HGSystem Holding ApS

CVR 44217155 · Private limited company (ApS) · Active · Low risk

HGSystem Holding ApS is a Private limited company (ApS), founded on , based in Ryslinge. The company is registered in the industry ikke-finansielle holdingselskaber. 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 2.4m and a net result of DKK -2.5m. CEO: Rune Eilertsen.

Bankruptcy risk for HGSystem Holding 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

Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
44217155
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Hestehavevej 22
5856 Ryslinge
Municipality
Faaborg-Midtfyn
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio51.8%
Current ratio10,814%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address16
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -25kDKK -11k
Net profitDKK -2.5mDKK -3.9m
EquityDKK 2.4mDKK 4.9m
Total assetsDKK 4.6mDKK 5.0m
CashDKK 202–
Short-term debtDKK 20k–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Aug 2023 – 31 Dec 2024182

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
CEORune EilertsenCurrent
BoardMikkel Jensby LundCurrent
BoardRune EilertsenCurrent
Owner (50%)ALPHA OFFSHORE HOLDING ApSCurrent
Owner (33%)INFOTECH HOLDING ApSCurrent
Owner (10%)Joab ApSCurrent
Owner (67%)INFOTECH HOLDING ApS
Owner (10%)Joab ApS
Owner (10%)Hans-Jørgen Eilertsen
Owner (67%)INFOTECH HOLDING ApS
Owner (20%)Joab ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderINFOTECH HOLDING ApSCurrent

The CEOs' other companies

Rune Eilertsen – 4 other companies, of which 1 bankrupt

Address history (1 moves)

Hestehavevej 22, 5856 Ryslinge
Røjlevej 24, 5792 Årslev

Other companies at the same address

Similar companies in Faaborg-Midtfyn

Questions and answers about HGSystem Holding ApS

Has HGSystem Holding ApS gone bankrupt?

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

What is the bankruptcy risk of HGSystem Holding 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 HGSystem Holding ApS?

Rune Eilertsen is the CEO of HGSystem Holding ApS.

Who is the auditor of HGSystem Holding ApS?

HGSystem Holding ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was HGSystem Holding ApS founded?

HGSystem Holding ApS was founded on 1 August 2023.

What is the equity of HGSystem Holding ApS?

Equity was DKK 2.4m 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.