Giltoft Byg & Montage ApS

CVR 44636751 · Private limited company (ApS) · Active · High risk

Giltoft Byg & Montage ApS is a Private limited company (ApS), founded on , based in Randers SV. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 143k and a net result of DKK 55k. CEO: Kian Giltoft Nielsen.

Bankruptcy risk for Giltoft Byg & Montage ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%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×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
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×
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
44636751
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Aalborggade 18
8940 Randers SV
Municipality
Randers
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio53.0%
Current ratio213%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 521kDKK 349k
Net profitDKK 55kDKK 47k
EquityDKK 143kDKK 87k
Total assetsDKK 269kDKK 229k
CashDKK 145kDKK 112k
Short-term debtDKK 126kDKK 142k
Avg. employees11

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
15 Feb 2024 – 31 Dec 2024183

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
CEOKian Giltoft NielsenCurrent
Owner (100%)Giltoft Nielsen Holding ApSCurrent
FounderGiltoft Nielsen Holding ApSCurrent

The CEOs' other companies

Kian Giltoft Nielsen – 3 other companies

Address history (0 moves)

Aalborggade 18, 8940 Randers SV

Other companies at the same address

Similar companies in Randers

Questions and answers about Giltoft Byg & Montage ApS

Has Giltoft Byg & Montage ApS gone bankrupt?

No, Giltoft Byg & Montage ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Giltoft Byg & Montage ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Giltoft Byg & Montage ApS?

Kian Giltoft Nielsen is the CEO of Giltoft Byg & Montage ApS.

Who is the auditor of Giltoft Byg & Montage ApS?

Giltoft Byg & Montage ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Giltoft Byg & Montage ApS founded?

Giltoft Byg & Montage ApS was founded on 15 February 2024.

What is the equity of Giltoft Byg & Montage ApS?

Equity was DKK 143k 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.