Kelstein Holding ApS

CVR 44164795 · Private limited company (ApS) · Active · Low risk

Kelstein Holding ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 2 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 16.4m and a net result of DKK 1.6m. CEO: Douwe Zijlstra, Bertha Zijlstra.

Bankruptcy risk for Kelstein Holding ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
44164795
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Sømosevej 30
6800 Varde
Municipality
Varde
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 13.0m
Auditor
SAGRO I/S
Audit opted out
No

Warning signs

Annual reports filed late2 of 2
Missing annual reportNo
Negative equityNo
Equity ratio99.8%
Current ratio19%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -9,217DKK -1,763
Net profitDKK 1.6mDKK 1.8m
EquityDKK 16.4mDKK 14.8m
Total assetsDKK 16.5mDKK 14.8m
CashDKK 3,807DKK 4,072
Short-term debtDKK 31kDKK 8,557
Avg. employees11

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · SAGRO I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
4 Jul 2023 – 31 Dec 2024223 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
CEODouwe ZijlstraCurrent
CEOBertha ZijlstraCurrent
Owner (50%)Douwe ZijlstraCurrent
Owner (33%)Bertha ZijlstraCurrent
AuditorSAGRO I/SCurrent
FounderDouwe ZijlstraCurrent
FounderBertha ZijlstraCurrent

The CEOs' other companies

Douwe Zijlstra – 1 other companies

Bertha Zijlstra – 1 other companies

Address history (0 moves)

Sømosevej 30, 6800 Varde

Other companies at the same address

Similar companies in Varde

Questions and answers about Kelstein Holding ApS

Has Kelstein Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Kelstein Holding ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Kelstein Holding ApS?

Douwe Zijlstra, Bertha Zijlstra are the CEOs of Kelstein Holding ApS.

Who is the auditor of Kelstein Holding ApS?

Kelstein Holding ApS most recently used SAGRO I/S.

When was Kelstein Holding ApS founded?

Kelstein Holding ApS was founded on 4 July 2023.

What is the equity of Kelstein Holding ApS?

Equity was DKK 16.4m 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.