TOXVÆRD MASKINFORRETNING ApS

CVR 27475477 · Private limited company (ApS) · Active · Medium risk

TOXVÆRD MASKINFORRETNING ApS is a Private limited company (ApS), founded on , based in Bramming. The company is registered in the industry engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -1.4m and a net result of DKK 78k. CEO: Michael Toxværd Christensen, Torben Toxværd Christensen.

Bankruptcy risk for TOXVÆRD MASKINFORRETNING ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
27475477
Status
Active
Company type
Private limited company (ApS)
Founded
(22 years)
Address
Smedevej 4
6740 Bramming
Municipality
Esbjerg
Industry
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil (466100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
4 (2018)
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 22
Missing annual reportNo
Negative equityYes
Equity ratio-63.7%
Current ratio103%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 1.2mDKK 1.4mDKK 1.5m
Net profitDKK 78kDKK 73kDKK 241k
EquityDKK -1.4mDKK -1.5mDKK -1.6m
Total assetsDKK 2.3mDKK 2.5mDKK 3.0m
CashDKK 5,145DKK 5,000–
Short-term debtDKK 2.0mDKK 2.2m–
Avg. employees33–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022135
1 Jan 2021 – 31 Dec 2021166
1 Jan 2020 – 31 Dec 2020145
1 Jan 2019 – 31 Dec 201986
1 Jan 2018 – 31 Dec 201852
1 Jan 2017 – 31 Dec 2017144
1 Jan 2016 – 31 Dec 2016165
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014163
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009154
1 Jan 2008 – 31 Dec 2008159
1 Jan 2007 – 31 Dec 2007171
1 Jan 2006 – 31 Dec 2006151

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 Toxværd ChristensenCurrent
CEOTorben Toxværd ChristensenCurrent
CEOPreben Bang Henriksen
CEOErik Toxværd Christensen
BoardMichael Toxværd ChristensenCurrent
BoardTorben Toxværd ChristensenCurrent
BoardErik Toxværd Christensen
BoardGerda Mølgaard Christensen
Owner (50%)Michael Toxværd ChristensenCurrent
Owner (50%)Torben Toxværd ChristensenCurrent
Owner (25%)Erik Toxværd Christensen
Owner (25%)Gerda Mølgaard Christensen
Owner (25%)Michael Toxværd Christensen
Owner (25%)Torben Toxværd Christensen
AuditorAamann & Nørbak I/S
AuditorPRV A/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderPREBEN BANG HENRIKSEN. AALBORG ApSCurrent

The CEOs' other companies

Preben Bang Henriksen – 46 other companies, of which 46 bankrupt

Address history (3 moves)

Smedevej 4, 6740 Bramming
Nørregade 35, 6740 Bramming
Nørregade 35, 6740 Bramming
c/o Advfa. Bang Henriksen & Muurholm, Slotspladsen 2, 9000 Aalborg

Former names

TOXVÆRD MASKINFORRETNING ApS – now
PBH 28.433 ApS –

Employees per year

Number of employees at TOXVÆRD MASKINFORRETNING ApS per year352011: 420112012: 420122013: 420132014: 520142015: 320152016: 420162017: 520172018: 42018

Similar companies in Esbjerg

Questions and answers about TOXVÆRD MASKINFORRETNING ApS

Has TOXVÆRD MASKINFORRETNING ApS gone bankrupt?

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

What is the bankruptcy risk of TOXVÆRD MASKINFORRETNING ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of TOXVÆRD MASKINFORRETNING ApS?

Michael Toxværd Christensen, Torben Toxværd Christensen are the CEOs of TOXVÆRD MASKINFORRETNING ApS.

Who is the auditor of TOXVÆRD MASKINFORRETNING ApS?

TOXVÆRD MASKINFORRETNING ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was TOXVÆRD MASKINFORRETNING ApS founded?

TOXVÆRD MASKINFORRETNING ApS was founded on 3 December 2003.

What is the equity of TOXVÆRD MASKINFORRETNING ApS?

Equity was DKK -1.4m 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.