Hstl ApS

CVR 43891359 · Private limited company (ApS) · Active · High risk

Hstl ApS is a Private limited company (ApS), founded on , based in Hørve. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 3 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 27k and a net result of DKK -1,411. CEO: Signe Brandt Madsen.

Bankruptcy risk for Hstl ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Capital changes1 · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
43891359
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Nygårdsvej 6
4534 Hørve
Municipality
Odsherred
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 41k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 3
Missing annual reportNo
Negative equityNo
Equity ratio9.0%
Current ratio122%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies2
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -1,621DKK 0DKK -12k
Net profitDKK -1,411DKK 0DKK -12k
EquityDKK 27kDKK 28kDKK 28k
Total assetsDKK 297kDKK 34kDKK 34k
CashDKK 34kDKK 34k–
Short-term debtDKK 244kDKK 6,250–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025199 Late
1 Jan 2024 – 31 Dec 2024206 Late
17 Feb 2023 – 31 Dec 2023264 Late

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
CEOSigne Brandt MadsenCurrent
CEOSigne Brandt Madsen
Owner (100%)Signe Brandt MadsenCurrent
Owner (50%)Henrik Brandt Madsen
Owner (50%)Signe Brandt Madsen
FounderHenrik Brandt MadsenCurrent
FounderSigne Brandt MadsenCurrent

The CEOs' other companies

Signe Brandt Madsen – 7 other companies, of which 2 bankrupt

Address history (0 moves)

Nygårdsvej 6, 4534 Hørve

Other companies at the same address

Similar companies in Odsherred

Questions and answers about Hstl ApS

Has Hstl ApS gone bankrupt?

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

What is the bankruptcy risk of Hstl ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Hstl ApS?

Signe Brandt Madsen is the CEO of Hstl ApS.

When was Hstl ApS founded?

Hstl ApS was founded on 17 February 2023.

What is the equity of Hstl ApS?

Equity was DKK 27k 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.