Kjelgaard Tolstrup Ejendomme ApS

CVR 44870088 · Private limited company (ApS) · Active · High risk

Kjelgaard Tolstrup Ejendomme ApS is a Private limited company (ApS), founded on , based in Vestbjerg. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 2 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -3.7m and a net result of DKK -3.8m. CEO: Mads Walter Kloster.

Bankruptcy risk for Kjelgaard Tolstrup Ejendomme ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×

Reduces the risk

Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Other companies at the same address0 · bankruptcy rate 7.5%0.85×

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
44870088
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Vang Mark 60
9380 Vestbjerg
Municipality
Aalborg
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-27.3%
Current ratio17%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 814kDKK -19k
Net profitDKK -3.8mDKK -19k
EquityDKK -3.7mDKK 21k
Total assetsDKK 13.7mDKK 4.1m
CashDKK 562kDKK 31k
Short-term debtDKK 17.4mDKK 4.0m
Avg. employees00

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Roesgaard.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
3 Jun 2024 – 31 Dec 2024191 Late

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
CEOMads Walter KlosterCurrent
CEOJan Kjelgaard
Owner (100%)Kjelgaard Tolstrup Holding ApSCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
FounderKjelgaard Tolstrup Holding ApSCurrent

The CEOs' other companies

Mads Walter Kloster – 22 other companies

Jan Kjelgaard – 12 other companies

Address history (1 moves)

Vang Mark 60, 9380 Vestbjerg
Børglumvej 9, 9700 Brønderslev

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Kjelgaard Tolstrup Ejendomme ApS

Has Kjelgaard Tolstrup Ejendomme ApS gone bankrupt?

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

What is the bankruptcy risk of Kjelgaard Tolstrup Ejendomme ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the CEO of Kjelgaard Tolstrup Ejendomme ApS?

Mads Walter Kloster is the CEO of Kjelgaard Tolstrup Ejendomme ApS.

Who is the auditor of Kjelgaard Tolstrup Ejendomme ApS?

Kjelgaard Tolstrup Ejendomme ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was Kjelgaard Tolstrup Ejendomme ApS founded?

Kjelgaard Tolstrup Ejendomme ApS was founded on 3 June 2024.

What is the equity of Kjelgaard Tolstrup Ejendomme ApS?

Equity was DKK -3.7m 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.