API MAINTENANCE SYSTEMS A/S

CVR 12379498 · Public limited company (A/S) · Active · Low risk

API MAINTENANCE SYSTEMS A/S is a Public limited company (A/S), founded on , based in Randers SV. The company is registered in the industry anden udgivelse af software. 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 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 112.9m and a net result of DKK 14.0m. CEO: Hellen Maria Stein.

Bankruptcy risk for API MAINTENANCE SYSTEMS A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

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×
Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
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
12379498
Status
Active
Company type
Public limited company (A/S)
Founded
(38 years)
Address
Engelsholmvej 26
8940 Randers SV
Municipality
Randers
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 1.5m
Employees
19 (2018)
Auditor
KPMG P/S
Audit opted out
No

Warning signs

Annual reports filed late7 of 31
Missing annual reportNo
Negative equityNo
Equity ratio29.4%
Current ratio130%
Moves (last 2 years)1
CEO changes in total13
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 25.9mDKK 23.5m
Net profitDKK 14.0mDKK 19.9m
EquityDKK 112.9mDKK 99.0m
Total assetsDKK 383.7mDKK 220.2m
CashDKK 1.2m–
Short-term debtDKK 270.8m–
Tax owedDKK 0–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Auditor's report on audited financial statements · KPMG.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025194 Late
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020218 Late
1 Jan 2019 – 31 Dec 2019261 Late
1 Jan 2018 – 31 Dec 2018112
1 Jan 2017 – 31 Dec 2017162
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015154
1 Jan 2014 – 31 Dec 2014125
1 Jan 2013 – 31 Dec 2013146
1 Jan 2012 – 31 Dec 201271
1 Jan 2011 – 31 Dec 2011152
1 Jan 2010 – 31 Dec 2010144
1 Jan 2009 – 31 Dec 2009172
1 Jan 2008 – 31 Dec 2008175
1 Jan 2007 – 31 Dec 2007172
1 Jan 2006 – 31 Dec 2006156

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
CEOHellen Maria SteinCurrent
CEOSteen Damsgaard
CEOPer Emil Hasselbalch Stakemann
CEOMichael Ries
CEOAlan Gibson Somerville
CEOKaren Louise Chalmers
CEOPetrus Franciscus Henricus Adrianus van den Maagdenberg
CEODuane Thomas George
BoardHellen Maria SteinCurrent
BoardNicola MarrisonCurrent
BoardKatherine Lavar DunnCurrent
BoardBent Røddik
BoardBent Røddik
BoardUlf Svejgaard Poulsen
BoardSusanne Saul Stakemann
BoardSteen Damsgaard
BoardPer Emil Hasselbalch Stakemann
BoardPer Raaskov Sørensen
BoardMarianne Ericsson
BoardClaes Henrik Ericsson Grill
BoardGunnar Bernhardtz
BoardOlof Englund
BoardLars Eric Green
BoardMats Larson
BoardBengt Wallentin
BoardGøran Selldahl
BoardLars-Eric Green
BoardBjorn Sandberg
BoardPer Tjernberg
BoardHans Krantz
BoardFrederik Svedberg
BoardMichael Ries
BoardNils Hans Christer Hellström
BoardLennart Tholstrup Blomdahl
BoardLars Roland Klingstedt
BoardJohan Koch
BoardBengt Peter Åman
BoardSteen Alexander
BoardErik Balleby Jensen
BoardUlrik Nicolai Jungersen
BoardUlrich Alexander Krasilnikoff
BoardLars Torpe Christoffersen
BoardFinn Vagner
BoardJeppe Carøe Rindom
BoardJens Thøger Hansen
BoardLaurits Mathias Bach Sørensen
BoardErik Balleby Jensen
BoardPetra Margareta Ellegaard Helfferich
BoardLars Torpe Christoffersen
BoardErik Balleby Jensen
BoardJohan Åke Andersson
BoardBrad Eric Debold
BoardTelukutla Venkata Nasara Reddy
BoardAlan Gibson Somerville
BoardSandra Ann Cummings
BoardKaren Louise Chalmers
BoardKevin James Mc Adams
BoardPetrus Franciscus Henricus Adrianus van den Maagdenberg
BoardDuane Thomas George
Owner (100%)API MAINTENANCE HOLDING ApSCurrent
AuditorKPMG P/SCurrent
AuditorErik Tronborg Andersen
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorANDERSEN STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderMEDIMEX ApSCurrent
FounderApS HVKMD 5 NR. 555Current
FounderA/S PSE NR. 1444Current
FounderPEHSB ApSCurrent

The CEOs' other companies

Per Emil Hasselbalch Stakemann – 45 other companies, of which 45 bankrupt

Michael Ries – 2 other companies

Address history (7 moves)

Engelsholmvej 26, 8940 Randers SV
Amaliegade 6, 2. tv, 1256 København K
c/o Horten Advokatpartnerselskab, Philip Heymans Alle 7, 2900 Hellerup
Sydvestvej 21, 2600 Glostrup
Sydvestvej 21, 2., 2600 Glostrup
Roskildevej 342B, st., 2630 Taastrup
Herstedøstervej 27, st., 2620 Albertslund
Søndre Ringvej 55, 2605 Brøndby

Former names

API MAINTENANCE SYSTEMS A/S – now
API MAINTENANCE SOLUTION A/S –
FRONTEC DANMARK A/S –
SKF MAINTENANCE SYSTEMS A/S –
A/S PSE 14 NR. 1192 –

Employees per year

Number of employees at API MAINTENANCE SYSTEMS A/S per year11222011: 1120112012: 1020122013: 1520132014: 1520142015: 1620152016: 1720162017: 2220172018: 192018

Other companies at the same address

Similar companies in Randers

Questions and answers about API MAINTENANCE SYSTEMS A/S

Has API MAINTENANCE SYSTEMS A/S gone bankrupt?

No, API MAINTENANCE SYSTEMS A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of API MAINTENANCE SYSTEMS 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 API MAINTENANCE SYSTEMS A/S?

Hellen Maria Stein is the CEO of API MAINTENANCE SYSTEMS A/S.

Who is the auditor of API MAINTENANCE SYSTEMS A/S?

API MAINTENANCE SYSTEMS A/S most recently used KPMG P/S.

When was API MAINTENANCE SYSTEMS A/S founded?

API MAINTENANCE SYSTEMS A/S was founded on 1 August 1988.

What is the equity of API MAINTENANCE SYSTEMS A/S?

Equity was DKK 112.9m 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.