JMF SANDVAD SMEDIE ApS

Q: Has JMF SANDVAD SMEDIE ApS gone bankrupt?

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

Q: What is the bankruptcy risk of JMF SANDVAD SMEDIE ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Q: Who is the CEO of JMF SANDVAD SMEDIE ApS?

Steen Quorning is the CEO of JMF SANDVAD SMEDIE ApS.

Q: When was JMF SANDVAD SMEDIE ApS founded?

JMF SANDVAD SMEDIE ApS was founded on 1 April 1998.

Q: What is the equity of JMF SANDVAD SMEDIE ApS?

Equity was DKK -114k according to the annual report for the period ending 30 September 2025.

CVR 20955678 · Private limited company (ApS) · Active · High risk

JMF SANDVAD SMEDIE ApS is a Private limited company (ApS), founded on 1 April 1998, based in Nørre Snede. The company is registered in the industry maskinforarbejdning af metal. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 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 -114k and a net result of DKK 0. CEO: Steen Quorning.

Bankruptcy risk for JMF SANDVAD SMEDIE ApS

3.4%

probability of bankruptcy within 12 months

High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×

Equity ratio< -50% · bankruptcy rate 19.3%2.2×

Negative equityYes · bankruptcy rate 17.5%2.0×

Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Audit opted outYes · bankruptcy rate 10.4%1.2×

Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×

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×

CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

Loss for the yearNo · bankruptcy rate 5.3%0.60×

Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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: 20955678
Status: Active
Company type: Private limited company (ApS)
Founded: 1 April 1998 (28 years)
Address: Vejlevej 87
8766 Nørre Snede
Municipality: Ikast-Brande
Industry: Maskinforarbejdning af metal (255300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital: DKK 125k
Employees: 1 (2005)
Audit opted out: Yes

Warning signs

Annual reports filed late	9 of 27
Missing annual report	No
Negative equity	Yes
Equity ratio	-11,438,800.0%
Current ratio	0%
Moves (last 2 years)	0
CEO changes in total	8
CEO's previous bankruptcies	0
Other companies at the address	3
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK 0	DKK 0	DKK 0
Net profit	DKK 0	DKK 0	DKK 0
Equity	DKK -114k	DKK -114k	DKK -114k
Total assets	DKK 1	DKK 1	DKK 1
Cash	DKK 0	DKK 0	–
Short-term debt	DKK 114k	DKK 114k	–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting period	Published	Days after period end
1 Oct 2024 – 30 Sep 2025	26 Mar 2026	177
1 Oct 2023 – 30 Sep 2024	30 Mar 2025	181
1 Oct 2022 – 30 Sep 2023	3 Apr 2024	186	Late
1 Oct 2021 – 30 Sep 2022	31 Mar 2023	182
1 Oct 2020 – 30 Sep 2021	28 Feb 2022	151
1 Oct 2019 – 30 Sep 2020	31 Jan 2021	123
1 Oct 2018 – 30 Sep 2019	4 Feb 2020	127
1 Oct 2017 – 30 Sep 2018	28 Feb 2019	151
1 Oct 2016 – 30 Sep 2017	27 Feb 2018	150
1 Oct 2015 – 30 Sep 2016	28 Feb 2017	151
1 Oct 2014 – 30 Sep 2015	29 Feb 2016	152
1 Oct 2013 – 30 Sep 2014	4 Mar 2015	155
1 Oct 2012 – 30 Sep 2013	17 Mar 2014	168
1 Oct 2011 – 30 Sep 2012	22 Mar 2013	173
1 Oct 2010 – 30 Sep 2011	18 Mar 2012	170
1 Oct 2009 – 30 Sep 2010	14 Mar 2011	165
1 Oct 2008 – 30 Sep 2009	25 Feb 2010	148
1 Oct 2007 – 30 Sep 2008	29 Mar 2009	180
1 Oct 2006 – 30 Sep 2007	14 Jun 2008	258	Late
1 Oct 2005 – 30 Sep 2006	28 Feb 2007	151

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	Steen Quorning	28 Sep 2005	Current
CEO	Preben Bang Henriksen	1 Apr 1998	23 Sep 1998
CEO	Morten Skjødt	23 Sep 1998	28 Sep 2005
CEO	Jørgen Klitgaard Friis	23 Sep 1998	20 Feb 2002
CEO	Flemming Elling Pedersen	15 Nov 2000	28 Feb 2003
Owner (100%)	Steen Quorning	25 Feb 2011	Current
Auditor	Harry Aamann	1 Apr 1998	23 Sep 1998
Auditor	SERVICE CENTER SANDVAD ApS	23 Sep 1998	30 Sep 2004
Auditor	PETTERSON & CO ApS	4 Oct 2004	26 Mar 2009
Founder	PREBEN BANG HENRIKSEN. AALBORG ApS	1 Apr 1998	Current

The CEOs' other companies

Steen Quorning – 3 other companies

Q-REVISION, REGISTRERET REVISIONSANPARTSSELSKAB Active
SERVICE CENTER SANDVAD ApS Active
VEJLEVEJ 87 NR. SNEDE ApS Active

Preben Bang Henriksen – 46 other companies, of which 46 bankrupt

"PROFIL MEDIA-MARKETING ApS" Bankrupt 1 Mar 1993
"TRÆMANNEN" K.P.M. BYG ApS Bankrupt 16 Dec 2008
'MANTIS SEAFOOD ApS' Bankrupt 3 Sep 2001
1. EDITION ApS Bankrupt 4 May 2010
12.11.2007 A/S Bankrupt 9 Jun 2008
18. JUNI 1999A A/S Bankrupt 31 Aug 1999
18.12.2015 SLVRGD A/S Bankrupt 12 May 2016
1EEUROPE SCANDINAVIA A/S Bankrupt 29 Nov 2002
21. juli-selskabet ApS Bankrupt 18 Aug 2016
21330299 ApS Bankrupt 8 Jun 2015
24-001157 VB A/S Bankrupt 7 May 1998
26939623 ApS Bankrupt 8 May 2017
2E BYGGE & EJENDOMSSELSKAB ApS Bankrupt 19 Dec 2001
3 R-TEKNIK ApS Bankrupt 21 Nov 2002
92E346 ApS Bankrupt 27 Feb 2020
A & P HANDEL ApS Bankrupt 11 Nov 2003
A - Z ERHVERV ApS Bankrupt 9 Feb 2004
A B M FOOD ApS Bankrupt 12 Sep 2006
A L KONFEKTION ApS Bankrupt 29 Aug 1990
A TRANSPORT AF 1988 A/S Bankrupt 4 Jan 2007
A&C GRUPPEN ApS Bankrupt 8 Jul 2009
A-HOLDING ApS Bankrupt 24 Feb 2009
A-Z VIKAR ApS Bankrupt 3 Sep 2008
A. BIRKHOLM & SØNNER ApS Bankrupt 25 Aug 1994
A. GILBRO A/S Bankrupt 13 Dec 2010
A. M. SMEDE OG VVS FIRMA ApS Bankrupt 21 Aug 1990
A.A. AUTO IMPORT - EKSPORT ApS Bankrupt 29 Aug 1995
A.A. SERVICE OG TANKLAGER ApS Bankrupt 12 Mar 2026
A.A.SERVICE OG TRANSPORT HOLDING ApS Bankrupt 12 Mar 2026
A.T. TAG ApS Bankrupt 1 Dec 2008

Jørgen Klitgaard Friis – 1 other companies

VEJLEVEJ 87 NR. SNEDE ApS Active

Flemming Elling Pedersen – 1 other companies

VEJLEVEJ 87 NR. SNEDE ApS Active

Address history (1 moves)

1 Jan 2007	Vejlevej 87, 8766 Nørre Snede
1 Apr 1998	Vejlevej 87, 8766 Nørre Snede

Former names

JMF SANDVAD SMEDIE ApS	24 Sep 1998 – now
PBH 26.272 ApS	1 Apr 1998 – 23 Sep 1998

Employees per year

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about JMF SANDVAD SMEDIE ApS

Has JMF SANDVAD SMEDIE ApS gone bankrupt?

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

What is the bankruptcy risk of JMF SANDVAD SMEDIE ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of JMF SANDVAD SMEDIE ApS?

Steen Quorning is the CEO of JMF SANDVAD SMEDIE ApS.

When was JMF SANDVAD SMEDIE ApS founded?

JMF SANDVAD SMEDIE ApS was founded on 1 April 1998.

What is the equity of JMF SANDVAD SMEDIE ApS?

Equity was DKK -114k 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.