VEJVAD BILER ApS

CVR 10146534 · Private limited company (ApS) · Active · Low risk

VEJVAD BILER ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry detailhandel med 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 Dec 2025) shows equity of DKK 20.0m and a net result of DKK 32k. CEO: Michael Meedom Vejvad.

Bankruptcy risk for VEJVAD BILER ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
10146534
Status
Active
Company type
Private limited company (ApS)
Founded
(40 years)
Address
Michael Jensens Vej 1
7400 Herning
Municipality
Herning
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 500k
Employees
2 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio97.3%
Current ratio3,700%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 309kDKK 355kDKK 300k
Net profitDKK 32kDKK -423kDKK -370k
EquityDKK 20.0mDKK 20.0mDKK 20.4m
Total assetsDKK 20.5mDKK 20.2mDKK 20.6m
CashDKK 415kDKK 330k–
Short-term debtDKK 555kDKK 262k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025120
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023150
1 Jan 2022 – 31 Dec 2022118
1 Jan 2021 – 31 Dec 2021145
1 Jan 2020 – 31 Dec 2020166
1 Jan 2019 – 31 Dec 2019155
1 Jan 2018 – 31 Dec 2018142
1 Jan 2017 – 31 Dec 201781
1 Jan 2016 – 31 Dec 201658
1 Jan 2015 – 31 Dec 201578
1 Jan 2014 – 31 Dec 2014120
1 Jan 2013 – 31 Dec 2013128
1 Jan 2012 – 31 Dec 2012151
1 Jan 2011 – 31 Dec 2011113
1 Jan 2010 – 31 Dec 2010159
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 200896
1 Jan 2007 – 31 Dec 2007136
1 Jan 2006 – 31 Dec 200681

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
CEOMichael Meedom VejvadCurrent
CEOErik Flemming Vejvad
CEOJens Høygaard Kjølbye
CEOMichael Meedom Vejvad
CEOErik Flemming Vejvad
BoardPeter Junge
BoardErik Flemming Vejvad
BoardJens Høygaard Kjølbye
BoardJesper Høygaard Kjølbye
BoardIb Moesgaard Kjeldsen
BoardOle Bisgaard Pedersen
BoardJens Jørn Kjeldgaard
BoardJohn Bach Pedersen
BoardKent Hansen
BoardAnny Vejvad
BoardErik Flemming Vejvad
BoardMichael Meedom Vejvad
Owner (100%)VEJVAD HOLDING ApSCurrent
AuditorSR. STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorCOLDING & PEDERSEN REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorAKTIESELSKABET AF 10. AUGUST 1998
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
FounderErik Flemming VejvadCurrent
FounderJens Høygaard KjølbyeCurrent
FounderJesper Høygaard KjølbyeCurrent
FounderMichael Meedom VejvadCurrent

The CEOs' other companies

Michael Meedom Vejvad – 8 other companies

Erik Flemming Vejvad – 5 other companies

Address history (1 moves)

Michael Jensens Vej 1, 7400 Herning
Tjelevej 16, 7400 Herning

Former names

VEJVAD BILER ApS – now
VEJVAD BILER A/S –
KJØLBYE & VEJVAD AUTOMOBILER A/S –

Employees per year

Number of employees at VEJVAD BILER ApS per year242011: 420112012: 420122013: 420132014: 420142015: 420152016: 320162017: 220172018: 22018

Other companies at the same address

Similar companies in Herning

Questions and answers about VEJVAD BILER ApS

Has VEJVAD BILER ApS gone bankrupt?

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

What is the bankruptcy risk of VEJVAD BILER ApS?

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 VEJVAD BILER ApS?

Michael Meedom Vejvad is the CEO of VEJVAD BILER ApS.

Who is the auditor of VEJVAD BILER ApS?

VEJVAD BILER ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was VEJVAD BILER ApS founded?

VEJVAD BILER ApS was founded on 20 March 1986.

What is the equity of VEJVAD BILER ApS?

Equity was DKK 20.0m 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.