SKALS SMEDE- OG MASKINFORRETNING ApS

CVR 14938575 · Private limited company (ApS) · Active · Low risk

SKALS SMEDE- OG MASKINFORRETNING ApS is a Private limited company (ApS), founded on , based in Skals. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. 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 10 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 200k and a net result of DKK -57k. CEO: Stig Ulbjerg Damsgaard.

Bankruptcy risk for SKALS SMEDE- OG MASKINFORRETNING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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
14938575
Status
Active
Company type
Private limited company (ApS)
Founded
(35 years)
Address
Vesterled 18
8832 Skals
Municipality
Viborg
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late15 of 31
Missing annual reportNo
Negative equityNo
Equity ratio98.3%
Current ratio5,892%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -55kDKK -80kDKK -50k
Net profitDKK -57kDKK -81kDKK -52k
EquityDKK 200kDKK 258kDKK 339k
Total assetsDKK 204kDKK 296kDKK 384k
CashDKK 2,951DKK 80k–
Short-term debtDKK 3,459DKK 38k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025196 Late
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022200 Late
1 Jan 2021 – 31 Dec 2021194 Late
1 Jan 2020 – 31 Dec 2020195 Late
1 Jan 2019 – 31 Dec 2019247 Late
1 Jan 2018 – 31 Dec 2018164
1 Jan 2017 – 31 Dec 2017164
1 Jan 2016 – 31 Dec 2016172
1 Jan 2015 – 31 Dec 2015186 Late
1 Jan 2014 – 31 Dec 2014184 Late
1 Jan 2013 – 31 Dec 2013170
1 Jan 2012 – 31 Dec 2012160
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010166
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008182
1 Jan 2007 – 31 Dec 2007218 Late
1 Jan 2006 – 31 Dec 2006168

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
CEOStig Ulbjerg DamsgaardCurrent
Owner (100%)Stig Ulbjerg DamsgaardCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorE. OG L. BENNEDSEN ApS
AuditorHenning Grøndahl Borregaard
FounderStig Ulbjerg DamsgaardCurrent

The CEOs' other companies

Stig Ulbjerg Damsgaard – 1 other companies

Address history (1 moves)

Vesterled 18, 8832 Skals
Vesterled 18, 8832 Skals

Employees per year

Number of employees at SKALS SMEDE- OG MASKINFORRETNING ApS per year122011: 120112012: 020122013: 020132014: 120142015: 120152016: 220162017: 020172018: 02018

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Questions and answers about SKALS SMEDE- OG MASKINFORRETNING ApS

Has SKALS SMEDE- OG MASKINFORRETNING ApS gone bankrupt?

No, SKALS SMEDE- OG MASKINFORRETNING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of SKALS SMEDE- OG MASKINFORRETNING 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 SKALS SMEDE- OG MASKINFORRETNING ApS?

Stig Ulbjerg Damsgaard is the CEO of SKALS SMEDE- OG MASKINFORRETNING ApS.

When was SKALS SMEDE- OG MASKINFORRETNING ApS founded?

SKALS SMEDE- OG MASKINFORRETNING ApS was founded on 27 March 1991.

What is the equity of SKALS SMEDE- OG MASKINFORRETNING ApS?

Equity was DKK 200k 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.