CS Power ApS

CVR 44022133 · Private limited company (ApS) · Active · Medium risk

CS Power ApS is a Private limited company (ApS), founded on , based in Kolding. The company is registered in the industry fremstilling af elektroniske komponenter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 17k and a net result of DKK -14k. CEO: Thomas Grønhøj Krogager, Søren Frandsen.

Bankruptcy risk for CS Power ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
44022133
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Gejlhavegård 23
6000 Kolding
Municipality
Kolding
Industry
Fremstilling af elektroniske komponenter (261100)
Bankruptcies in the industry: Fremstilling af udstyr til måling, afprøvning, navigation og kontrol
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio62.8%
Current ratio269%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -7,064DKK -5,876DKK -3,500
Net profitDKK -14kDKK -5,785DKK -3,483
EquityDKK 17kDKK 31kDKK 37k
Total assetsDKK 27kDKK 34kDKK 40k
CashDKK 27kDKK 34k–
Short-term debtDKK 10kDKK 3,500–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025146
1 Jan 2024 – 31 Dec 2024162
26 Apr 2023 – 31 Dec 2023110

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
CEOThomas Grønhøj KrogagerCurrent
CEOSøren FrandsenCurrent
Owner (50%)Søren Frandsen Holding ApSCurrent
Owner (50%)Thosu Holding ApSCurrent
FounderSøren Frandsen Holding ApSCurrent
FounderThosu Holding ApSCurrent

The CEOs' other companies

Thomas Grønhøj Krogager – 5 other companies

Søren Frandsen – 3 other companies

Address history (1 moves)

Gejlhavegård 23, 6000 Kolding
Ambolten 33C, 6000 Kolding

Other companies at the same address

Similar companies in Kolding

Questions and answers about CS Power ApS

Has CS Power ApS gone bankrupt?

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

What is the bankruptcy risk of CS Power ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of CS Power ApS?

Thomas Grønhøj Krogager, Søren Frandsen are the CEOs of CS Power ApS.

Who is the auditor of CS Power ApS?

CS Power ApS most recently used Beierholm.

When was CS Power ApS founded?

CS Power ApS was founded on 26 April 2023.

What is the equity of CS Power ApS?

Equity was DKK 17k 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.