VVS-FIRMAET MAX ENGGAARD A/S

CVR 31300088 · Public limited company (A/S) · Active · Low risk

VVS-FIRMAET MAX ENGGAARD A/S is a Public limited company (A/S), founded on , based in Odense S. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 18 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 4.2m and a net result of DKK -1.9m. CEO: Ulrik Berg Enggaard.

Bankruptcy risk for VVS-FIRMAET MAX ENGGAARD A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%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
31300088
Status
Active
Company type
Public limited company (A/S)
Founded
(18 years)
Address
Møllevej 22
5260 Odense S
Municipality
Odense
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
16 (2018)
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityNo
Equity ratio60.6%
Current ratio264%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 9.1mDKK 13.4mDKK 10.8m
Net profitDKK -1.9mDKK 2.0mDKK 999k
EquityDKK 4.2mDKK 6.0mDKK 5.0m
Total assetsDKK 6.8mDKK 9.8mDKK 9.7m
CashDKK 2.2mDKK 1.9m–
Short-term debtDKK 2.5mDKK 2.7m–
Avg. employees2321–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024127
1 Jan 2023 – 31 Dec 2023168
1 Jan 2022 – 31 Dec 2022128
1 Jan 2021 – 31 Dec 202187
1 Jan 2020 – 31 Dec 202042
1 Jan 2019 – 31 Dec 2019111
1 Jan 2018 – 31 Dec 201887
1 Jan 2017 – 31 Dec 201759
1 Jan 2016 – 31 Dec 201687
1 Jan 2015 – 31 Dec 201567
1 Jan 2014 – 31 Dec 201464
1 Jan 2013 – 31 Dec 201378
1 Jan 2012 – 31 Dec 2012105
1 Jan 2011 – 31 Dec 2011142
1 Jan 2010 – 31 Dec 201068
1 Jan 2009 – 31 Dec 200977
1 Jan 2008 – 31 Dec 2008146

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
CEOUlrik Berg EnggaardCurrent
BoardMax EnggaardCurrent
BoardUlrik Berg EnggaardCurrent
BoardRandi June EnggaardCurrent
BoardMike Sander EnggaardCurrent
BoardElin Berg Enggaard
Owner (67%)UR Holding ApSCurrent
Owner (20%)EM Holding 2020 ApSCurrent
Owner (67%)Max Enggaard
Owner (67%)Ulrik Berg Enggaard
Owner (20%)Max Enggaard
Owner (67%)Ulrik Berg Enggaard
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMax EnggaardCurrent

The CEOs' other companies

Ulrik Berg Enggaard – 3 other companies

Address history (1 moves)

Møllevej 22, 5260 Odense S
Møllevej 22, 5260 Odense S

Employees per year

Number of employees at VVS-FIRMAET MAX ENGGAARD A/S per year8162011: 1320112012: 920122013: 1020132014: 1220142015: 1020152016: 1020162017: 1320172018: 162018

Similar companies in Odense

Questions and answers about VVS-FIRMAET MAX ENGGAARD A/S

Has VVS-FIRMAET MAX ENGGAARD A/S gone bankrupt?

No, VVS-FIRMAET MAX ENGGAARD A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of VVS-FIRMAET MAX ENGGAARD A/S?

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

Who is the CEO of VVS-FIRMAET MAX ENGGAARD A/S?

Ulrik Berg Enggaard is the CEO of VVS-FIRMAET MAX ENGGAARD A/S.

Who is the auditor of VVS-FIRMAET MAX ENGGAARD A/S?

VVS-FIRMAET MAX ENGGAARD A/S most recently used AIDER Godkendt Revisionsaktieselskab.

When was VVS-FIRMAET MAX ENGGAARD A/S founded?

VVS-FIRMAET MAX ENGGAARD A/S was founded on 10 March 2008.

What is the equity of VVS-FIRMAET MAX ENGGAARD A/S?

Equity was DKK 4.2m 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.