EDGAR MADSEN FISKEEKSPORT & FILETFABRIK A/S

CVR 20985801 · Public limited company (A/S) · Active · High risk

EDGAR MADSEN FISKEEKSPORT & FILETFABRIK A/S is a Public limited company (A/S), founded on , based in Hvide Sande. The company is registered in the industry engroshandel med fisk og fiskeprodukter. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 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 (31 Dec 2025) shows equity of DKK -4.4m and a net result of DKK -1.0m.

Bankruptcy risk for EDGAR MADSEN FISKEEKSPORT & FILETFABRIK A/S

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
20985801
Status
Active
Company type
Public limited company (A/S)
Founded
(28 years)
Address
Metheasvej 10
6960 Hvide Sande
Municipality
Ringkøbing-Skjern
Industry
Engroshandel med fisk og fiskeprodukter (463220)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 5.0m
Employees
10 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 28
Missing annual reportNo
Negative equityYes
Equity ratio-304.3%
Current ratio93%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.6mDKK 2.1mDKK 5.9m
Net profitDKK -1.0mDKK -1.2mDKK 2.8m
EquityDKK -4.4mDKK -3.4mDKK -2.2m
Total assetsDKK 1.5mDKK 2.8mDKK 3.9m
CashDKK 85kDKK 317k–
Short-term debtDKK 1.3mDKK 1.7m–
Avg. employees78–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025184 Late
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021165
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 201987
1 Jan 2018 – 31 Dec 2018170
1 Jan 2017 – 31 Dec 2017169
1 Jan 2016 – 31 Dec 2016137
1 Jan 2015 – 31 Dec 2015154
1 Jan 2014 – 31 Dec 2014183
1 Jan 2013 – 31 Dec 2013174
1 Jan 2012 – 31 Dec 2012180
1 Jan 2011 – 31 Dec 2011173
1 Jan 2010 – 31 Dec 2010130
1 Jan 2009 – 31 Dec 2009161
1 Jan 2008 – 31 Dec 200889
1 Jan 2007 – 31 Dec 200772
1 Jan 2006 – 31 Dec 2006133

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
CEOEster Johnsen Madsen
BoardEster Johnsen MadsenCurrent
BoardHelga Høj MadsenCurrent
BoardHelga Høj Madsen
BoardPreben Johnsen Høj
BoardHans Pinnerup Nielsen
Owner (100%)ESTER MADSEN HOLDING ApSCurrent
AuditorN44 ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderEster Johnsen MadsenCurrent

The CEOs' other companies

Ester Johnsen Madsen – 1 other companies

Address history (2 moves)

Metheasvej 10, 6960 Hvide Sande
Metheasvej 10, 6960 Hvide Sande
Metheasvej 10, 6960 Hvide Sande

Employees per year

Number of employees at EDGAR MADSEN FISKEEKSPORT & FILETFABRIK A/S per year16312011: 2920112012: 3120122013: 2920132014: 2420142015: 1520152016: 920162017: 1120172018: 102018

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about EDGAR MADSEN FISKEEKSPORT & FILETFABRIK A/S

Has EDGAR MADSEN FISKEEKSPORT & FILETFABRIK A/S gone bankrupt?

No, EDGAR MADSEN FISKEEKSPORT & FILETFABRIK A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of EDGAR MADSEN FISKEEKSPORT & FILETFABRIK A/S?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the auditor of EDGAR MADSEN FISKEEKSPORT & FILETFABRIK A/S?

EDGAR MADSEN FISKEEKSPORT & FILETFABRIK A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was EDGAR MADSEN FISKEEKSPORT & FILETFABRIK A/S founded?

EDGAR MADSEN FISKEEKSPORT & FILETFABRIK A/S was founded on 29 June 1998.

What is the equity of EDGAR MADSEN FISKEEKSPORT & FILETFABRIK A/S?

Equity was DKK -4.4m 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.