CE Development ApS

CVR 43937081 · Private limited company (ApS) · Active · Low risk

CE Development ApS is a Private limited company (ApS), founded on , based in Pandrup. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 3 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -497k and a net result of DKK -257k. CEO: Mads Basballe Elkjær, Peter Lynge Christensen.

Bankruptcy risk for CE Development ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
43937081
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Industrivej 10
9490 Pandrup
Municipality
Jammerbugt
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Auditor
PJ Revision
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-7.0%
Current ratio2%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -103kDKK -64kDKK -34k
Net profitDKK -257kDKK -187kDKK -93k
EquityDKK -497kDKK -240kDKK -53k
Total assetsDKK 7.1mDKK 6.8mDKK 4.5m
CashDKK 32k––
Short-term debtDKK 7.6mDKK 7.0m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PJ Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202590
1 Jan 2024 – 31 Dec 2024176
23 Mar 2023 – 31 Dec 2023185 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
CEOMads Basballe ElkjærCurrent
CEOPeter Lynge ChristensenCurrent
Owner (50%)P. Christensen Ejendomme Holding ApSCurrent
Owner (50%)ME Holding Aalborg ApSCurrent
FounderP. Christensen Ejendomme Holding ApSCurrent
FounderME Holding Aalborg ApSCurrent

The CEOs' other companies

Mads Basballe Elkjær – 3 other companies

Peter Lynge Christensen – 4 other companies

Address history (0 moves)

Industrivej 10, 9490 Pandrup

Other companies at the same address

Similar companies in Jammerbugt

Questions and answers about CE Development ApS

Has CE Development ApS gone bankrupt?

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

What is the bankruptcy risk of CE Development 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 CE Development ApS?

Mads Basballe Elkjær, Peter Lynge Christensen are the CEOs of CE Development ApS.

Who is the auditor of CE Development ApS?

CE Development ApS most recently used PJ Revision.

When was CE Development ApS founded?

CE Development ApS was founded on 23 March 2023.

What is the equity of CE Development ApS?

Equity was DKK -497k 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.