Kenneth Madsen Sæby ApS

CVR 29220980 · Private limited company (ApS) · Active · Low risk

Kenneth Madsen Sæby ApS is a Private limited company (ApS), founded on , based in Sæby. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 24.9m and a net result of DKK 1.3m.

Bankruptcy risk for Kenneth Madsen Sæby ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · 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×
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×
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
29220980
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
c/o BeneFiT Nord ApS, Stationspladsen 4
9300 Sæby
Municipality
Frederikshavn
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Employees
3 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 21
Missing annual reportNo
Negative equityNo
Equity ratio55.4%
Current ratio18%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.5mDKK 799kDKK 1.3m
Net profitDKK 1.3mDKK 631kDKK 563k
EquityDKK 24.9mDKK 23.8mDKK 23.2m
Total assetsDKK 45.0mDKK 46.3mDKK 44.4m
Short-term debtDKK 9.6mDKK 12.0m–
Tax owedDKK 178kDKK 91k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023192 Late
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021166
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018156
1 Jan 2017 – 31 Dec 2017156
1 Jan 2016 – 31 Dec 2016157
1 Jan 2015 – 31 Dec 2015147
1 Jan 2014 – 31 Dec 2014138
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012155
1 Jan 2011 – 31 Dec 2011163
1 Jan 2010 – 31 Dec 2010160
1 Jan 2009 – 31 Dec 2009161
1 Jan 2008 – 31 Dec 2008158
1 Jan 2007 – 31 Dec 2007150
1 Jan 2006 – 31 Dec 2006135

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
BoardAksel Kenneth Wolff MadsenCurrent
BoardPreben Hove
BoardAksel Kenneth Wolff Madsen
Owner (67%)Aksel Kenneth Wolff MadsenCurrent
Owner (10%)Susanne MadsenCurrent
Owner (100%)Aksel Kenneth Wolff Madsen
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderAksel Kenneth Wolff MadsenCurrent

Address history (2 moves)

c/o BeneFiT Nord ApS, Stationspladsen 4, 9300 Sæby
Stationspladsen 4, 9300 Sæby
Stationspladsen 4, 9300 Sæby

Former names

Kenneth Madsen Sæby ApS – now
KENNETH MADSEN SÆBY HOLDING ApS –

Employees per year

Number of employees at Kenneth Madsen Sæby ApS per year232015: 120152016: 220162017: 220172018: 32018

Other companies at the same address

Similar companies in Frederikshavn

Questions and answers about Kenneth Madsen Sæby ApS

Has Kenneth Madsen Sæby ApS gone bankrupt?

No, Kenneth Madsen Sæby ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Kenneth Madsen Sæby ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of Kenneth Madsen Sæby ApS?

Kenneth Madsen Sæby ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Kenneth Madsen Sæby ApS founded?

Kenneth Madsen Sæby ApS was founded on 28 November 2005.

What is the equity of Kenneth Madsen Sæby ApS?

Equity was DKK 24.9m 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.