VARO SPECIALMASKINER A/S

CVR 20043830 · Public limited company (A/S) · Active · Low risk

VARO SPECIALMASKINER A/S is a Public limited company (A/S), founded on , based in Hornslet. The company is registered in the industry fremstilling af andet elektrisk udstyr. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 44.3m and a net result of DKK 13.5m. CEO: Arne Lundfold Bjerring.

Bankruptcy risk for VARO SPECIALMASKINER A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Dissolution warning from the Business AuthorityYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
20043830
Status
Active
Company type
Public limited company (A/S)
Founded
(29 years)
Address
Sortevej 12
8543 Hornslet
Municipality
Syddjurs
Industry
Fremstilling af andet elektrisk udstyr (279000)
Bankruptcies in the industry: Fremstilling af andet elektrisk udstyr
Share capital
DKK 2.3m
Employees
74 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 28
Missing annual reportNo
Negative equityNo
Equity ratio40.5%
Current ratio125%
Moves (last 2 years)1
CEO changes in total10
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 69.7mDKK 40.6m
Net profitDKK 13.5mDKK -1.6m
EquityDKK 44.3mDKK 30.4m
Total assetsDKK 109.4mDKK 84.3m
CashDKK 6.9m–
Short-term debtDKK 53.6m–
Avg. employees84–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025156
1 Oct 2023 – 30 Sep 2024178
1 Oct 2022 – 30 Sep 2023125
1 Oct 2021 – 30 Sep 202282
1 Oct 2020 – 30 Sep 202182
1 Oct 2019 – 30 Sep 202077
1 Oct 2018 – 30 Sep 201980
1 Oct 2017 – 30 Sep 201880
1 Oct 2016 – 30 Sep 201781
1 Oct 2015 – 30 Sep 201680
1 Oct 2014 – 30 Sep 201582
1 Oct 2013 – 30 Sep 201480
1 Oct 2012 – 30 Sep 2013151
1 Oct 2011 – 30 Sep 201273
1 Oct 2010 – 30 Sep 2011152
1 Oct 2009 – 30 Sep 201087
1 Oct 2008 – 30 Sep 200982
1 Oct 2007 – 30 Sep 200879
1 Oct 2006 – 30 Sep 200795
1 Oct 2005 – 30 Sep 2006162

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
CEOArne Lundfold BjerringCurrent
CEOVictor Christoffersen
CEOFlemming Kristensen
CEONiels Jensen
CEOPoul Erik Hyldig Boll
CEOMichael Strand Grue
CEOFlemming Kristensen
BoardHenrik Rudy OlsenCurrent
BoardKim HansenCurrent
BoardAnne WillemoesCurrent
BoardJulia Geier NielsenCurrent
BoardBo VestergaardCurrent
BoardVictor Christoffersen
BoardSebastian Benjamin Bahn Christoffersen
BoardHelen Mimi Janniche
BoardFlemming Kristensen
BoardJohannes Madsen-Mygdal
BoardSvend Erik Sørensen Prang
BoardErik Hejlskov Rasmussen
BoardNiels Jensen
BoardSteen Rasmussen
BoardKarsten Brammer
BoardMichael Strand Grue
BoardFlemming Kristensen
BoardSvend Erik Sørensen Prang
BoardPoul Erik Hyldig Boll
BoardPeter Nielsen
BoardJesper Schmidt
BoardJørgen Søgaard Iversen
BoardMichael Strand Grue
BoardLars Rathje
BoardHelge Løkke Leth
BoardHenning Jakobsen
BoardFlemming Kristensen
BoardSteen Lindebjerg Tønnes
BoardSvend Erik Sørensen Prang
BoardBent Just Petersen
BoardHelge Løkke Leth
Owner (67%)NILEDA HOLDING ApSCurrent
Owner (0%)Michael Strand GrueCurrent
Owner (10%)Flemming KristensenCurrent
Owner (10%)Arne Lundfold BjerringCurrent
Owner (20%)Flemming Kristensen
Owner (0%)Arne Uttrup Christensen
Owner (0%)Arne Lundfold Bjerring
Owner (5%)Arne Lundfold Bjerring
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorNis Jørn Bennetzen
AuditorJan Esholm Jensen
Auditor3 STK ApS
Auditor3 STK ApS
FounderVICTOR CHRISTOFFERSEN ApSCurrent

The CEOs' other companies

Arne Lundfold Bjerring – 3 other companies

Victor Christoffersen – 45 other companies, of which 45 bankrupt

Flemming Kristensen – 8 other companies

Niels Jensen – 30 other companies, of which 4 bankrupt

Poul Erik Hyldig Boll – 11 other companies, of which 2 bankrupt

Michael Strand Grue – 9 other companies

Address history (3 moves)

Sortevej 12, 8543 Hornslet
Sletten 8, 8543 Hornslet
Tingvej 34, 8543 Hornslet
Tingvej 34, 8543 Hornslet

Former names

VARO SPECIALMASKINER A/S – now
VARO SPECIALMASKINER AF 1.10.1997 A/S –
VICH 5035 A/S –

Employees per year

Number of employees at VARO SPECIALMASKINER A/S per year37742011: 6620112012: 6420122013: 5320132014: 5420142015: 6120152016: 6720162017: 7320172018: 742018

Other companies at the same address

Similar companies in Syddjurs

Questions and answers about VARO SPECIALMASKINER A/S

Has VARO SPECIALMASKINER A/S gone bankrupt?

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

What is the bankruptcy risk of VARO SPECIALMASKINER A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of VARO SPECIALMASKINER A/S?

Arne Lundfold Bjerring is the CEO of VARO SPECIALMASKINER A/S.

Who is the auditor of VARO SPECIALMASKINER A/S?

VARO SPECIALMASKINER A/S most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was VARO SPECIALMASKINER A/S founded?

VARO SPECIALMASKINER A/S was founded on 1 April 1997.

What is the equity of VARO SPECIALMASKINER A/S?

Equity was DKK 44.3m 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.