BTM HOLDING ApS
CVR 21609579 · Private limited company (ApS) · Active · Low risk
BTM HOLDING ApS is a Private limited company (ApS), founded on , based in Skjern. 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. The latest annual report (31 Dec 2025) shows equity of DKK 21.3m and a net result of DKK 2.5m. CEO: Torben Axel Madsen.
Bankruptcy risk for BTM HOLDING ApS
0.0 × the average (1.41%) · higher risk than 0% of active Danish companies
Increases the risk
No significant risk factors.
Reduces the risk
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
- 21609579
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (27 years)
- Address
- Oldager Allé 51
6900 Skjern - Municipality
- Ringkøbing-Skjern
- Industry
- Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 200k
- Auditor
- Cedra Godkendt Revisionsaktieselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 27 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 97.3% |
| Current ratio | 2,453% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 1 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -14k | DKK -22k | DKK -23k |
| Net profit | DKK 2.5m | DKK 2.1m | DKK 3.2m |
| Equity | DKK 21.3m | DKK 17.9m | DKK 16.9m |
| Total assets | DKK 21.9m | DKK 18.2m | DKK 18.0m |
| Cash | DKK 3.0m | DKK 1.3m | – |
| Short-term debt | DKK 536k | DKK 289k | – |
| Tax owed | – | DKK 0 | – |
| Avg. employees | 0 | – | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Roesgaard.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 110 | ||
| 1 Jan 2024 – 31 Dec 2024 | 114 | ||
| 1 Jan 2023 – 31 Dec 2023 | 80 | ||
| 1 Jan 2022 – 31 Dec 2022 | 130 | ||
| 1 Jan 2021 – 31 Dec 2021 | 80 | ||
| 1 Jan 2020 – 31 Dec 2020 | 85 | ||
| 1 Jan 2019 – 31 Dec 2019 | 113 | ||
| 1 Jan 2018 – 31 Dec 2018 | 119 | ||
| 1 Jan 2017 – 31 Dec 2017 | 72 | ||
| 1 Jan 2016 – 31 Dec 2016 | 113 | ||
| 1 Jan 2015 – 31 Dec 2015 | 125 | ||
| 1 Jan 2014 – 31 Dec 2014 | 111 | ||
| 1 Jan 2013 – 31 Dec 2013 | 144 | ||
| 1 Jan 2012 – 31 Dec 2012 | 159 | ||
| 1 Jan 2011 – 31 Dec 2011 | 157 | ||
| 1 Jan 2010 – 31 Dec 2010 | 144 | ||
| 1 Jan 2009 – 31 Dec 2009 | 140 | ||
| 1 Jan 2008 – 31 Dec 2008 | 148 | ||
| 1 Jan 2007 – 31 Dec 2007 | 148 | ||
| 1 Oct 2005 – 30 Sep 2006 | 68 |
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 | Torben Axel Madsen | Current | |
| Owner (20%) | Torben Axel Madsen | Current | |
| Owner (20%) | Simon Beck Madsen | Current | |
| Owner (20%) | Jacob Beck Madsen | Current | |
| Owner (20%) | Malene Beck Drejer | Current | |
| Owner (20%) | Louise Beck Koefoed Olsen | Current | |
| Owner (100%) | Torben Axel Madsen | ||
| Auditor | Cedra Godkendt Revisionsaktieselskab | Current | |
| Auditor | PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | Torben Axel Madsen | Current |
The CEOs' other companies
Torben Axel Madsen – 7 other companies, of which 1 bankrupt
- SELSKABET AF 3. APRIL 2012 A/S Bankrupt 12 Apr 2012
- BB Ejendomme Skjern ApS Active
- DAMGÅRDSVEJ 54. HERNING ApS Fusioneret
- DK TRAPPER ApS Active
- JGS HOLDING ApS Active
- SCAN-TRAPPER A/S Active
- T.M. STÅL OG MONTAGE ApS Opløst
Address history (3 moves)
| Oldager Allé 51, 6900 Skjern | |
| Præstegårdsvej 76, 6900 Skjern | |
| Præstegårdsvej 76, 6900 Skjern | |
| Industrivej 11, 6900 Skjern |
Other companies at the same address
- BB Ejendomme Skjern ApS Active
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Questions and answers about BTM HOLDING ApS
Has BTM HOLDING ApS gone bankrupt?
No, BTM HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of BTM HOLDING 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 CEO of BTM HOLDING ApS?
Torben Axel Madsen is the CEO of BTM HOLDING ApS.
Who is the auditor of BTM HOLDING ApS?
BTM HOLDING ApS most recently used Cedra Godkendt Revisionsaktieselskab.
When was BTM HOLDING ApS founded?
BTM HOLDING ApS was founded on 16 December 1998.
What is the equity of BTM HOLDING ApS?
Equity was DKK 21.3m 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.