Betterways Udvikling ApS

CVR 44622106 · Private limited company (ApS) · Active · Low risk

Betterways Udvikling ApS is a Private limited company (ApS), founded on , based in Kalundborg. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. 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. The latest annual report (31 Dec 2025) shows equity of DKK 1.4m and a net result of DKK 246k. CEO: Peter Michael Olsen.

Bankruptcy risk for Betterways Udvikling 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

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
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

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
44622106
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Gl Røsnæsvej 43
4400 Kalundborg
Municipality
Kalundborg
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio62.3%
Current ratio200%
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 year20252024
Gross profitDKK 469kDKK 749k
Net profitDKK 246kDKK 440k
EquityDKK 1.4mDKK 1.1m
Total assetsDKK 2.2mDKK 1.5m
CashDKK 47kDKK 115k
Short-term debtDKK 612kDKK 177k
Tax owedDKK 112kDKK 167k
Avg. employees00

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202559
1 Jan 2024 – 31 Dec 2024155

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
CEOPeter Michael OlsenCurrent
Owner (100%)Betterways ApSCurrent
FounderBetterways ApSCurrent

The CEOs' other companies

Peter Michael Olsen – 2 other companies

Address history (0 moves)

Gl Røsnæsvej 43, 4400 Kalundborg

Other companies at the same address

Similar companies in Kalundborg

Questions and answers about Betterways Udvikling ApS

Has Betterways Udvikling ApS gone bankrupt?

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

What is the bankruptcy risk of Betterways Udvikling 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 Betterways Udvikling ApS?

Peter Michael Olsen is the CEO of Betterways Udvikling ApS.

Who is the auditor of Betterways Udvikling ApS?

Betterways Udvikling ApS most recently used Beierholm.

When was Betterways Udvikling ApS founded?

Betterways Udvikling ApS was founded on 8 February 2024.

What is the equity of Betterways Udvikling ApS?

Equity was DKK 1.4m 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.