Korsholm El ApS

CVR 44177552 · Private limited company (ApS) · Active · Medium risk

Korsholm El ApS is a Private limited company (ApS), founded on , based in Billum. The company is registered in the industry el-installation. 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. The latest annual report (30 Sep 2025) shows equity of DKK 842k and a net result of DKK 460k. CEO: David Korsholm Nielsen.

Bankruptcy risk for Korsholm El 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

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×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
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
44177552
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Kirkebyvej 5G
6852 Billum
Municipality
Varde
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 200k
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio24.8%
Current ratio117%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.0mDKK 1.9m
Net profitDKK 460kDKK 431k
EquityDKK 842kDKK 631k
Total assetsDKK 3.4mDKK 1.7m
CashDKK 114k–
Short-term debtDKK 1.5m–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202552
10 Jul 2023 – 30 Sep 2024102

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
CEODavid Korsholm NielsenCurrent
Owner (100%)DKN HOLDING ApSCurrent
FounderDKN HOLDING ApSCurrent

The CEOs' other companies

David Korsholm Nielsen – 12 other companies

Address history (0 moves)

Kirkebyvej 5G, 6852 Billum

Other companies at the same address

Similar companies in Varde

Questions and answers about Korsholm El ApS

Has Korsholm El ApS gone bankrupt?

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

What is the bankruptcy risk of Korsholm El 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 Korsholm El ApS?

David Korsholm Nielsen is the CEO of Korsholm El ApS.

Who is the auditor of Korsholm El ApS?

Korsholm El ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was Korsholm El ApS founded?

Korsholm El ApS was founded on 10 July 2023.

What is the equity of Korsholm El ApS?

Equity was DKK 842k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.