Elutech ApS

CVR 44881683 · Private limited company (ApS) · Active · High risk

Elutech ApS is a Private limited company (ApS), founded on , based in Aarup. The company is registered in the industry investering for egen regning. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -2,757 and a net result of DKK -32k.

Bankruptcy risk for Elutech ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Age (years)2 yrs · bankruptcy rate 18.9%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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

Reduces the risk

Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Restated annual reports1 · bankruptcy rate 7.1%0.81×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
44881683
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Hjortegyden 18
5560 Aarup
Municipality
Assens
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-2.6%
Current ratio19%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 317kDKK 281k
Gross profitDKK 301kDKK 245k
Net profitDKK -32kDKK -11k
EquityDKK -2,757DKK 29k
Total assetsDKK 105kDKK 259k
CashDKK 8,564DKK 136k
Short-term debtDKK 44kDKK 145k

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
6 Jun 2024 – 31 Dec 2024181

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
Owner (100%)Erik LundsgaardCurrent
FounderErik LundsgaardCurrent

Address history (0 moves)

Hjortegyden 18, 5560 Aarup

Similar companies in Assens

Questions and answers about Elutech ApS

Has Elutech ApS gone bankrupt?

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

What is the bankruptcy risk of Elutech ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

When was Elutech ApS founded?

Elutech ApS was founded on 6 June 2024.

What is the equity of Elutech ApS?

Equity was DKK -2,757 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.