Masine ApS

CVR 20394609 · Private limited company (ApS) · Active · Low risk

Masine ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry ikke-finansielle holdingselskaber. 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 2 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 7.7m and a net result of DKK -435k.

Bankruptcy risk for Masine 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

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×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
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×

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
20394609
Status
Active
Company type
Private limited company (ApS)
Founded
(29 years)
Address
Fabrikvej 19B
8800 Viborg
Municipality
Viborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 263k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 28
Missing annual reportNo
Negative equityNo
Equity ratio97.7%
Current ratio3,523%
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 year20252024
Gross profitDKK -232kDKK -57k
Net profitDKK -435kDKK -287k
EquityDKK 7.7mDKK 8.2m
Total assetsDKK 7.9mDKK 8.3m
CashDKK 62k–
Short-term debtDKK 178k–
Tax owedDKK 707–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025174
1 Oct 2023 – 30 Sep 2024186 Late
1 Oct 2022 – 30 Sep 2023164
1 Oct 2021 – 30 Sep 2022152
1 Oct 2020 – 30 Sep 2021148
1 Oct 2019 – 30 Sep 2020314 Late
1 Oct 2018 – 30 Sep 2019123
1 Oct 2017 – 30 Sep 2018165
1 Oct 2016 – 30 Sep 2017158
1 Oct 2015 – 30 Sep 2016154
1 Oct 2014 – 30 Sep 2015119
1 Oct 2013 – 30 Sep 2014143
1 Oct 2012 – 30 Sep 2013155
1 Oct 2011 – 30 Sep 2012128
1 Oct 2010 – 30 Sep 2011131
1 Oct 2009 – 30 Sep 2010164
1 Oct 2008 – 30 Sep 2009120
1 Oct 2007 – 30 Sep 2008162
1 Oct 2006 – 30 Sep 200771
1 Oct 2005 – 30 Sep 200657

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
CEOViggo Hansen
Owner (100%)Viggo HansenCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorRevisor Axel Udesen
AuditorDANSK REVISION VIBORG REGISTRERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderViggo HansenCurrent

The CEOs' other companies

Viggo Hansen – 17 other companies, of which 1 bankrupt

Address history (2 moves)

Fabrikvej 19B, 8800 Viborg
Egeskovvej 1, 8800 Viborg
Farvervej 13, 8800 Viborg

Former names

Masine ApS – now
DANGLAS HOLDING ApS –
DAN-GLAS HOLDING ApS –

Other companies at the same address

Similar companies in Viborg

Questions and answers about Masine ApS

Has Masine ApS gone bankrupt?

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

What is the bankruptcy risk of Masine 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 auditor of Masine ApS?

Masine ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Masine ApS founded?

Masine ApS was founded on 18 April 1997.

What is the equity of Masine ApS?

Equity was DKK 7.7m 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.