24
4070 Kirke Hyllinge
Municipality
Lejre
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
RevisorGården Holbæk A/S
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio64.8%
Current ratio409%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2,187DKK -17k
Net profitDKK 2.0mDKK 985k
EquityDKK 3.0mDKK 1.0m
Total assetsDKK 4.6mDKK 2.6m
CashDKK 2.9m–
Short-term debtDKK 825k–
Tax owedDKK 126k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RevisorGården Holbæk A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025133
1 Jan 2023 – 30 Jun 2024159

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
CEODavid Adelsted MikkelsenCurrent
CEOPeter Andreas Stakemann
Owner (90%)David Adelsted MikkelsenCurrent
Owner (5%)Stine Bay MichelsenCurrent
Owner (100%)ApS KBUS 38 nr.3117
FounderApS KBUS 38 nr.3117Current

The CEOs' other companies

David Adelsted Mikkelsen – 1 other companies

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Address history (1 moves)

Agervang 24, 4070 Kirke Hyllinge
Amaliegade 35, 1256 København K

Former names

Bay Adelsted Holding ApS – now
ApS KBUS 18 nr. 528 –

Other companies at the same address

Similar companies in Lejre

Questions and answers about Bay Adelsted Holding ApS

Has Bay Adelsted Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Bay Adelsted Holding ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Bay Adelsted Holding ApS?

David Adelsted Mikkelsen is the CEO of Bay Adelsted Holding ApS.

Who is the auditor of Bay Adelsted Holding ApS?

Bay Adelsted Holding ApS most recently used RevisorGården Holbæk A/S.

When was Bay Adelsted Holding ApS founded?

Bay Adelsted Holding ApS was founded on 1 January 2023.

What is the equity of Bay Adelsted Holding ApS?

Equity was DKK 3.0m according to the annual report for the period ending 30 June 2025.

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