VST INDUSTRIES A/S

CVR 26670942 · Public limited company (A/S) · Active · Low risk

VST INDUSTRIES A/S is a Public limited company (A/S), founded on , based in Lem St. The company is registered in the industry fremstilling af metalkonstruktioner og dele heraf. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 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 5.0m and a net result of DKK 351k. CEO: Søren Nielsen.

Bankruptcy risk for VST INDUSTRIES A/S

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Municipality changes3+ · bankruptcy rate 10.6%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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
26670942
Status
Active
Company type
Public limited company (A/S)
Founded
(24 years)
Address
Nylandsvej 36
6940 Lem St
Municipality
Ringkøbing-Skjern
Industry
Fremstilling af metalkonstruktioner og dele heraf (251100)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 500k
Employees
22 (2018)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 24
Missing annual reportNo
Negative equityNo
Equity ratio52.2%
Current ratio144%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 9.1mDKK 11.6mDKK 11.5m
Net profitDKK 351kDKK 3.1mDKK 3.0m
EquityDKK 5.0mDKK 7.6mDKK 7.6m
Total assetsDKK 9.6mDKK 12.1mDKK 14.8m
CashDKK 1.1mDKK 5.3m–
Short-term debtDKK 4.6mDKK 4.3m–
Avg. employees1212–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023191 Late
1 Jan 2022 – 31 Dec 202266
1 Jan 2021 – 31 Dec 202190
1 Jan 2020 – 31 Dec 202072
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015148
1 Jan 2014 – 31 Dec 2014139
1 Jan 2013 – 31 Dec 201395
1 Jan 2012 – 31 Dec 201253
1 Jan 2011 – 31 Dec 201144
1 Jan 2010 – 31 Dec 201041
1 Jan 2009 – 31 Dec 2009129
1 Jan 2008 – 31 Dec 200849
1 Jan 2007 – 31 Dec 2007160
1 Jan 2006 – 31 Dec 2006149

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
CEOSøren NielsenCurrent
CEOVagn Kristensen
CEOSvend Børge Carlsen
BoardSøren NielsenCurrent
BoardLouise Siig NielsenCurrent
BoardRobert Siig NielsenCurrent
BoardMariane Ulfkjær JensenCurrent
BoardVagn Kristensen
BoardSøren Nielsen
BoardHans Marius Madsen Falk
BoardJanne Siig
BoardSvend Børge Carlsen
BoardJørla Carlsen
Owner (100%)SØREN NIELSEN HOLDING, KLOSTER ApSCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
AuditorDamgaard & Enevoldsen A/S
FounderVagn KristensenCurrent
FounderSøren NielsenCurrent
FounderHans Marius Madsen FalkCurrent

The CEOs' other companies

Søren Nielsen – 4 other companies

Svend Børge Carlsen – 8 other companies, of which 1 bankrupt

Address history (4 moves)

Nylandsvej 36, 6940 Lem St
Smed Hansens Vej 11, 6940 Lem St
Smed Hansens Vej 11, 6940 Lem St
c/o Søren Nielsen, Mejlvang 28, 6950 Ringkøbing
Kæret 19, 6990 Ulfborg

Former names

VST INDUSTRIES A/S – now
A/S VST –
VST, VESTJYSK STÅLTEKNIK ApS –
VESTJYSK STÅLTEKNIK ApS –

Employees per year

Number of employees at VST INDUSTRIES A/S per year11222011: 1320112012: 1220122013: 1420132014: 1820142015: 1220152016: 1920162017: 1920172018: 222018

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about VST INDUSTRIES A/S

Has VST INDUSTRIES A/S gone bankrupt?

No, VST INDUSTRIES A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of VST INDUSTRIES A/S?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of VST INDUSTRIES A/S?

Søren Nielsen is the CEO of VST INDUSTRIES A/S.

Who is the auditor of VST INDUSTRIES A/S?

VST INDUSTRIES A/S most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was VST INDUSTRIES A/S founded?

VST INDUSTRIES A/S was founded on 26 June 2002.

What is the equity of VST INDUSTRIES A/S?

Equity was DKK 5.0m 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.