MARTENSEN & KOBBELGAARD ApS

CVR 17142690 · Private limited company (ApS) · Active · Low risk

MARTENSEN & KOBBELGAARD ApS is a Private limited company (ApS), founded on , based in Juelsminde. The company is registered in the industry el-installation. 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 4.0m and a net result of DKK 2.8m. CEO: Kristian Braüner Kobbelgaard, Carsten Damgaard.

Bankruptcy risk for MARTENSEN & KOBBELGAARD 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

No significant risk factors.

Reduces the risk

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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
17142690
Status
Active
Company type
Private limited company (ApS)
Founded
(33 years)
Address
Sønderbakken 21
7130 Juelsminde
Municipality
Hedensted
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 200k
Employees
16 (2018)
Auditor
Status Revision, Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 30
Missing annual reportNo
Negative equityNo
Equity ratio56.4%
Current ratio193%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 11.7mDKK 14.9mDKK 16.1m
Net profitDKK 2.8mDKK 5.0mDKK 4.8m
EquityDKK 4.0mDKK 6.2mDKK 6.0m
Total assetsDKK 7.2mDKK 10.6mDKK 11.0m
CashDKK 843kDKK 2.9m–
Short-term debtDKK 3.1mDKK 4.3m–
Tax owedDKK 841kDKK 1.5m–
Avg. employees016–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Status RevisionGodkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202543
1 Jan 2024 – 31 Dec 202437
1 Jan 2023 – 31 Dec 202338
1 Jan 2022 – 31 Dec 202244
1 Jan 2021 – 31 Dec 202146
1 Jan 2020 – 31 Dec 202043
1 Jan 2019 – 31 Dec 201950
1 Jan 2018 – 31 Dec 201846
1 Jan 2017 – 31 Dec 201733
1 Jan 2016 – 31 Dec 201654
1 Jan 2015 – 31 Dec 201575
1 Jan 2014 – 31 Dec 201483
1 Jan 2013 – 31 Dec 201385
1 Jan 2012 – 31 Dec 201286
1 Jan 2011 – 31 Dec 2011102
1 Jan 2010 – 31 Dec 201081
1 Jan 2009 – 31 Dec 200982
1 Jan 2008 – 31 Dec 2008132
1 Jan 2007 – 31 Dec 200791
1 Jan 2006 – 31 Dec 2006108

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
CEOKristian Braüner KobbelgaardCurrent
CEOCarsten DamgaardCurrent
CEOLars Lundsgaard
CEOBent Ballegaard
BoardLars Lundsgaard
BoardBent Ballegaard
BoardOve Porsgaard
BoardKristian Braüner Kobbelgaard
Owner (25%)Carsten Damgaard Holding ApSCurrent
Owner (50%)KK HOLDING JUELSMINDE ApSCurrent
Owner (10%)Daniel Hjerrild Olsen Holding ApSCurrent
Owner (10%)Kristian Kjærskov Damgaard Holding ApSCurrent
Owner (50%)BENT BALLEGAARD HOLDING AF 2008 ApS
Owner (50%)KK HOLDING JUELSMINDE ApS
Owner (67%)KK HOLDING JUELSMINDE ApS
AuditorStatus Revision, Godkendt RevisionsaktieselskabCurrent
AuditorVRR AF 31.12.1995 ApS
AuditorRevisionskontoret Vejle Trekantens revisionskontor
AuditorVejle Revision og Rådgivning
AuditorMARTINSEN, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
FounderLars LundsgaardCurrent
FounderOve PorsgaardCurrent
FounderBent BallegaardCurrent

The CEOs' other companies

Kristian Braüner Kobbelgaard – 7 other companies

Carsten Damgaard – 1 other companies

Lars Lundsgaard – 2 other companies

Bent Ballegaard – 2 other companies

Address history (3 moves)

Sønderbakken 21, 7130 Juelsminde
Klakring Stationsvej 5, 7130 Juelsminde
Sønderbakken 21, 7130 Juelsminde
Sønderbakken 21, 8700 Horsens

Former names

MARTENSEN & KOBBELGAARD ApS – now
LUNDSGAARD OG MARTENSEN ApS –

Employees per year

Number of employees at MARTENSEN & KOBBELGAARD ApS per year8162011: 1020112012: 920122013: 1120132014: 1120142015: 1220152016: 1220162017: 1220172018: 162018

Other companies at the same address

Similar companies in Hedensted

Questions and answers about MARTENSEN & KOBBELGAARD ApS

Has MARTENSEN & KOBBELGAARD ApS gone bankrupt?

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

What is the bankruptcy risk of MARTENSEN & KOBBELGAARD 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 MARTENSEN & KOBBELGAARD ApS?

Kristian Braüner Kobbelgaard, Carsten Damgaard are the CEOs of MARTENSEN & KOBBELGAARD ApS.

Who is the auditor of MARTENSEN & KOBBELGAARD ApS?

MARTENSEN & KOBBELGAARD ApS most recently used Status Revision, Godkendt Revisionsaktieselskab.

When was MARTENSEN & KOBBELGAARD ApS founded?

MARTENSEN & KOBBELGAARD ApS was founded on 6 August 1993.

What is the equity of MARTENSEN & KOBBELGAARD ApS?

Equity was DKK 4.0m 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.