SPAR-EL ApS

CVR 26347556 · Private limited company (ApS) · Active · Medium risk

SPAR-EL ApS is a Private limited company (ApS), founded on , based in Maribo. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 5.2m and a net result of DKK 288k. CEO: Michael Madsen, John Madsen.

Bankruptcy risk for SPAR-EL ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
26347556
Status
Active
Company type
Private limited company (ApS)
Founded
(25 years)
Address
Hunseby Strandvej 10
4930 Maribo
Municipality
Lolland
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 200k
Employees
1 (2018)
Auditor
REGISTRERET REVISIONSAKTIESELSKAB BUCH&NØRGAARD
Audit opted out
No

Warning signs

Annual reports filed late4 of 25
Missing annual reportNo
Negative equityNo
Equity ratio30.4%
Current ratio144%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies9
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 27.3m–
Gross profitDKK 407k–
Net profitDKK 288k–
EquityDKK 5.2m–
Total assetsDKK 17.0m–
CashDKK 86k–
Short-term debtDKK 11.9m–
Tax owedDKK 84k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · RéVision+ Lolland ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022199 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019254 Late
1 Jan 2018 – 31 Dec 2018158
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016163
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 201497
1 Jan 2013 – 31 Dec 2013127
1 Jan 2012 – 31 Dec 2012147
1 Jan 2011 – 31 Dec 2011149
1 Jan 2010 – 31 Dec 201095
1 Jan 2009 – 31 Dec 2009154
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007172
1 Jan 2006 – 31 Dec 2006182

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
CEOMichael MadsenCurrent
CEOJohn MadsenCurrent
CEOHarry Ingvar Dannemarre Jacobsen
Owner (100%)HANDELSFIRMAET ELGROSSISTEN ApSCurrent
Owner (100%)Harry Ingvar Dannemarre Jacobsen
Owner (20%)DAGENS LYS ApS
Owner (67%)HANDELSFIRMAET ELGROSSISTEN ApS
AuditorREGISTRERET REVISIONSAKTIESELSKAB BUCH&NØRGAARDCurrent
AuditorCarsten Enevold
AuditorCarsten Enevold
AuditorØernes Revision Registreret Revisionsaktieselskab
FounderGRÆNGE EL-INSTALLATION ApSCurrent

The CEOs' other companies

Michael Madsen – 7 other companies, of which 3 bankrupt

John Madsen – 13 other companies, of which 7 bankrupt

Harry Ingvar Dannemarre Jacobsen – 2 other companies, of which 1 bankrupt

Address history (3 moves)

Hunseby Strandvej 10, 4930 Maribo
c/o Harry Ingvar Jacobsen, Præstestræde 49, 4862 Guldborg
Gedservej 5, 4800 Nykøbing F
Gedservej 5, 4800 Nykøbing F

Former names

SPAR-EL ApS – now
SPAR-EL ApS UNDER STIFTELSE –

Employees per year

Number of employees at SPAR-EL ApS per year122011: 220112012: 220122013: 120132014: 120142015: 120152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in Lolland

Questions and answers about SPAR-EL ApS

Has SPAR-EL ApS gone bankrupt?

No, SPAR-EL ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of SPAR-EL ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of SPAR-EL ApS?

Michael Madsen, John Madsen are the CEOs of SPAR-EL ApS.

Who is the auditor of SPAR-EL ApS?

SPAR-EL ApS most recently used REGISTRERET REVISIONSAKTIESELSKAB BUCH&NØRGAARD.

When was SPAR-EL ApS founded?

SPAR-EL ApS was founded on 6 June 2001.

What is the equity of SPAR-EL ApS?

Equity was DKK 5.2m 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.