FGM A/S
CVR 17441205 · Public limited company (A/S) · Active · Low risk
FGM A/S is a Public limited company (A/S), founded on , based in Faaborg. The company is registered in the industry fremstilling af landbrugs- og skovbrugsmaskiner. 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 (30 Sep 2025) shows equity of DKK 6.6m and a net result of DKK 2.0m. CEO: Ulrik Rasmussen.
Bankruptcy risk for FGM A/S
0.0 × the average (1.41%) · higher risk than 18% of active Danish companies
Increases the risk
No significant risk factors.
Reduces the risk
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
- 17441205
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (32 years)
- Address
- Smedemestervej 1
5600 Faaborg - Municipality
- Faaborg-Midtfyn
- Industry
- Fremstilling af landbrugs- og skovbrugsmaskiner (283000)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n. - Share capital
- DKK 501k
- Employees
- 12 (2018)
- Auditor
- REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 30 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 36.0% |
| Current ratio | 163% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 6 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 8 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 11.1m | DKK 13.3m |
| Net profit | DKK 2.0m | DKK 3.4m |
| Equity | DKK 6.6m | DKK 7.6m |
| Total assets | DKK 18.4m | DKK 19.2m |
| Cash | DKK 2.7m | – |
| Short-term debt | DKK 8.5m | – |
| Avg. employees | 11 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revision & Råd, Statsautoriseret Revisionsaktieselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Oct 2024 – 30 Sep 2025 | 63 | ||
| 1 Oct 2023 – 30 Sep 2024 | 48 | ||
| 1 Oct 2022 – 30 Sep 2023 | 45 | ||
| 1 Oct 2021 – 30 Sep 2022 | 76 | ||
| 1 Oct 2020 – 30 Sep 2021 | 74 | ||
| 1 Oct 2019 – 30 Sep 2020 | 57 | ||
| 1 Oct 2018 – 30 Sep 2019 | 59 | ||
| 1 Oct 2017 – 30 Sep 2018 | 52 | ||
| 1 Oct 2016 – 30 Sep 2017 | 48 | ||
| 1 Oct 2015 – 30 Sep 2016 | 69 | ||
| 1 Oct 2014 – 30 Sep 2015 | 83 | ||
| 1 Oct 2013 – 30 Sep 2014 | 72 | ||
| 1 Oct 2012 – 30 Sep 2013 | 66 | ||
| 1 Oct 2011 – 30 Sep 2012 | 67 | ||
| 1 Oct 2010 – 30 Sep 2011 | 110 | ||
| 1 Oct 2009 – 30 Sep 2010 | 158 | ||
| 1 Oct 2008 – 30 Sep 2009 | 62 | ||
| 1 Oct 2007 – 30 Sep 2008 | 37 | ||
| 1 Oct 2006 – 30 Sep 2007 | 67 | ||
| 1 Oct 2005 – 30 Sep 2006 | 72 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Ulrik Rasmussen | Current | |
| CEO | Keld Aage Nielsen | ||
| CEO | Karl Ove Gammelgaard | ||
| CEO | Jakob Pilegaard Nielsen | ||
| Board | Ulrik Rasmussen | Current | |
| Board | Jakob Pilegaard Nielsen | Current | |
| Board | Trond Myrhaug | Current | |
| Board | Leif Jørgensen | ||
| Board | Leo Langeskov Jørgensen | ||
| Board | Keld Aage Nielsen | ||
| Board | Niels-Frank Nielsen | ||
| Board | Karl Ove Gammelgaard | ||
| Board | Leo Langeskov Jørgensen | ||
| Board | Jakob Pilegaard Nielsen | ||
| Board | Morten Jensen | ||
| Owner (33%) | JPN HOLDING ApS | Current | |
| Owner (33%) | U. RASMUSSEN HOLDING ApS | Current | |
| Owner (33%) | Elceta Invest AS | Current | |
| Auditor | REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | Finn Madsen | ||
| Auditor | LEO OLSEN & DALGAARD STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | FER Fyns Erhvervsrevision I/S | ||
| Auditor | PK INVESTERINGER APS | ||
| Auditor | R&R STATSAUTORISERET REVISIONSANPARTSSELSKAB | ||
| Founder | Niels-Frank Nielsen | Current | |
| Founder | Morten Jensen | Current | |
| Founder | F G M LEASING ApS | Current |
The CEOs' other companies
Ulrik Rasmussen – 4 other companies, of which 1 bankrupt
- FAABORG-MIDTFYN ELITE-HÅNDBOLD A/S Bankrupt 16 May 2012
- FGM Ejendomme ApS Active
- FGM US ApS Active
- U. RASMUSSEN HOLDING ApS Active
Keld Aage Nielsen – 3 other companies
- BENT KNUDSEN, NR. ESTERBØLLE ApS Opløst
- F G M LEASING ApS Opløst
- LN MASKINER ApS Active
Karl Ove Gammelgaard – 2 other companies
- FGM HOLDING ApS Fusioneret
- KARL OVE GAMMELGAARD HOLDING ApS Active
Jakob Pilegaard Nielsen – 2 other companies
- FGM Ejendomme ApS Active
- JPN HOLDING ApS Active
Address history (2 moves)
| Smedemestervej 1, 5600 Faaborg | |
| Østergyden 1A, 5600 Faaborg | |
| Østergyden 1A, 5600 Faaborg |
Former names
| FGM A/S | – now |
| FYNS GARTNERIMASKINER A/S | – |
Employees per year
Other companies at the same address
- FA. STORM A/S Bankrupt
- POUL-ERIK INGEMAN ApS Bankrupt
- STORM CONTAINER ApS Bankrupt
- Storm & Co Produktion ApS Bankrupt
- Stålserv ApS Bankrupt
- DANISH CONTAINER COMPANY IVS Compulsorily dissolved
- FGM Ejendomme ApS Active
- FGM US ApS Active
Similar companies in Faaborg-Midtfyn
- STÅL & PLAST A/S Ringe
- J. K. MASKINSALG A/S Broby
Questions and answers about FGM A/S
Has FGM A/S gone bankrupt?
No, FGM A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of FGM 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 FGM A/S?
Ulrik Rasmussen is the CEO of FGM A/S.
Who is the auditor of FGM A/S?
FGM A/S most recently used REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was FGM A/S founded?
FGM A/S was founded on 6 December 1993.
What is the equity of FGM A/S?
Equity was DKK 6.6m 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.