MENETA ADVANCED SHIMS TECHNOLOGY A/S

CVR 26314089 · Public limited company (A/S) · Active · Low risk

MENETA ADVANCED SHIMS TECHNOLOGY A/S is a Public limited company (A/S), founded on , based in Odense N. The company is registered in the industry fremstilling af andre dele og tilbehør til motorkøretøjer. 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 220.6m and a net result of DKK 4.9m.

Bankruptcy risk for MENETA ADVANCED SHIMS TECHNOLOGY A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×

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
26314089
Status
Active
Company type
Public limited company (A/S)
Founded
(25 years)
Address
Strandholtvej 49
5270 Odense N
Municipality
Odense
Industry
Fremstilling af andre dele og tilbehør til motorkøretøjer (293200)
Bankruptcies in the industry: Fremstilling af karosserier til motorkøretøjer: fremstilling af påhængsvogne og sættevogne
Share capital
DKK 525k
Employees
134 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 24
Missing annual reportNo
Negative equityNo
Equity ratio82.6%
Current ratio509%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 366.4mDKK 394.7mDKK 372.6m
Gross profitDKK 105.3mDKK 120.7mDKK 108.6m
Net profitDKK 4.9mDKK 21.5mDKK 14.6m
EquityDKK 220.6mDKK 215.7mDKK 194.2m
Total assetsDKK 267.2mDKK 292.6mDKK 266.7m
CashDKK 45.0mDKK 100k–
Short-term debtDKK 44.8mDKK 74.8m–
Tax owedDKK 300kDKK 5.1m–
Avg. employees153150–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025105
1 Jan 2024 – 31 Dec 2024129
1 Jan 2023 – 31 Dec 2023137
1 Jan 2022 – 31 Dec 2022143
1 Jan 2021 – 31 Dec 2021136
1 Jan 2020 – 31 Dec 2020124
1 Jan 2019 – 31 Dec 2019111
1 Jan 2018 – 31 Dec 2018114
1 Jan 2017 – 31 Dec 2017143
1 Jan 2016 – 31 Dec 2016144
1 Jan 2015 – 31 Dec 2015130
1 Jan 2014 – 31 Dec 2014134
1 Jan 2013 – 31 Dec 2013146
1 Jan 2012 – 31 Dec 2012146
1 Jan 2011 – 31 Dec 2011143
1 Jan 2010 – 31 Dec 2010159
1 Jan 2009 – 31 Dec 2009152
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007153
1 Jan 2006 – 31 Dec 2006165

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
CEOKim Madsen
BoardSebastian DespineuxCurrent
BoardJoseph J MaliekelCurrent
BoardArndt WittemannCurrent
BoardChristopher WangCurrent
BoardKim Madsen
BoardHelle Garde Carlsen
BoardAnnemette Heller
BoardClas Nylandsted Andersen
BoardSøren Klarskov Vilby
BoardErich Bauer
BoardDavid Bundred
BoardGeorge Michael Ruhl
BoardLudwig Ervens
BoardDirk Van der Ween
BoardNigel Paul Topping
BoardMal Hartland
BoardGeorge Michael Ruhl
BoardJeremy Mark Adams
BoardFinn Blomstrøm
BoardJohnny Haakonsson
BoardKim Walther Østergaard
BoardTakaharu Dannoura
BoardParimal Bansilal Mody
BoardGeorge Michael Ruhl
BoardLiam James Booth
Owner (50%)MENETA Holding A/SCurrent
Owner (33%)TMD Friction Group GmbHCurrent
Owner (33%)TMD Friction Holdings (UK) Limited
Owner (33%)TMD Friction Holdings GmbH
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderApS KBUS 38 nr.3117Current

The CEOs' other companies

Kim Madsen – 57 other companies, of which 57 bankrupt

Address history (2 moves)

Strandholtvej 49, 5270 Odense N
Kirkegyden 52, 5270 Odense N
c/o Stakemann A/S, Kronprinsessegade 18, 1306 København K

Former names

MENETA ADVANCED SHIMS TECHNOLOGY A/S – now
A/S PSE 17 NR. 1207 –

Employees per year

Number of employees at MENETA ADVANCED SHIMS TECHNOLOGY A/S per year671342011: 5720112012: 6320122013: 7020132014: 9220142015: 11520152016: 12420162017: 12320172018: 1342018

Other companies at the same address

Similar companies in Odense

Questions and answers about MENETA ADVANCED SHIMS TECHNOLOGY A/S

Has MENETA ADVANCED SHIMS TECHNOLOGY A/S gone bankrupt?

No, MENETA ADVANCED SHIMS TECHNOLOGY A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MENETA ADVANCED SHIMS TECHNOLOGY A/S?

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 auditor of MENETA ADVANCED SHIMS TECHNOLOGY A/S?

MENETA ADVANCED SHIMS TECHNOLOGY A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MENETA ADVANCED SHIMS TECHNOLOGY A/S founded?

MENETA ADVANCED SHIMS TECHNOLOGY A/S was founded on 1 November 2001.

What is the equity of MENETA ADVANCED SHIMS TECHNOLOGY A/S?

Equity was DKK 220.6m 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.