MASKINFABRIKKEN APOLLO A/S

CVR 19213684 · Public limited company (A/S) · Active · Low risk

MASKINFABRIKKEN APOLLO A/S is a Public limited company (A/S), founded on , based in Brande. The company is registered in the industry fremstilling af andre maskiner til specielle formål i.a.n.. 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 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 4.6m and a net result of DKK 328k.

Bankruptcy risk for MASKINFABRIKKEN APOLLO A/S

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

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×

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
19213684
Status
Active
Company type
Public limited company (A/S)
Founded
(30 years)
Address
Industrivej 2
7330 Brande
Municipality
Ikast-Brande
Industry
Fremstilling af andre maskiner til specielle formål i.a.n. (289900)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 700k
Employees
11 (2018)
Auditor
Kreston SR STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late5 of 30
Missing annual reportNo
Negative equityNo
Equity ratio83.2%
Current ratio556%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.5mDKK 3.8mDKK 4.4m
Net profitDKK 328kDKK 211kDKK 703k
EquityDKK 4.6mDKK 4.5mDKK 5.0m
Total assetsDKK 5.5mDKK 5.2mDKK 6.3m
CashDKK 3.4mDKK 2.5m–
Short-term debtDKK 929kDKK 766k–
Avg. employees56–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Kreston SR.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025191 Late
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022190 Late
1 Jan 2021 – 31 Dec 2021160
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019169
1 Jan 2018 – 31 Dec 2018168
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016157
1 Jan 2015 – 31 Dec 2015159
1 Jan 2014 – 31 Dec 2014162
1 Jan 2013 – 31 Dec 2013169
1 Jan 2012 – 31 Dec 2012162
1 Jan 2011 – 31 Dec 2011164
1 Jan 2010 – 31 Dec 2010174
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 2008159
1 Jan 2007 – 31 Dec 2007171
1 Jan 2006 – 31 Dec 200673

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
CEOAxel Vesterager Madsen
BoardSøren Vesterager MadsenCurrent
BoardKrista MadsenCurrent
BoardRikke Søndergård MadsenCurrent
BoardHelle Søndergård MadsenCurrent
BoardKasper Vesterager MadsenCurrent
BoardAxel Vesterager Madsen
BoardElse Mikael Madsen
BoardKrista Madsen
Owner (100%)SVM GROUP ApSCurrent
Owner (25%)E & AVM 2004 ApS
Owner (25%)MASKINFABRIKKEN APOLLO A/S
AuditorKreston SR STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorOrla Flemming Bek
AuditorKPMG C.JESPERSEN STATSAUTORISEREDE REVISORER
AuditorEY Godkendt Revisionspartnerselskab
FounderAxel Vesterager MadsenCurrent

The CEOs' other companies

Axel Vesterager Madsen – 4 other companies

Address history (1 moves)

Industrivej 2, 7330 Brande
Industrivej 2, 7330 Brande

Employees per year

Number of employees at MASKINFABRIKKEN APOLLO A/S per year6122011: 1220112012: 1020122013: 1120132014: 1120142015: 1020152016: 1220162017: 1120172018: 112018

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about MASKINFABRIKKEN APOLLO A/S

Has MASKINFABRIKKEN APOLLO A/S gone bankrupt?

No, MASKINFABRIKKEN APOLLO A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MASKINFABRIKKEN APOLLO 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 auditor of MASKINFABRIKKEN APOLLO A/S?

MASKINFABRIKKEN APOLLO A/S most recently used Kreston SR STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was MASKINFABRIKKEN APOLLO A/S founded?

MASKINFABRIKKEN APOLLO A/S was founded on 9 April 1996.

What is the equity of MASKINFABRIKKEN APOLLO A/S?

Equity was DKK 4.6m 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.