KVIST AUTOMATION ApS

CVR 12937172 · Private limited company (ApS) · Active · Low risk

KVIST AUTOMATION ApS is a Private limited company (ApS), founded on , based in Aabybro. The company is registered in the industry reparation og vedligeholdelse af elektrisk udstyr. 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 212k and a net result of DKK -230k. CEO: Frank Kvist Iversen.

Bankruptcy risk for KVIST AUTOMATION 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

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
12937172
Status
Active
Company type
Private limited company (ApS)
Founded
(37 years)
Address
Haldagervej 59
9440 Aabybro
Municipality
Jammerbugt
Industry
Reparation og vedligeholdelse af elektrisk udstyr (331400)
Bankruptcies in the industry: Reparation af maskiner
Share capital
DKK 125k
Employees
2 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio30.4%
Current ratio151%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.2mDKK 996k
Net profitDKK -230kDKK 32k
EquityDKK 212kDKK 441k
Total assetsDKK 696kDKK 1.0m
CashDKK 84k–
Short-term debtDKK 462k–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024166
1 Jan 2023 – 31 Dec 2023168
1 Jan 2022 – 31 Dec 2022136
1 Jan 2021 – 31 Dec 202128
1 Jan 2020 – 31 Dec 202091
1 Jan 2019 – 31 Dec 201970
1 Jan 2018 – 31 Dec 201876
1 Jan 2017 – 31 Dec 2017164
1 Jan 2016 – 31 Dec 2016166
1 Jan 2015 – 31 Dec 2015160
1 Jan 2014 – 31 Dec 2014160
1 Jan 2013 – 31 Dec 2013151
1 Jan 2012 – 31 Dec 2012102
1 Jan 2011 – 31 Dec 2011172
1 Jan 2010 – 31 Dec 201090
1 Jan 2009 – 31 Dec 200977
1 Jan 2008 – 31 Dec 2008145
1 Jan 2007 – 31 Dec 2007141
1 Jan 2006 – 31 Dec 2006144

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
CEOFrank Kvist IversenCurrent
CEOAllis Schmidt Iversen
CEOKarsten Iver Kvist Iversen
CEOFrank Kvist Iversen
CEOTrine Juel Werner
Owner (100%)WI HOLDING ApSCurrent
Owner (67%)WI HOLDING ApS
Owner (15%)PMA HOLDING ApS
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderKarsten Iver Kvist IversenCurrent

The CEOs' other companies

Frank Kvist Iversen – 2 other companies

Allis Schmidt Iversen – 1 other companies

Karsten Iver Kvist Iversen – 2 other companies

Trine Juel Werner – 1 other companies

Address history (2 moves)

Haldagervej 59, 9440 Aabybro
Bratbjerg 35, 9460 Brovst
Bratbjerg 35, 9460 Brovst

Former names

KVIST AUTOMATION ApS – now
KARSTEN KVIST IVERSEN HOLDING ApS –

Employees per year

Number of employees at KVIST AUTOMATION ApS per year232011: 320112012: 320122013: 320132014: 220142015: 220152016: 120162017: 220172018: 22018

Other companies at the same address

Similar companies in Jammerbugt

Questions and answers about KVIST AUTOMATION ApS

Has KVIST AUTOMATION ApS gone bankrupt?

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

What is the bankruptcy risk of KVIST AUTOMATION 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 KVIST AUTOMATION ApS?

Frank Kvist Iversen is the CEO of KVIST AUTOMATION ApS.

Who is the auditor of KVIST AUTOMATION ApS?

KVIST AUTOMATION ApS most recently used Beierholm.

When was KVIST AUTOMATION ApS founded?

KVIST AUTOMATION ApS was founded on 1 January 1989.

What is the equity of KVIST AUTOMATION ApS?

Equity was DKK 212k 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.