MARTIN BILLESCHOU ApS

CVR 22929518 · Private limited company (ApS) · Active · Low risk

MARTIN BILLESCHOU ApS is a Private limited company (ApS), founded on , based in Esbjerg Ø. The company is registered in the industry tilhugning, tilskæring og færdigbearbejdning af sten. 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 (31 Dec 2025) shows equity of DKK 7.1m and a net result of DKK -33k. CEO: Martin Bo Billeschou, Troels Billeschou.

Bankruptcy risk for MARTIN BILLESCHOU ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
22929518
Status
Active
Company type
Private limited company (ApS)
Founded
(50 years)
Address
Kvaglundvej 94
6705 Esbjerg Ø
Municipality
Esbjerg
Industry
Tilhugning, tilskæring og færdigbearbejdning af sten (237000)
Bankruptcies in the industry: Fremstilling af byggematerialer af beton
Share capital
DKK 500k
Employees
15 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late8 of 31
Missing annual reportNo
Negative equityNo
Equity ratio59.8%
Current ratio361%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.8mDKK 6.1mDKK 6.1m
Net profitDKK -33kDKK -160kDKK -238k
EquityDKK 7.1mDKK 7.1mDKK 7.3m
Total assetsDKK 11.9mDKK 11.8mDKK 12.2m
CashDKK 614kDKK 317k–
Short-term debtDKK 2.1mDKK 1.7m–
Avg. employees1213–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022186 Late
1 Oct 2020 – 31 Dec 2021182
1 Oct 2019 – 30 Sep 2020132
1 Oct 2018 – 30 Sep 2019148
1 Oct 2017 – 30 Sep 2018157
1 Oct 2016 – 30 Sep 2017152
1 Oct 2015 – 30 Sep 201698
1 Oct 2014 – 30 Sep 2015133
1 Oct 2013 – 30 Sep 2014133
1 Oct 2012 – 30 Sep 201398
1 Oct 2011 – 30 Sep 2012154
1 Oct 2010 – 30 Sep 2011102
1 Oct 2009 – 30 Sep 2010108
1 Oct 2008 – 30 Sep 2009105
1 Oct 2007 – 30 Sep 2008127
1 Oct 2006 – 30 Sep 2007155
1 Oct 2005 – 30 Sep 2006157

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
CEOMartin Bo BilleschouCurrent
CEOTroels BilleschouCurrent
CEOAndreas Billeschou
BoardPia Billeschou
BoardTroels Billeschou
BoardMartin Bo Billeschou
BoardLise Billeschou
BoardAndreas Billeschou
Owner (15%)Troels & Susanne Billeschou Holding ApSCurrent
Owner (25%)Hybenvej Holding ApSCurrent
Owner (25%)Kesse Holding ApSCurrent
Owner (25%)Jobil Holding ApSCurrent
Owner (0%)Christian Peder Billeschou
Owner (33%)Troels Billeschou
Owner (0%)Martin Bo Billeschou
Owner (15%)Troels Billeschou
Owner (25%)Martin Bo Billeschou
Owner (25%)Christian Peder Billeschou
Owner (25%)Jonas Andreas Billeschou
Owner (100%)Billeschou Holding af 01.10.2020 ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorApS AF 20. MAJ 1999
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab

The CEOs' other companies

Martin Bo Billeschou – 2 other companies

Troels Billeschou – 2 other companies

Address history (0 moves)

Kvaglundvej 94, 6705 Esbjerg Ø

Former names

MARTIN BILLESCHOU ApS – now
MARTIN BILLESCHOU AF 1983. ESBJERG ApS –

Employees per year

Number of employees at MARTIN BILLESCHOU ApS per year8162011: 1620112012: 1620122013: 1520132014: 1420142015: 1420152016: 1520162017: 1520172018: 152018

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about MARTIN BILLESCHOU ApS

Has MARTIN BILLESCHOU ApS gone bankrupt?

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

What is the bankruptcy risk of MARTIN BILLESCHOU 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 MARTIN BILLESCHOU ApS?

Martin Bo Billeschou, Troels Billeschou are the CEOs of MARTIN BILLESCHOU ApS.

Who is the auditor of MARTIN BILLESCHOU ApS?

MARTIN BILLESCHOU ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MARTIN BILLESCHOU ApS founded?

MARTIN BILLESCHOU ApS was founded on 23 December 1975.

What is the equity of MARTIN BILLESCHOU ApS?

Equity was DKK 7.1m 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.