ØRVAD MASKINSTATION ApS

CVR 26473055 · Private limited company (ApS) · Active · Low risk

ØRVAD MASKINSTATION ApS is a Private limited company (ApS), founded on , based in Sæby. The company is registered in the industry støtteaktiviteter i forbindelse med planteavl. Our model estimates a bankruptcy risk of 0.1% 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 1.6m and a net result of DKK 144k. CEO: Niels Ørvad.

Bankruptcy risk for ØRVAD MASKINSTATION ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · 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×
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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
26473055
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
Oddenvej 13
9300 Sæby
Municipality
Frederikshavn
Industry
Støtteaktiviteter i forbindelse med planteavl (016100)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 200k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 24
Missing annual reportNo
Negative equityNo
Equity ratio73.9%
Current ratio338%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 28kDKK 11kDKK 478k
Net profitDKK 144kDKK -266kDKK 85k
EquityDKK 1.6mDKK 1.5mDKK 1.8m
Total assetsDKK 2.2mDKK 2.0mDKK 2.4m
CashDKK 113kDKK 31k–
Short-term debtDKK 563kDKK 472k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025103
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023177
1 Jan 2022 – 31 Dec 2022163
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020169
1 Jan 2019 – 31 Dec 2019132
1 Jan 2018 – 31 Dec 2018120
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016118
1 Jan 2015 – 31 Dec 2015144
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 201397
1 Jan 2012 – 31 Dec 2012119
1 Jan 2011 – 31 Dec 2011161
1 Jan 2010 – 31 Dec 2010151
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 200883
1 Jan 2007 – 31 Dec 2007155
1 Jan 2006 – 31 Dec 2006150

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
CEONiels ØrvadCurrent
CEOPer Christensen
Owner (50%)Kurt Thomas JensenCurrent
Owner (50%)Niels ØrvadCurrent
AuditorKpmg C Jespersen
AuditorLandbo Nord
AuditorHolger Jeppesen
AuditorP&H P/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderADVOKATFIRMA HJULMAND & KAPTAIN I/SCurrent

The CEOs' other companies

Niels Ørvad – 1 other companies

Per Christensen – 57 other companies, of which 24 bankrupt

Address history (3 moves)

Oddenvej 13, 9300 Sæby
Fredborgvej 46, 9300 Sæby
Fredborgvej 46, 9300 Sæby
c/o Advokatfirma Hjulmand & Kaptain, Badehusvej 16, 9100 Aalborg

Former names

ØRVAD MASKINSTATION ApS – now
AHK NR. 188 ApS –

Employees per year

Number of employees at ØRVAD MASKINSTATION ApS per year122011: 220112012: 220122013: 120132014: 220142015: 220152016: 220162017: 220172018: 22018

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Questions and answers about ØRVAD MASKINSTATION ApS

Has ØRVAD MASKINSTATION ApS gone bankrupt?

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

What is the bankruptcy risk of ØRVAD MASKINSTATION ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of ØRVAD MASKINSTATION ApS?

Niels Ørvad is the CEO of ØRVAD MASKINSTATION ApS.

When was ØRVAD MASKINSTATION ApS founded?

ØRVAD MASKINSTATION ApS was founded on 13 February 2002.

What is the equity of ØRVAD MASKINSTATION ApS?

Equity was DKK 1.6m 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.