Kystager ApS

CVR 44866048 · Private limited company (ApS) · Active · Low risk

Kystager ApS is a Private limited company (ApS), founded on , based in Vejle Øst. The company is registered in the industry ikke-finansielle holdingselskaber. 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 1.1m and a net result of DKK -449k. CEO: Heidi Thousgaard Terrvik.

Bankruptcy risk for Kystager 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×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
44866048
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Kystager 14
7120 Vejle Øst
Municipality
Vejle
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 63k
Auditor
A/S REVISION HATTING REGISTRERET REVISIONSSELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio22.8%
Current ratio14,638%
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 -19kDKK -30
Net profitDKK -449kDKK 80k
EquityDKK 1.1mDKK 1.5m
Total assetsDKK 4.7mDKK 1.5m
CashDKK 588–
Short-term debtDKK 170–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · A/S REVISION HATTING REGISTRERET REVISIONSSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025167
1 Jan 2024 – 31 Dec 2024178

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
CEOHeidi Thousgaard TerrvikCurrent
Owner (67%)Heidi Thousgaard TerrvikCurrent
Owner (25%)Malevik Öfvre ABCurrent
Owner (100%)Heidi Thousgaard Terrvik

The CEOs' other companies

Heidi Thousgaard Terrvik – 9 other companies, of which 1 bankrupt

Address history (0 moves)

Kystager 14, 7120 Vejle Øst

Other companies at the same address

Similar companies in Vejle

Questions and answers about Kystager ApS

Has Kystager ApS gone bankrupt?

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

What is the bankruptcy risk of Kystager 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 Kystager ApS?

Heidi Thousgaard Terrvik is the CEO of Kystager ApS.

Who is the auditor of Kystager ApS?

Kystager ApS most recently used A/S REVISION HATTING REGISTRERET REVISIONSSELSKAB.

When was Kystager ApS founded?

Kystager ApS was founded on 31 May 2024.

What is the equity of Kystager ApS?

Equity was DKK 1.1m 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.