PIN MASTER ApS

CVR 28965249 · Private limited company (ApS) · Active · Low risk

PIN MASTER ApS is a Private limited company (ApS), founded on , based in Ringkøbing. The company is registered in the industry fremstilling af elektroniske komponenter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 531k and a net result of DKK 75k. CEO: Lennart Hildebrand Qvist.

Bankruptcy risk for PIN MASTER ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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
28965249
Status
Active
Company type
Private limited company (ApS)
Founded
(21 years)
Address
Smørblomsten 44
6950 Ringkøbing
Municipality
Ringkøbing-Skjern
Industry
Fremstilling af elektroniske komponenter (261100)
Bankruptcies in the industry: Fremstilling af udstyr til måling, afprøvning, navigation og kontrol
Share capital
DKK 125k
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 20
Missing annual reportNo
Negative equityNo
Equity ratio68.6%
Current ratio308%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 351kDKK 240kDKK 87k
Net profitDKK 75kDKK 179kDKK 63k
EquityDKK 531kDKK 455kDKK 276k
Total assetsDKK 773kDKK 731kDKK 375k
Cash–DKK 0–
Short-term debtDKK 242kDKK 275k–
Avg. employees1––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025194 Late
1 Jan 2024 – 31 Dec 2024186 Late
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018155
1 Jan 2017 – 31 Dec 2017166
1 Jan 2016 – 31 Dec 2016165
1 Jan 2015 – 31 Dec 2015167
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013171
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011171
1 Jan 2010 – 31 Dec 2010167
1 Jan 2009 – 31 Dec 2009157
1 Jan 2008 – 31 Dec 2008146
1 Jan 2007 – 31 Dec 2007150
9 Aug 2005 – 31 Dec 2006176

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
CEOLennart Hildebrand QvistCurrent
Owner (5%)Sven Hildebrand QvistCurrent
Owner (5%)Annalise QvistCurrent
Owner (90%)FJORDBRINKEN HOLDING COMPANY ApSCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskab
FounderFJORDBRINKEN HOLDING COMPANY ApSCurrent

The CEOs' other companies

Lennart Hildebrand Qvist – 11 other companies, of which 1 bankrupt

Address history (4 moves)

Smørblomsten 44, 6950 Ringkøbing
Solsikkehaven 8, 6950 Ringkøbing
Fjordbrinken 10, 6950 Ringkøbing
c/o Lennart Qvist, Baunegårdsvej 32, 4040 Jyllinge
c/o Lennart Qvist, Baunegårdsvej 32, 4040 Jyllinge

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about PIN MASTER ApS

Has PIN MASTER ApS gone bankrupt?

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

What is the bankruptcy risk of PIN MASTER ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of PIN MASTER ApS?

Lennart Hildebrand Qvist is the CEO of PIN MASTER ApS.

Who is the auditor of PIN MASTER ApS?

PIN MASTER ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was PIN MASTER ApS founded?

PIN MASTER ApS was founded on 9 August 2005.

What is the equity of PIN MASTER ApS?

Equity was DKK 531k 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.