Ballast I ApS

CVR 44062704 · Private limited company (ApS) · Active · Low risk

Ballast I ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry udskænkning af alkoholiske drikkevarer. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 2.1m and a net result of DKK 626k. CEO: Philip Oliver Steindorsson.

Bankruptcy risk for Ballast I ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
44062704
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Store Regnegade 26C, 4. th
1110 København K
Municipality
København
Industry
Udskænkning af alkoholiske drikkevarer (563020)
Bankruptcies in the industry: Restauranter
Share capital
DKK 40k
Auditor
Nordkyst Revision P/S
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio72.1%
Current ratio192%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address35
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.6mDKK 2.7m
Net profitDKK 626kDKK 583k
EquityDKK 2.1mDKK 2.4m
Total assetsDKK 2.9mDKK 3.4m
CashDKK 30k–
Short-term debtDKK 420k–
Tax owedDKK 245k–
Avg. employees6–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Nordkyst Revision P/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025166
1 Jan 2024 – 31 Dec 2024144
1 Jan 2023 – 31 Dec 2023170

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
CEOPhilip Oliver SteindorssonCurrent
Owner (100%)Ballast Holding ApSCurrent
Owner (100%)Philip Oliver Steindorsson
FounderPhilip Oliver SteindorssonCurrent

The CEOs' other companies

Philip Oliver Steindorsson – 5 other companies

Address history (0 moves)

Store Regnegade 26C, 4. th, 1110 København K

Other companies at the same address

Similar companies in København

Questions and answers about Ballast I ApS

Has Ballast I ApS gone bankrupt?

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

What is the bankruptcy risk of Ballast I ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Ballast I ApS?

Philip Oliver Steindorsson is the CEO of Ballast I ApS.

Who is the auditor of Ballast I ApS?

Ballast I ApS most recently used Nordkyst Revision P/S.

When was Ballast I ApS founded?

Ballast I ApS was founded on 16 May 2023.

What is the equity of Ballast I ApS?

Equity was DKK 2.1m 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.