EURO STEEL 1988 ApS

CVR 12119704 · Private limited company (ApS) · Active · Low risk

EURO STEEL 1988 ApS is a Private limited company (ApS), founded on , based in Hedensted. The company is registered in the industry udlejning af erhvervsejendomme. 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 (30 Sep 2025) shows equity of DKK 1.2bn and a net result of DKK 110.2m. CEO: Morten Kristoffer Larsen.

Bankruptcy risk for EURO STEEL 1988 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

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×

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
12119704
Status
Active
Company type
Private limited company (ApS)
Founded
(38 years)
Address
Lundagervej 31
8722 Hedensted
Municipality
Hedensted
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 1.0m
Employees
1 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late15 of 30
Missing annual reportNo
Negative equityNo
Equity ratio85.2%
Current ratio231%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address28
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 64.9mDKK 62.8m
Gross profitDKK 7.0mDKK 18.9m
Net profitDKK 110.2mDKK 118.1m
EquityDKK 1.2bnDKK 1.1bn
Total assetsDKK 1.4bnDKK 1.3bn
CashDKK 1.9m–
Short-term debtDKK 205.6m–
Tax owedDKK 43.4m–
Avg. employees2–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Den uafhængige revisors erklæring · Martinsen Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025198 Late
1 Oct 2023 – 30 Sep 2024196 Late
1 Oct 2022 – 30 Sep 2023202 Late
1 Oct 2021 – 30 Sep 2022202 Late
1 Oct 2020 – 30 Sep 2021167
1 Oct 2019 – 30 Sep 2020180
1 Oct 2018 – 30 Sep 2019169
1 Oct 2017 – 30 Sep 2018170
1 Oct 2016 – 30 Sep 2017165
1 Oct 2015 – 30 Sep 2016178
1 Oct 2014 – 30 Sep 2015183
1 Oct 2013 – 30 Sep 2014178
1 Oct 2012 – 30 Sep 2013175
1 Oct 2011 – 30 Sep 2012165
1 Oct 2010 – 30 Sep 2011167
1 Oct 2009 – 30 Sep 2010167
1 Oct 2008 – 30 Sep 2009169
1 Oct 2007 – 30 Sep 2008182
1 Oct 2006 – 30 Sep 2007183
1 Oct 2005 – 30 Sep 2006176

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
CEOMorten Kristoffer LarsenCurrent
CEOSusanne Saul Stakemann
CEOMorten Kristoffer Larsen
CEOFinn Ladefoged Jensen
BoardMorten Kristoffer LarsenCurrent
BoardFinn Ladefoged JensenCurrent
BoardEva Ilse PedersenCurrent
BoardPer Emil Hasselbalch Stakemann
BoardSteen Skaanning
BoardHans Christensen
BoardVibeke Kragh
BoardNicolai Kristoffer Larsen
BoardKim Rune Brarup
Owner (67%)Morten Kristoffer LarsenCurrent
Owner (10%)Chris Kristoffer HansenCurrent
Owner (5%)Nicolai Kristoffer LarsenCurrent
Owner (5%)Markus Kristoffer HansenCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorErik Tronborg Andersen
AuditorFinn Ladefoged Jensen
AuditorPricewaterhouseCoopers
AuditorPricewaterhouseCoopers I/S
AuditorNOMOQ PARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorMartinsen Ringkøbing-Skjern Statsautoriseret Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderVX 10.312 ApSCurrent

The CEOs' other companies

Morten Kristoffer Larsen – 43 other companies, of which 3 bankrupt

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

Finn Ladefoged Jensen – 47 other companies, of which 3 bankrupt

Address history (1 moves)

Lundagervej 31, 8722 Hedensted
Lundagervej 31, 8722 Hedensted

Former names

EURO STEEL 1988 ApS – now
ApS KBIL 9 NR. 1608 –

Employees per year

Number of employees at EURO STEEL 1988 ApS per year232011: 220112012: 220122013: 220132014: 220142015: 320152016: 020162017: 120172018: 12018

Other companies at the same address

Similar companies in Hedensted

Questions and answers about EURO STEEL 1988 ApS

Has EURO STEEL 1988 ApS gone bankrupt?

No, EURO STEEL 1988 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of EURO STEEL 1988 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 EURO STEEL 1988 ApS?

Morten Kristoffer Larsen is the CEO of EURO STEEL 1988 ApS.

Who is the auditor of EURO STEEL 1988 ApS?

EURO STEEL 1988 ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was EURO STEEL 1988 ApS founded?

EURO STEEL 1988 ApS was founded on 1 May 1988.

What is the equity of EURO STEEL 1988 ApS?

Equity was DKK 1.2bn according to the annual report for the period ending 30 September 2025.

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