Insectum Klitgaard ApS

CVR 44078147 · Private limited company (ApS) · Active · Low risk

Insectum Klitgaard ApS is a Private limited company (ApS), founded on , based in Hals. The company is registered in the industry avl af andre dyr. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -925k and a net result of DKK -230k. CEO: Michael Bundgaard, David Munk-Bogballe.

Bankruptcy risk for Insectum Klitgaard 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

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
44078147
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Rørholtvej 76
9370 Hals
Municipality
Aalborg
Industry
Avl af andre dyr (014800)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 40k
Auditor
DANSK REVISION SKIVE REGISTRERET REVISIONSANPARTSSELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-64.5%
Current ratio19%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242024
Gross profitDKK -105kDKK -295kDKK -410k
Net profitDKK -230kDKK -302kDKK -434k
EquityDKK -925kDKK -695kDKK -394k
Total assetsDKK 1.4mDKK 1.7mDKK 1.7m
Short-term debtDKK 507kDKK 667kDKK 2.0m
Avg. employees100

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · DANSK REVISION SKIVE REGISTRERET REVISIONSANPARTSSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
25 May 2023 – 30 Jun 2024170

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
CEOMichael BundgaardCurrent
CEODavid Munk-BogballeCurrent
Owner (50%)MICHAEL BUNDGAARD HOLDING ApSCurrent
Owner (33%)Insectum ApSCurrent
FounderMICHAEL BUNDGAARD HOLDING ApSCurrent
FounderInsectum ApSCurrent

The CEOs' other companies

Michael Bundgaard – 14 other companies

David Munk-Bogballe – 1 other companies

Address history (0 moves)

Rørholtvej 76, 9370 Hals

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Insectum Klitgaard ApS

Has Insectum Klitgaard ApS gone bankrupt?

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

What is the bankruptcy risk of Insectum Klitgaard 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 Insectum Klitgaard ApS?

Michael Bundgaard, David Munk-Bogballe are the CEOs of Insectum Klitgaard ApS.

Who is the auditor of Insectum Klitgaard ApS?

Insectum Klitgaard ApS most recently used DANSK REVISION SKIVE REGISTRERET REVISIONSANPARTSSELSKAB.

When was Insectum Klitgaard ApS founded?

Insectum Klitgaard ApS was founded on 25 May 2023.

What is the equity of Insectum Klitgaard ApS?

Equity was DKK -925k 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.