KD VÆRKTØJ ApS

CVR 30811917 · Private limited company (ApS) · Active · Low risk

KD VÆRKTØJ ApS is a Private limited company (ApS), founded on , based in Nykøbing M. The company is registered in the industry fremstilling af andet maskinværktøj. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 18 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 1.9m and a net result of DKK 52k. CEO: Kristian Damgaard, Bjarne Bak.

Bankruptcy risk for KD VÆRKTØJ ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
30811917
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
N. A. Christensens Vej 29
7900 Nykøbing M
Municipality
Morsø
Industry
Fremstilling af andet maskinværktøj (284200)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 250k
Employees
4 (2018)
Auditor
DANSK REVISION VIBORG REGISTRERET REVISIONSAKTIESELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 18
Missing annual reportNo
Negative equityNo
Equity ratio84.9%
Current ratio553%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.2mDKK 1.1m
Net profitDKK 52kDKK 161k
EquityDKK 1.9mDKK 2.0m
Total assetsDKK 2.3mDKK 2.5m
CashDKK 149k–
Short-term debtDKK 189k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · DANSK REVISION VIBORG REGISTRERET REVISIONSAKTIESELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202537
1 Jan 2024 – 31 Dec 202428
1 Jan 2023 – 31 Dec 202346
1 Jan 2022 – 31 Dec 202273
1 Jan 2021 – 31 Dec 202133
1 Jan 2020 – 31 Dec 202075
1 Jan 2019 – 31 Dec 201936
1 Jan 2018 – 31 Dec 201836
1 Jan 2017 – 31 Dec 201740
1 Jan 2016 – 31 Dec 201661
1 Jan 2015 – 31 Dec 2015111
1 Jan 2014 – 31 Dec 201491
1 Jan 2013 – 31 Dec 2013114
1 Jan 2012 – 31 Dec 201282
1 Jan 2011 – 31 Dec 201182
1 Jan 2010 – 31 Dec 2010121
1 Jan 2009 – 31 Dec 2009167
27 Aug 2007 – 31 Dec 2008253 Late

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
CEOKristian DamgaardCurrent
CEOBjarne BakCurrent
CEOJørn Nordgaard Kristensen
Owner (50%)FYRVEJENS HOLDING ApSCurrent
Owner (50%)Bjarne Bak Holding ApSCurrent
Owner (50%)AAKJÆRSVEJS HOLDING ApS
AuditorMORSØ REVISION. REGISTRERET REVISIONSANPARTSSELSKAB
AuditorDANSK REVISION VIBORG REGISTRERET REVISIONSAKTIESELSKAB
FounderAAKJÆRSVEJS HOLDING ApSCurrent
FounderFYRVEJENS HOLDING ApSCurrent

The CEOs' other companies

Kristian Damgaard – 1 other companies

Bjarne Bak – 1 other companies

Jørn Nordgaard Kristensen – 1 other companies

Address history (1 moves)

N. A. Christensens Vej 29, 7900 Nykøbing M
N. A. Christensens Vej 9, 7900 Nykøbing M

Employees per year

Number of employees at KD VÆRKTØJ ApS per year242011: 320112012: 420122013: 420132014: 420142015: 420152016: 320162017: 320172018: 42018

Questions and answers about KD VÆRKTØJ ApS

Has KD VÆRKTØJ ApS gone bankrupt?

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

What is the bankruptcy risk of KD VÆRKTØJ ApS?

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

Who is the CEO of KD VÆRKTØJ ApS?

Kristian Damgaard, Bjarne Bak are the CEOs of KD VÆRKTØJ ApS.

Who is the auditor of KD VÆRKTØJ ApS?

KD VÆRKTØJ ApS most recently used DANSK REVISION VIBORG REGISTRERET REVISIONSAKTIESELSKAB.

When was KD VÆRKTØJ ApS founded?

KD VÆRKTØJ ApS was founded on 27 August 2007.

What is the equity of KD VÆRKTØJ ApS?

Equity was DKK 1.9m 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.