GRUNDVAD MASKINHANDEL A/S

CVR 10055857 · Public limited company (A/S) · Active · Low risk

GRUNDVAD MASKINHANDEL A/S is a Public limited company (A/S), founded on , based in Viborg. The company is registered in the industry fremstilling af andre dele og tilbehør til motorkøretøjer. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 May 2025) shows equity of DKK 5.4m and a net result of DKK 1.1m. CEO: Flemming Pedholt Christensen.

Bankruptcy risk for GRUNDVAD MASKINHANDEL A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
10055857
Status
Active
Company type
Public limited company (A/S)
Founded
(25 years)
Address
Syvagervej 2
8800 Viborg
Municipality
Viborg
Industry
Fremstilling af andre dele og tilbehør til motorkøretøjer (293200)
Bankruptcies in the industry: Reparation af maskiner
Share capital
DKK 1.0m
Employees
13 (2018)
Auditor
Revisionsfirmaet Lars Olsen Registreret Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 25
Missing annual reportNo
Negative equityNo
Equity ratio29.0%
Current ratio302%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 6.8mDKK 7.2m
Net profitDKK 1.1mDKK 1.4m
EquityDKK 5.4mDKK 5.6m
Total assetsDKK 18.7mDKK 17.3m
CashDKK 3.2m–
Short-term debtDKK 5.7m–
Tax owedDKK 0–
Avg. employees12–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revisionsfirmaet Lars Olsen A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jun 2024 – 31 May 2025173
1 Jun 2023 – 31 May 2024158
1 Jun 2022 – 31 May 2023148
1 Jun 2021 – 31 May 2022155
1 Jun 2020 – 31 May 2021147
1 Jun 2019 – 31 May 2020150
1 Jun 2018 – 31 May 2019153
1 Jun 2017 – 31 May 2018162
1 Jun 2016 – 31 May 2017168
1 Jun 2015 – 31 May 2016153
1 Jun 2014 – 31 May 2015162
1 Jun 2013 – 31 May 2014143
1 Jun 2012 – 31 May 2013129
1 Jun 2011 – 31 May 2012116
1 Jun 2010 – 31 May 2011148
1 Jun 2009 – 31 May 2010154
1 Jun 2008 – 31 May 2009142
1 Jun 2007 – 31 May 2008117
1 Jun 2006 – 31 May 2007161
1 Jun 2005 – 31 May 2006130

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
CEOFlemming Pedholt ChristensenCurrent
BoardFlemming Pedholt ChristensenCurrent
BoardConny ChristensenCurrent
BoardMartin LindgaardCurrent
BoardJens Madsen
BoardKnud Christensen
BoardMorten Kristensen
BoardKristian Pedholt Tind
Owner (67%)GRUNDVAD MASKINHANDEL HOLDING A/SCurrent
Owner (20%)ML Holding Viborg ApSCurrent
Owner (100%)GRUNDVAD MASKINHANDEL HOLDING A/S
Owner (10%)ML Holding Viborg ApS
Owner (10%)Kristian Tind Holding ApS
AuditorRevisionsfirmaet Lars Olsen Registreret RevisionsaktieselskabCurrent
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorLundvej 20 ApS
FounderCHR. N. CHRISTENSEN & CO. A/SCurrent

The CEOs' other companies

Flemming Pedholt Christensen – 3 other companies

Address history (1 moves)

Syvagervej 2, 8800 Viborg
Syvagervej 2, 8800 Viborg

Former names

GRUNDVAD MASKINHANDEL A/S – now
GRUNDVAD MASKINHANDEL ApS –

Employees per year

Number of employees at GRUNDVAD MASKINHANDEL A/S per year7132011: 1020112012: 1120122013: 1120132014: 1120142015: 1320152016: 1220162017: 1320172018: 132018

Other companies at the same address

Similar companies in Viborg

Questions and answers about GRUNDVAD MASKINHANDEL A/S

Has GRUNDVAD MASKINHANDEL A/S gone bankrupt?

No, GRUNDVAD MASKINHANDEL A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of GRUNDVAD MASKINHANDEL A/S?

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

Who is the CEO of GRUNDVAD MASKINHANDEL A/S?

Flemming Pedholt Christensen is the CEO of GRUNDVAD MASKINHANDEL A/S.

Who is the auditor of GRUNDVAD MASKINHANDEL A/S?

GRUNDVAD MASKINHANDEL A/S most recently used Revisionsfirmaet Lars Olsen Registreret Revisionsaktieselskab.

When was GRUNDVAD MASKINHANDEL A/S founded?

GRUNDVAD MASKINHANDEL A/S was founded on 28 November 2000.

What is the equity of GRUNDVAD MASKINHANDEL A/S?

Equity was DKK 5.4m according to the annual report for the period ending 31 May 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.