Fortify ApS

CVR 45229505 · Private limited company (ApS) · Active · Very high risk

Fortify ApS is a Private limited company (ApS), founded on , based in Glostrup. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 697k and a net result of DKK 657k. CEO: Victor Lava Thorngaard.

Bankruptcy risk for Fortify ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
45229505
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Smedeland 7, st.
2600 Glostrup
Municipality
Albertslund
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio51.5%
Current ratio200%
Moves (last 2 years)2
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address183
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK 2.9m
Net profitDKK 657k
EquityDKK 697k
Total assetsDKK 1.4m
CashDKK 754k
Short-term debtDKK 655k
Tax owedDKK 194k
Avg. employees4

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

Filed annual reports

Reporting periodPublishedDays after period end
22 Nov 2024 – 31 Dec 2025110

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
CEOVictor Lava ThorngaardCurrent
CEOErdem Ali Coban
Owner (50%)AS1 Holding ApSCurrent
Owner (50%)Lava Holding ApSCurrent
Owner (33%)EC1 Holding ApS
FounderAS1 Holding ApSCurrent
FounderEC1 Holding ApSCurrent
FounderLava Holding ApSCurrent

The CEOs' other companies

Victor Lava Thorngaard – 1 other companies

Address history (2 moves)

Smedeland 7, st., 2600 Glostrup
Marielundvej 46E, 1. th, 2730 Herlev
Rylevænget 38, 2880 Bagsværd

Other companies at the same address

Similar companies in Albertslund

Questions and answers about Fortify ApS

Has Fortify ApS gone bankrupt?

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

What is the bankruptcy risk of Fortify ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Fortify ApS?

Victor Lava Thorngaard is the CEO of Fortify ApS.

When was Fortify ApS founded?

Fortify ApS was founded on 22 November 2024.

What is the equity of Fortify ApS?

Equity was DKK 697k 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.