Motorverk ApS

CVR 11220037 · Private limited company (ApS) · Active · Low risk

Motorverk ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry engroshandel med kemiske produkter. 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, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 5.6m and a net result of DKK -1.5m. CEO: Haraldur Hjalmar Olafsson.

Bankruptcy risk for Motorverk 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

RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
11220037
Status
Active
Company type
Private limited company (ApS)
Founded
(39 years)
Address
Gungevej 9
2650 Hvidovre
Municipality
Hvidovre
Industry
Engroshandel med kemiske produkter (468500)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 200k
Employees
29 (2018)
Auditor
SCHYBERG LYKKE REGISTRERET REVISIONSANPARTSSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late7 of 31
Missing annual reportNo
Negative equityNo
Equity ratio25.1%
Current ratio112%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 14.2mDKK 16.7mDKK 23.9m
Net profitDKK -1.5mDKK 122kDKK 6.1m
EquityDKK 5.6mDKK 7.1mDKK 12.9m
Total assetsDKK 22.2mDKK 25.6mDKK 32.8m
CashDKK 1.2mDKK 2.0m–
Short-term debtDKK 15.6mDKK 17.2m–
Tax owedDKK 0DKK 89k–
Avg. employees2626–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · Schyberg ∙ Lykke Registreret revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023166
1 Jan 2022 – 31 Dec 2022215 Late
1 Jan 2021 – 31 Dec 2021218 Late
1 Jan 2020 – 31 Dec 2020209 Late
1 Jan 2019 – 31 Dec 2019255 Late
1 Jan 2018 – 31 Dec 2018170
1 Jan 2017 – 31 Dec 2017179
1 Jan 2016 – 31 Dec 2016178
1 Jan 2015 – 31 Dec 2015169
1 Jan 2014 – 31 Dec 2014161
1 Jan 2013 – 31 Dec 2013164
1 Jan 2012 – 31 Dec 2012162
1 Jan 2011 – 31 Dec 2011142
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007146
1 Jan 2006 – 31 Dec 2006164

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
CEOHaraldur Hjalmar OlafssonCurrent
CEOJens Nørskov
Owner (100%)HO HOLDING ApSCurrent
AuditorSCHYBERG LYKKE REGISTRERET REVISIONSANPARTSSELSKABCurrent
AuditorNis Jørn Bennetzen
AuditorArne Høxbro Larsen
AuditorReg.rev. Jens Nielsen
AuditorTHONIE HOLDING ApS
AuditorREGISTRERET REVISIONSANPARTSSELSKAB THONIE
AuditorREV OG RÅD ApS
FounderVICTOR CHRISTOFFERSEN ApSCurrent

The CEOs' other companies

Haraldur Hjalmar Olafsson – 7 other companies, of which 1 bankrupt

Jens Nørskov – 45 other companies, of which 45 bankrupt

Address history (4 moves)

Gungevej 9, 2650 Hvidovre
Finsensvej 6E, 2000 Frederiksberg
Finsensvej 6 e, 2000 Frederiksberg
Finsensvej 6 d, 2000 Frederiksberg
Vester Voldgade 92, 2. TH, 1552 København V

Former names

Motorverk ApS – now
LANGHOLT HANDELSSELSKAB ApS –
ASX 12293 ApS –

Employees per year

Number of employees at Motorverk ApS per year16312011: 2120112012: 2220122013: 2920132014: 3020142015: 2820152016: 3120162017: 3120172018: 292018

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about Motorverk ApS

Has Motorverk ApS gone bankrupt?

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

What is the bankruptcy risk of Motorverk 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 Motorverk ApS?

Haraldur Hjalmar Olafsson is the CEO of Motorverk ApS.

Who is the auditor of Motorverk ApS?

Motorverk ApS most recently used SCHYBERG LYKKE REGISTRERET REVISIONSANPARTSSELSKAB.

When was Motorverk ApS founded?

Motorverk ApS was founded on 1 September 1987.

What is the equity of Motorverk ApS?

Equity was DKK 5.6m 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.