Kelstein Agro ApS

CVR 44164981 · Private limited company (ApS) · Active · Low risk

Kelstein Agro ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry avl af malkekvæg. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 16.5m and a net result of DKK 1.7m. CEO: Douwe Zijlstra, Bertha Zijlstra.

Bankruptcy risk for Kelstein Agro 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 reports50%–75% · bankruptcy rate 18.4%2.1×
Published annual reports2 · 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×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
44164981
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Sømosevej 30
6800 Varde
Municipality
Varde
Industry
Avl af malkekvæg (014100)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 13.0m
Auditor
SAGRO I/S
Audit opted out
No

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio21.9%
Current ratio74%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 9.7mDKK 11.2m
Net profitDKK 1.7mDKK 1.8m
EquityDKK 16.5mDKK 14.8m
Total assetsDKK 75.1mDKK 69.3m
Cash–DKK 0
Short-term debtDKK 6.9mDKK 6.4m
Avg. employees98

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
4 Jul 2023 – 31 Dec 2024197 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 (100%)Kelstein Holding ApSCurrent
AuditorSAGRO I/SCurrent
FounderKelstein Holding ApSCurrent

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 Agro ApS

Has Kelstein Agro ApS gone bankrupt?

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

What is the bankruptcy risk of Kelstein Agro 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 Agro ApS?

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

Who is the auditor of Kelstein Agro ApS?

Kelstein Agro ApS most recently used SAGRO I/S.

When was Kelstein Agro ApS founded?

Kelstein Agro ApS was founded on 4 July 2023.

What is the equity of Kelstein Agro ApS?

Equity was DKK 16.5m 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.