Billboard ApS

CVR 44332566 · Private limited company (ApS) · Active · Medium risk

Billboard ApS is a Private limited company (ApS), founded on , based in Svendborg. The company is registered in the industry indrykning af reklamer i medier. 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 (31 Dec 2025) shows equity of DKK 88k and a net result of DKK 36k. CEO: Morten Albertsen.

Bankruptcy risk for Billboard ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% 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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
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×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

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×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
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
44332566
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Halfdansvej 39
5700 Svendborg
Municipality
Svendborg
Industry
Indrykning af reklamer i medier (731200)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 40k
Auditor
RevisorGruppen v/ Lilly Jeppesen
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio9.3%
Current ratio81%
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 year202520242023
Gross profitDKK 84kDKK 63k–
Net profitDKK 36kDKK 12k–
EquityDKK 88kDKK 52kDKK 40k
Total assetsDKK 954kDKK 883kDKK 40k
CashDKK 352kDKK 285k–
Short-term debtDKK 851kDKK 825k–
Tax owedDKK 4,840––
Avg. employees1––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RevisorGruppen v/ Lilly Jeppesen.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
25 Sep 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
CEOMorten AlbertsenCurrent
Owner (100%)MORTEN ALBERTSEN HOLDING ApSCurrent
FounderMORTEN ALBERTSEN HOLDING ApSCurrent

The CEOs' other companies

Morten Albertsen – 10 other companies

Address history (0 moves)

Halfdansvej 39, 5700 Svendborg

Other companies at the same address

Questions and answers about Billboard ApS

Has Billboard ApS gone bankrupt?

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

What is the bankruptcy risk of Billboard 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 Billboard ApS?

Morten Albertsen is the CEO of Billboard ApS.

Who is the auditor of Billboard ApS?

Billboard ApS most recently used RevisorGruppen v/ Lilly Jeppesen.

When was Billboard ApS founded?

Billboard ApS was founded on 25 September 2023.

What is the equity of Billboard ApS?

Equity was DKK 88k 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.