QE ApS

CVR 45526453 · Private limited company (ApS) · Active · Medium risk

QE ApS is a Private limited company (ApS), founded on , based in Aalborg SV. The company is registered in the industry anden handel med elektricitet. 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 -584k and a net result of DKK -604k. CEO: Matthew Louis Bird.

Bankruptcy risk for QE 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×
Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Industry changes1 · bankruptcy rate 6.5%0.74×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
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
45526453
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Fredrikstadvej 1
9200 Aalborg SV
Municipality
Aalborg
Industry
Anden handel med elektricitet (351590)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 20k
Auditor
Roesgaard
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 1
Missing annual reportNo
Negative equityYes
Equity ratio-6.7%
Current ratio77%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address32
Going-concern uncertaintyYes

Financials and key figures

Financial year2025
Gross profitDKK 371k
Net profitDKK -604k
EquityDKK -584k
Total assetsDKK 8.7m
CashDKK 7.1m
Short-term debtDKK 9.3m
Avg. employees8

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Roesgaard.

Filed annual reports

Reporting periodPublishedDays after period end
8 Apr 2025 – 31 Dec 2025188 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
CEOMatthew Louis BirdCurrent
CEORasmus Hollænder Millfors
BoardRasmus Hollænder MillforsCurrent
BoardMatthew Louis BirdCurrent
BoardMichael Thomas GoldenCurrent
Owner (100%)QE Holding ApSCurrent
FounderQE Holding ApSCurrent

The CEOs' other companies

Rasmus Hollænder Millfors – 11 other companies, of which 3 bankrupt

Address history (0 moves)

Fredrikstadvej 1, 9200 Aalborg SV

Other companies at the same address

Similar companies in Aalborg

Questions and answers about QE ApS

Has QE ApS gone bankrupt?

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

What is the bankruptcy risk of QE 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 QE ApS?

Matthew Louis Bird is the CEO of QE ApS.

Who is the auditor of QE ApS?

QE ApS most recently used Roesgaard.

When was QE ApS founded?

QE ApS was founded on 8 April 2025.

What is the equity of QE ApS?

Equity was DKK -584k 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.