K 3 PRODUCTION ApS

CVR 20967005 · Private limited company (ApS) · Active · Low risk

K 3 PRODUCTION ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry fremstilling af plader, ark, rør og slanger samt profiler af plast. Our model estimates a bankruptcy risk of 0.1% 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 1.3m and a net result of DKK 807k. CEO: Palle Kastrup Nielsen, Alex Kastrup Nielsen.

Bankruptcy risk for K 3 PRODUCTION ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% 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×
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

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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
20967005
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
c/o Palle Kastrup Nielsen, Spangsbjerg Alle 21
8800 Viborg
Municipality
Viborg
Industry
Fremstilling af plader, ark, rør og slanger samt profiler af plast (222100)
Bankruptcies in the industry: Fremstilling af andre plastprodukter
Share capital
DKK 126k
Employees
0 (2011)
Auditor
RevisionsHuset Viborg v/Leif Aasten
Audit opted out
Yes

Warning signs

Annual reports filed late9 of 28
Missing annual reportNo
Negative equityNo
Equity ratio92.9%
Current ratio1,404%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -18kDKK 63kDKK 122k
Net profitDKK 807kDKK -166kDKK 17k
EquityDKK 1.3mDKK 455kDKK 621k
Total assetsDKK 1.4mDKK 1.8mDKK 1.9m
CashDKK 1.1mDKK 41k–
Short-term debtDKK 97kDKK 789k–
Tax owedDKK 55k––
Avg. employees12–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RevisionsHuset Viborg v/Leif Aasten.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021192 Late
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019189 Late
1 Jan 2018 – 31 Dec 2018134
1 Jan 2017 – 31 Dec 2017148
1 Jan 2016 – 31 Dec 2016116
1 Jan 2015 – 31 Dec 2015134
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011158
1 Jan 2010 – 31 Dec 2010153
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008153
1 Jan 2007 – 31 Dec 2007172
1 Jan 2006 – 31 Dec 2006130

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
CEOPalle Kastrup NielsenCurrent
CEOAlex Kastrup NielsenCurrent
CEOMogens Kastrup Nielsen
Owner (50%)Palle Kastrup NielsenCurrent
Owner (50%)Alex Kastrup NielsenCurrent
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorRevisionshuset - Viborg I/S
AuditorRevisionsfirmaet Lars Olsen Registreret Revisionsaktieselskab
FounderMogens Kastrup NielsenCurrent
FounderPalle Kastrup NielsenCurrent
FounderMogens Kastrup Nielsen

The CEOs' other companies

Mogens Kastrup Nielsen – 3 other companies

Address history (3 moves)

c/o Palle Kastrup Nielsen, Spangsbjerg Alle 21, 8800 Viborg
c/o Palle Kastrup Nielsen, Spangsbjerg Alle 21, 8800 Viborg
Møllegade 4, 9632 Møldrup
Møllegade 4, 9632 Møldrup

Employees per year

Number of employees at K 3 PRODUCTION ApS per year111998: 119981999: 119992000: 120002001: 120012002: 120022003: 120032009: 120092011: 02011

Similar companies in Viborg

Questions and answers about K 3 PRODUCTION ApS

Has K 3 PRODUCTION ApS gone bankrupt?

No, K 3 PRODUCTION ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of K 3 PRODUCTION ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of K 3 PRODUCTION ApS?

Palle Kastrup Nielsen, Alex Kastrup Nielsen are the CEOs of K 3 PRODUCTION ApS.

Who is the auditor of K 3 PRODUCTION ApS?

K 3 PRODUCTION ApS most recently used RevisionsHuset Viborg v/Leif Aasten.

When was K 3 PRODUCTION ApS founded?

K 3 PRODUCTION ApS was founded on 26 June 1998.

What is the equity of K 3 PRODUCTION ApS?

Equity was DKK 1.3m 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.