Whitecell Systems ApS

CVR 45037843 · Private limited company (ApS) · Active · Medium risk

Whitecell Systems ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry fremstilling af elektriske motorer, generatorer og transformatorer. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 1 annual report has 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 -23.5m and a net result of DKK -23.5m. CEO: Martin Stefan Hintermann, Preben Rasmussen.

Bankruptcy risk for Whitecell Systems ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×

Reduces the risk

Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
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×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
45037843
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Lyngvej 8
9000 Aalborg
Municipality
Aalborg
Industry
Fremstilling af elektriske motorer, generatorer og transformatorer (271100)
Bankruptcies in the industry: Fremstilling af andet elektrisk udstyr
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 1
Missing annual reportNo
Negative equityYes
Equity ratio-96.1%
Current ratio33%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year2025
Gross profitDKK 8.6m
Net profitDKK -23.5m
EquityDKK -23.5m
Total assetsDKK 24.4m
CashDKK 3.6m
Short-term debtDKK 46.9m
Avg. employees35

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
27 Aug 2024 – 31 Dec 2025191 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
CEOMartin Stefan HintermannCurrent
CEOPreben RasmussenCurrent
CEOMorten Hougaard Sørensen
CEODavid Lukas Deck
Owner (100%)Whitecell Power AGCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderWhitecell Power AGCurrent

The CEOs' other companies

Morten Hougaard Sørensen – 2 other companies

Address history (0 moves)

Lyngvej 8, 9000 Aalborg

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Whitecell Systems ApS

Has Whitecell Systems ApS gone bankrupt?

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

What is the bankruptcy risk of Whitecell Systems ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Whitecell Systems ApS?

Martin Stefan Hintermann, Preben Rasmussen are the CEOs of Whitecell Systems ApS.

Who is the auditor of Whitecell Systems ApS?

Whitecell Systems ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Whitecell Systems ApS founded?

Whitecell Systems ApS was founded on 27 August 2024.

What is the equity of Whitecell Systems ApS?

Equity was DKK -23.5m 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.