HGSystem ApS
CVR 44219425 · Private limited company (ApS) · Active · High risk
HGSystem ApS is a Private limited company (ApS), founded on , based in Ryslinge. The company is registered in the industry fremstilling af elektriske motorer, generatorer og transformatorer. Our model estimates a bankruptcy risk of 5.8% over the next 12 months, which is 4.1 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 ApS
4.1 × the average (1.41%) · higher risk than 93% of active Danish companies
Increases the risk
Reduces the risk
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
- 44219425
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (3 years)
- Address
- Hestehavevej 22
5856 Ryslinge - Municipality
- Faaborg-Midtfyn
- Industry
- Fremstilling af elektriske motorer, generatorer og transformatorer (271100)
Bankruptcies in the industry: Fremstilling af andet elektrisk udstyr - Share capital
- DKK 40k
- Auditor
- PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 2 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 24.0% |
| Current ratio | 320% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 16 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 785k | DKK 184k | – |
| Net profit | DKK -2.5m | DKK -3.9m | – |
| Equity | DKK 2.4m | DKK 4.9m | DKK 40k |
| Total assets | DKK 10.0m | DKK 12.6m | DKK 40k |
| Cash | DKK 1,027 | DKK 1,025 | – |
| Short-term debt | DKK 1.2m | DKK 4.9m | – |
| Avg. employees | 5 | 3 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 181 | ||
| 5 Aug 2023 – 31 Dec 2024 | 182 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Rune Eilertsen | Current | |
| Board | Mikkel Jensby Lund | Current | |
| Board | Rune Eilertsen | Current | |
| Owner (100%) | HGSystem Holding ApS | Current | |
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Founder | HGSystem Holding ApS | Current |
The CEOs' other companies
Rune Eilertsen – 4 other companies, of which 1 bankrupt
- HG Rental ApS Bankrupt 30 May 2023
- HG Energy Group ApS Active
- HGSystem Holding ApS Active
- Hybridgenerator Aps Active
Address history (1 moves)
| Hestehavevej 22, 5856 Ryslinge | |
| Røjlevej 24, 5792 Årslev |
Other companies at the same address
- IN-COLORS ApS Bankrupt
- Nordic Build DK A/S Bankrupt
- SELSKABET AF 22.02.2012 ApS Bankrupt
- ALMEXA A/S Active
- ApS CHR FABER, ÅLBORG Fusioneret
- BENTHIN A/S Opløst
- Classic Trim Aircraft Interiors ApS Active
- FABER A/S Fusioneret
- FABER DANMARK A/S Fusioneret
- FABER DANMARK ApS Fusioneret
- Fyns Bogbind ApS Active
- Fyns Bogbind Maskiner ApS Active
- HGSystem Holding ApS Active
- KOP GROUP ApS Active
- PETER THUESEN ApS Active
- PETER THUESEN HOLDING ApS Active
- Tesberg ApS Active
Similar companies in Faaborg-Midtfyn
- JEBA-TEK ApS Faaborg
Questions and answers about HGSystem ApS
Has HGSystem ApS gone bankrupt?
No, HGSystem ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of HGSystem ApS?
Our model estimates a bankruptcy risk of 5.8% over the next 12 months (high risk), which is 4.1 times the average for Danish companies.
Who is the CEO of HGSystem ApS?
Rune Eilertsen is the CEO of HGSystem ApS.
Who is the auditor of HGSystem ApS?
HGSystem ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was HGSystem ApS founded?
HGSystem ApS was founded on 5 August 2023.
What is the equity of HGSystem 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.