BAASCH SMEDE- OG MASKINTEKNIK ApS

CVR 26183707 · Private limited company (ApS) · Active · Medium risk

BAASCH SMEDE- OG MASKINTEKNIK ApS is a Private limited company (ApS), founded on , based in Løsning. The company is registered in the industry fremstilling af håndværktøj. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -78k and a net result of DKK -85k. CEO: Finn Jensen.

Bankruptcy risk for BAASCH SMEDE- OG MASKINTEKNIK ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
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×
Audit opted outYes · 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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
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
26183707
Status
Active
Company type
Private limited company (ApS)
Founded
(25 years)
Address
Bøgballevej 3
8723 Løsning
Municipality
Hedensted
Industry
Fremstilling af håndværktøj (256300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 125k
Employees
2 (2018)
Auditor
Status RevisionGodkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 24
Missing annual reportNo
Negative equityYes
Equity ratio-41.2%
Current ratio71%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 280kDKK 343kDKK 371k
Net profitDKK -85kDKK -35kDKK -194k
EquityDKK -78kDKK 7,177DKK 43k
Total assetsDKK 190kDKK 187kDKK 258k
CashDKK 121kDKK 156k–
Short-term debtDKK 268kDKK 180k–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Status RevisionGodkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022200 Late
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019254 Late
1 Jan 2018 – 31 Dec 2018172
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015154
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013149
1 Jan 2012 – 31 Dec 2012183
1 Jan 2011 – 31 Dec 2011165
1 Jan 2010 – 31 Dec 2010160
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 2008160
1 Jan 2007 – 31 Dec 2007157
1 Jan 2006 – 31 Dec 2006155

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
CEOFinn JensenCurrent
CEOKnud Baasch Nielsen
Owner (100%)Finn JensenCurrent
AuditorDatoselskabet af 18012019 ApS
AuditorGreen IV ApS
FounderFinn JensenCurrent
FounderKnud Baasch NielsenCurrent

Address history (2 moves)

Bøgballevej 3, 8723 Løsning
Bøgballevej 3, 8723 Løsning
Bøgballevej 3, 8723 Løsning

Employees per year

Number of employees at BAASCH SMEDE- OG MASKINTEKNIK ApS per year232011: 320112012: 120122013: 220132014: 320142015: 220152016: 220162017: 220172018: 22018

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Questions and answers about BAASCH SMEDE- OG MASKINTEKNIK ApS

Has BAASCH SMEDE- OG MASKINTEKNIK ApS gone bankrupt?

No, BAASCH SMEDE- OG MASKINTEKNIK ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of BAASCH SMEDE- OG MASKINTEKNIK ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of BAASCH SMEDE- OG MASKINTEKNIK ApS?

Finn Jensen is the CEO of BAASCH SMEDE- OG MASKINTEKNIK ApS.

Who is the auditor of BAASCH SMEDE- OG MASKINTEKNIK ApS?

BAASCH SMEDE- OG MASKINTEKNIK ApS most recently used Status RevisionGodkendt Revisionsaktieselskab.

When was BAASCH SMEDE- OG MASKINTEKNIK ApS founded?

BAASCH SMEDE- OG MASKINTEKNIK ApS was founded on 13 August 2001.

What is the equity of BAASCH SMEDE- OG MASKINTEKNIK ApS?

Equity was DKK -78k 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.