FSI Stump Cutters ApS

CVR 26525764 · Private limited company (ApS) · Active · Low risk

FSI Stump Cutters ApS is a Private limited company (ApS), founded on , based in Tørring. The company is registered in the industry fremstilling af landbrugs- og skovbrugsmaskiner. 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 (30 Jun 2026) shows equity of DKK 13.9m and a net result of DKK 4.1m. CEO: Henning Schmidt, Kim Nikolajsen Schmidt.

Bankruptcy risk for FSI Stump Cutters ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
26525764
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
Erhvervsparken 14
7160 Tørring
Municipality
Hedensted
Industry
Fremstilling af landbrugs- og skovbrugsmaskiner (283000)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 188k
Employees
14 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 24
Missing annual reportNo
Negative equityNo
Equity ratio58.8%
Current ratio234%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 17.3mDKK 15.9mDKK 13.6m
Net profitDKK 4.1mDKK 3.5mDKK 2.7m
EquityDKK 13.9mDKK 13.5mDKK 12.0m
Total assetsDKK 23.6mDKK 22.6mDKK 26.2m
CashDKK 4,265DKK 289k–
Short-term debtDKK 9.7mDKK 9.0m–
Tax owedDKK 1.0mDKK 796k–
Avg. employees1717–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 2026106
1 Jul 2024 – 30 Jun 2025155
1 Jul 2023 – 30 Jun 2024170
1 Jul 2022 – 30 Jun 2023171
1 Jul 2021 – 30 Jun 2022155
1 Jul 2020 – 30 Jun 2021152
1 Jul 2019 – 30 Jun 2020135
1 Jul 2018 – 30 Jun 2019120
1 Jul 2017 – 30 Jun 2018117
1 Jul 2016 – 30 Jun 2017123
1 Jul 2015 – 30 Jun 2016147
1 Jul 2014 – 30 Jun 2015142
1 Jul 2013 – 30 Jun 2014107
1 Jul 2012 – 30 Jun 2013155
1 Jul 2011 – 30 Jun 2012152
1 Jul 2010 – 30 Jun 2011145
1 Jul 2009 – 30 Jun 2010144
1 Jul 2008 – 30 Jun 2009152
1 Jul 2007 – 30 Jun 2008148
1 Jul 2006 – 30 Jun 2007158

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
CEOHenning SchmidtCurrent
CEOKim Nikolajsen SchmidtCurrent
Owner (25%)KS Holding af 2017 ApSCurrent
Owner (25%)Michael Schmidt Holding ApSCurrent
Owner (33%)FSI Schmidt Holding ApSCurrent
Owner (33%)HS HOLDING ApS
Owner (33%)HLR BREDBALLE HOLDING ApS
Owner (10%)FSI-Franskan SAS
Owner (90%)HS HOLDING ApS
Owner (10%)KS Holding af 2017 ApS
Owner (10%)Michael Schmidt Holding ApS
Owner (50%)HS HOLDING ApS
Owner (10%)Holgersen Holding 2017 ApS
Owner (25%)HS HOLDING ApS
Owner (20%)KS Holding af 2017 ApS
Owner (20%)Michael Schmidt Holding ApS
Owner (33%)HS HOLDING ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
FounderHS HOLDING ApSCurrent
FounderFRANSKAN INTERNATIONAL SARL - FSICurrent

The CEOs' other companies

Henning Schmidt – 4 other companies

Kim Nikolajsen Schmidt – 2 other companies

Address history (6 moves)

Erhvervsparken 14, 7160 Tørring
Erhvervsparken 14, 7160 Tørring
Erhvervsparken 4, 7160 Tørring
Erhvervsparken 2, 7160 Tørring
Erhvervsparken 2, 7160 Tørring
Lindbækvej 22, 8763 Rask Mølle
Søndervang 1, 7160 Tørring

Former names

FSI Stump Cutters ApS – now
FSI POWER-TECH ApS –
FSI & SCHMIDT ApS –

Employees per year

Number of employees at FSI Stump Cutters ApS per year8152011: 420112012: 820122013: 920132014: 1120142015: 1320152016: 1320162017: 1520172018: 142018

Other companies at the same address

Similar companies in Hedensted

Questions and answers about FSI Stump Cutters ApS

Has FSI Stump Cutters ApS gone bankrupt?

No, FSI Stump Cutters ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of FSI Stump Cutters 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 FSI Stump Cutters ApS?

Henning Schmidt, Kim Nikolajsen Schmidt are the CEOs of FSI Stump Cutters ApS.

Who is the auditor of FSI Stump Cutters ApS?

FSI Stump Cutters ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was FSI Stump Cutters ApS founded?

FSI Stump Cutters ApS was founded on 12 March 2002.

What is the equity of FSI Stump Cutters ApS?

Equity was DKK 13.9m according to the annual report for the period ending 30 June 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.