Helgolandsgade 19-21 ApS

CVR 68910919 · Private limited company (ApS) · Active · Low risk

Helgolandsgade 19-21 ApS is a Private limited company (ApS), founded on , based in Esbjerg N. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 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 164k and a net result of DKK 6,466. CEO: Per Kornelius Holm Iversen.

Bankruptcy risk for Helgolandsgade 19-21 ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
68910919
Status
Active
Company type
Private limited company (ApS)
Founded
(44 years)
Address
c/o Per Kornelius Holm Iversen, Oddesundvej 28
6715 Esbjerg N
Municipality
Esbjerg
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 200k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 30
Missing annual reportNo
Negative equityNo
Equity ratio51.0%
Current ratio99%
Moves (last 2 years)2
CEO changes in total5
CEO's previous bankruptcies1
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 77kDKK -8,480
Net profitDKK 6,466DKK -7,372
EquityDKK 164kDKK 157k
Total assetsDKK 321kDKK 170k
CashDKK 117k–
Short-term debtDKK 158k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025140
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021151
1 Jan 2020 – 31 Dec 2020119
1 Jan 2019 – 31 Dec 2019160
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015168
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013161
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011152
1 Jan 2010 – 31 Dec 2010144
1 Jan 2009 – 31 Dec 2009133
1 Jan 2008 – 31 Dec 200861
1 Jul 2006 – 30 Jun 2007150
1 Jul 2005 – 30 Jun 2006153

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
CEOPer Kornelius Holm IversenCurrent
CEOArne Kvist
CEOKaren Kvist
CEOMichael Kvist
BoardMichael KvistCurrent
BoardKnud Stokholm
BoardKaren Kvist
BoardMichael Kvist
Owner (100%)DK Development ApSCurrent
Owner (100%)Arne Kvist
Owner (100%)M & S/K HOLDING A/S
AuditorBent Lundquist
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Per Kornelius Holm Iversen – 6 other companies, of which 1 bankrupt

Arne Kvist – 17 other companies, of which 2 bankrupt

Karen Kvist – 1 other companies

Michael Kvist – 30 other companies, of which 2 bankrupt

Address history (5 moves)

c/o Per Kornelius Holm Iversen, Oddesundvej 28, 6715 Esbjerg N
c/o Michael Kvist, Oddesundvej 28, 6715 Esbjerg N
c/o Michael Kvist, Gormsgade 8, 6700 Esbjerg
Tane Hedevej 41, 6857 Blåvand
Elmegade 15, 6818 Årre
Elmegade 15, 6818 Årre

Former names

Helgolandsgade 19-21 ApS – now
K. KVIST ApS –
KVIST MØBLER ApS –

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about Helgolandsgade 19-21 ApS

Has Helgolandsgade 19-21 ApS gone bankrupt?

No, Helgolandsgade 19-21 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Helgolandsgade 19-21 ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Helgolandsgade 19-21 ApS?

Per Kornelius Holm Iversen is the CEO of Helgolandsgade 19-21 ApS.

When was Helgolandsgade 19-21 ApS founded?

Helgolandsgade 19-21 ApS was founded on 30 June 1982.

What is the equity of Helgolandsgade 19-21 ApS?

Equity was DKK 164k 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.