MASENTIA ENGINEERING ApS

CVR 10848377 · Private limited company (ApS) · Active · Low risk

MASENTIA ENGINEERING ApS is a Private limited company (ApS), founded on , based in Odense SV. The company is registered in the industry engroshandel med værktøjsmaskiner. 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 1.7m and a net result of DKK 273k. CEO: Michael Nicolaisen.

Bankruptcy risk for MASENTIA ENGINEERING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Municipality changes3+ · bankruptcy rate 10.6%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×

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
10848377
Status
Active
Company type
Private limited company (ApS)
Founded
(39 years)
Address
Hvidkærvej 41
5250 Odense SV
Municipality
Odense
Industry
Engroshandel med værktøjsmaskiner (466200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 402k
Employees
0 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio61.5%
Current ratio164%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.1mDKK 634
Net profitDKK 273kDKK 17k
EquityDKK 1.7mDKK 528k
Total assetsDKK 2.7mDKK 590k
CashDKK 5,873–
Short-term debtDKK 1.0m–
Tax owedDKK 327k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025105
1 Jan 2024 – 31 Dec 2024105
1 Jan 2023 – 31 Dec 2023106
1 Jan 2022 – 31 Dec 2022107
1 Jan 2021 – 31 Dec 2021115
1 Jan 2020 – 31 Dec 202088
1 Jan 2019 – 31 Dec 201992
1 Jan 2018 – 31 Dec 201877
1 Oct 2016 – 31 Dec 2017127
1 Oct 2015 – 30 Sep 201677
1 Oct 2014 – 30 Sep 201571
1 Oct 2013 – 30 Sep 201472
1 Oct 2012 – 30 Sep 201382
1 Oct 2011 – 30 Sep 201266
1 Oct 2010 – 30 Sep 201168
1 Oct 2009 – 30 Sep 201069
1 Oct 2008 – 30 Sep 200969
1 Oct 2007 – 30 Sep 200876
1 Oct 2006 – 30 Sep 200795
1 Oct 2005 – 30 Sep 200680

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 NicolaisenCurrent
CEOSusanne Saul Stakemann
CEOThomas Lundsteen
CEOFlemming Hjort
BoardMichael NicolaisenCurrent
BoardFlemming HjortCurrent
BoardThomas Lundsteen
BoardMette Thing Baltzar
BoardPer Emil Hasselbalch Stakemann
BoardKnud Werner Larsen
BoardAnne Mette Lundsteen Ditlevsen
BoardHelge Johannes Lundsteen
BoardJens Henning Elmerkjær
BoardBjarne Heidtmann
BoardHans Anders Mikael Brynje
BoardDan Stefan Fagerberg
BoardCarl Frederik Niclas Gedda
BoardErik Damsgaard
BoardFlemming Hjort
BoardJørgen Peter Illum Aagaard
Owner (50%)Masentia Group A/SCurrent
Owner (33%)MN-Tech Holding ApSCurrent
Owner (100%)TL MaskinPartner Holding AB
Owner (100%)Masentia Group A/S
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorErik Tronborg Andersen
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorEY Danmark A/S
AuditorERNST & YOUNG DENMARK P/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderA/S PSE NR. 1444Current

The CEOs' other companies

Michael Nicolaisen – 3 other companies

Susanne Saul Stakemann – 60 other companies, of which 60 bankrupt

Thomas Lundsteen – 6 other companies

Flemming Hjort – 10 other companies

Address history (4 moves)

Hvidkærvej 41, 5250 Odense SV
Hvidkærvej 41, 5250 Odense SV
Rødengvej 20, 4180 Sorø
Rødengvej 20, 4180 Sorø
Nordholmen 4, 2650 Hvidovre

Former names

MASENTIA ENGINEERING ApS – now
Masentia International ApS –
Masentia International A/S –
TL MASKINPARTNER A/S –
T. LUNDSTEEN A/S –
THOMAS LUNDSTEEN ApS –
ApS SMBK NR. 1423 –

Employees per year

Number of employees at MASENTIA ENGINEERING ApS per year352011: 520112012: 220122013: 320132014: 320142015: 320152016: 220162017: 120172018: 02018

Other companies at the same address

Similar companies in Odense

Questions and answers about MASENTIA ENGINEERING ApS

Has MASENTIA ENGINEERING ApS gone bankrupt?

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

What is the bankruptcy risk of MASENTIA ENGINEERING 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 MASENTIA ENGINEERING ApS?

Michael Nicolaisen is the CEO of MASENTIA ENGINEERING ApS.

Who is the auditor of MASENTIA ENGINEERING ApS?

MASENTIA ENGINEERING ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was MASENTIA ENGINEERING ApS founded?

MASENTIA ENGINEERING ApS was founded on 1 March 1987.

What is the equity of MASENTIA ENGINEERING ApS?

Equity was DKK 1.7m 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.