MAGASINVÆRKSTEDET ApS

CVR 29534322 · Private limited company (ApS) · Active · Low risk

MAGASINVÆRKSTEDET ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry billedkunstnerisk skaben. 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. The latest annual report (31 Dec 2025) shows equity of DKK 103k and a net result of DKK -186k. CEO: Søren Henrik Frederiksen.

Bankruptcy risk for MAGASINVÆRKSTEDET 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

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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
29534322
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Jernholmen 42A
2650 Hvidovre
Municipality
Hvidovre
Industry
Billedkunstnerisk skaben (901200)
Bankruptcies in the industry: Kunstnerisk skaben
Share capital
DKK 125k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityNo
Equity ratio26.0%
Current ratio135%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 366kDKK 796k
Net profitDKK -186kDKK 107k
EquityDKK 103kDKK 289k
Total assetsDKK 398kDKK 609k
CashDKK 106k–
Short-term debtDKK 295k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202541
1 Jan 2024 – 31 Dec 202490
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 202259
1 Jan 2021 – 31 Dec 202173
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 201991
1 Jan 2018 – 31 Dec 2018142
1 Jan 2017 – 31 Dec 201796
1 Jan 2016 – 31 Dec 2016114
1 Jan 2015 – 31 Dec 2015130
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013148
1 Jan 2012 – 31 Dec 2012162
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010151
1 Jan 2009 – 31 Dec 2009154
1 Jan 2008 – 31 Dec 2008116
1 Jan 2007 – 31 Dec 2007155
1 May 2006 – 31 Dec 2006164

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 Henrik FrederiksenCurrent
CEOPeter Andreas Stakemann
Owner (100%)SHF INVEST ApSCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorANPARTSSELSKABET AF 1/7 2012
AuditorBarrett revisionsanpartsselskab
FounderApS KBUS 38 nr.3117Current

The CEOs' other companies

Søren Henrik Frederiksen – 1 other companies

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Address history (3 moves)

Jernholmen 42A, 2650 Hvidovre
Jernholmen 42A, 2650 Hvidovre
c/o Søren Frederiksen, Godthaabsvej 72, 4300 Holbæk
Jernholmen 42A, 2650 Hvidovre

Former names

MAGASINVÆRKSTEDET ApS – now
ApS KBUS 17 NR. 4958 –

Employees per year

Number of employees at MAGASINVÆRKSTEDET ApS per year122011: 020112012: 120122013: 120132014: 120142015: 120152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about MAGASINVÆRKSTEDET ApS

Has MAGASINVÆRKSTEDET ApS gone bankrupt?

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

What is the bankruptcy risk of MAGASINVÆRKSTEDET 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 MAGASINVÆRKSTEDET ApS?

Søren Henrik Frederiksen is the CEO of MAGASINVÆRKSTEDET ApS.

When was MAGASINVÆRKSTEDET ApS founded?

MAGASINVÆRKSTEDET ApS was founded on 1 May 2006.

What is the equity of MAGASINVÆRKSTEDET ApS?

Equity was DKK 103k 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.