Factotech ApS

CVR 44024667 · Private limited company (ApS) · Active · Medium risk

Factotech ApS is a Private limited company (ApS), founded on , based in Ry. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 2 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 99k and a net result of DKK 33k. CEO: Geert Borg Smed.

Bankruptcy risk for Factotech ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%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

Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
44024667
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Rodelundvej 15
8680 Ry
Municipality
Skanderborg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Auditor
Revision Ry & Hammel Godkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio46.1%
Current ratio186%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 101k–
Net profitDKK 33k–
EquityDKK 99k–
Total assetsDKK 213k–
CashDKK 62k–
Short-term debtDKK 115k–
Tax owedDKK 17k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision Ry & Hammel Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025183
19 Apr 2023 – 30 Jun 2024192 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
CEOGeert Borg SmedCurrent
Owner (100%)GBS HOLDING ApSCurrent
FounderGeert Borg SmedCurrent

The CEOs' other companies

Geert Borg Smed – 3 other companies, of which 1 bankrupt

Address history (0 moves)

Rodelundvej 15, 8680 Ry

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about Factotech ApS

Has Factotech ApS gone bankrupt?

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

What is the bankruptcy risk of Factotech 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 Factotech ApS?

Geert Borg Smed is the CEO of Factotech ApS.

Who is the auditor of Factotech ApS?

Factotech ApS most recently used Revision Ry & Hammel Godkendt Revisionsaktieselskab.

When was Factotech ApS founded?

Factotech ApS was founded on 19 April 2023.

What is the equity of Factotech ApS?

Equity was DKK 99k 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.