TEC SCANDINAVIA ApS

CVR 26609437 · Private limited company (ApS) · Active · Low risk

TEC SCANDINAVIA ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry engroshandel med værktøjsmaskiner. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 814k and a net result of DKK -176k. CEO: Martin Ketil Bak.

Bankruptcy risk for TEC SCANDINAVIA ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Loss for the yearYes · 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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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
26609437
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
Mariendalsvej 23
8800 Viborg
Municipality
Viborg
Industry
Engroshandel med værktøjsmaskiner (466200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 23
Missing annual reportNo
Negative equityNo
Equity ratio21.6%
Current ratio122%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.4mDKK 2.0mDKK 2.7m
Net profitDKK -176kDKK 261kDKK 432k
EquityDKK 814kDKK 990kDKK 1.1m
Total assetsDKK 3.8mDKK 2.1mDKK 2.4m
CashDKK 295kDKK 0–
Short-term debtDKK 3.0mDKK 1.1m–
Tax owedDKK 0DKK 82k–
Avg. employees24–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023108
1 Jan 2022 – 31 Dec 2022152
1 Jan 2021 – 31 Dec 2021130
1 Jan 2020 – 31 Dec 202036
1 Jan 2019 – 31 Dec 201938
1 Jan 2018 – 31 Dec 2018141
1 Jan 2017 – 31 Dec 2017131
1 Jan 2016 – 31 Dec 2016137
1 Jan 2015 – 31 Dec 2015138
1 Jan 2014 – 31 Dec 2014103
1 Jan 2013 – 31 Dec 2013112
1 Jan 2012 – 31 Dec 2012156
1 Jan 2011 – 31 Dec 2011123
1 Jan 2010 – 31 Dec 2010103
1 Jan 2009 – 31 Dec 2009130
1 May 2007 – 30 Apr 200871
1 May 2006 – 30 Apr 2007154
1 May 2005 – 30 Apr 2006140

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
CEOMartin Ketil BakCurrent
CEOSteen Danvig Lildal
BoardSteen Danvig Lildal
BoardMartin Ketil Bak
BoardDiana Weinreich Dalsgaard
Owner (100%)KETIL HOLDING ApSCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorKPMG C JESPERSEN I/S
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderSDL A/SCurrent

The CEOs' other companies

Martin Ketil Bak – 6 other companies

Steen Danvig Lildal – 26 other companies, of which 1 bankrupt

Address history (4 moves)

Mariendalsvej 23, 8800 Viborg
Kertemindevej 42, 8940 Randers SV
Kertemindevej 44, 8940 Randers SV
Kertemindevej 44, 8900 Randers C
Gl. Hobrovej 114, 8900 Randers C

Other companies at the same address

Similar companies in Viborg

Questions and answers about TEC SCANDINAVIA ApS

Has TEC SCANDINAVIA ApS gone bankrupt?

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

What is the bankruptcy risk of TEC SCANDINAVIA ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of TEC SCANDINAVIA ApS?

Martin Ketil Bak is the CEO of TEC SCANDINAVIA ApS.

Who is the auditor of TEC SCANDINAVIA ApS?

TEC SCANDINAVIA ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was TEC SCANDINAVIA ApS founded?

TEC SCANDINAVIA ApS was founded on 1 May 2002.

What is the equity of TEC SCANDINAVIA ApS?

Equity was DKK 814k 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.