Circular Energy Systems ApS

CVR 43916106 · Private limited company (ApS) · Active · Low risk

Circular Energy Systems ApS is a Private limited company (ApS), founded on , based in Brøndby. The company is registered in the industry fremstilling af andre maskiner til specielle formål i.a.n.. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 2.7m and a net result of DKK 1.6m. CEO: Jari Bendsen, Christoffer Bay.

Bankruptcy risk for Circular Energy Systems ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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×

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
43916106
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Bakkegårdsvej 5
2605 Brøndby
Municipality
Brøndby
Industry
Fremstilling af andre maskiner til specielle formål i.a.n. (289900)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 150k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio37.4%
Current ratio988%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 4.0mDKK 2.4mDKK 201k
Net profitDKK 1.6mDKK 941kDKK -19k
EquityDKK 2.7mDKK 1.1mDKK 21k
Total assetsDKK 7.2mDKK 2.1mDKK 174k
CashDKK 625kDKK 461k–
Short-term debtDKK 200kDKK 230k–
Avg. employees32–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024176
2 Mar 2023 – 31 Dec 202316

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
CEOJari BendsenCurrent
CEOChristoffer BayCurrent
Owner (33%)Morbo Holding ApSCurrent
Owner (33%)Jaben Holding APSCurrent
Owner (33%)Bay ApSCurrent
Owner (50%)Morten Ryge Bøgild
Owner (50%)Jari Bendsen
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
FounderMorten Ryge BøgildCurrent
FounderJari BendsenCurrent

The CEOs' other companies

Jari Bendsen – 1 other companies

Christoffer Bay – 2 other companies

Address history (0 moves)

Bakkegårdsvej 5, 2605 Brøndby

Other companies at the same address

Similar companies in Brøndby

Questions and answers about Circular Energy Systems ApS

Has Circular Energy Systems ApS gone bankrupt?

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

What is the bankruptcy risk of Circular Energy Systems ApS?

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

Who is the CEO of Circular Energy Systems ApS?

Jari Bendsen, Christoffer Bay are the CEOs of Circular Energy Systems ApS.

Who is the auditor of Circular Energy Systems ApS?

Circular Energy Systems ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Circular Energy Systems ApS founded?

Circular Energy Systems ApS was founded on 2 March 2023.

What is the equity of Circular Energy Systems ApS?

Equity was DKK 2.7m 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.