E.R. FUNCTION TRUCKS ApS

CVR 32320007 · Private limited company (ApS) · Active · Medium risk

E.R. FUNCTION TRUCKS ApS is a Private limited company (ApS), founded on , based in Brande. The company is registered in the industry agenturhandel med motorcykler, biler, busser og trailere mv.. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 15 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 314k and a net result of DKK -197k. CEO: Rene Madsen.

Bankruptcy risk for E.R. FUNCTION TRUCKS ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
32320007
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Ny Sandfeldvej 90
7330 Brande
Municipality
Ikast-Brande
Industry
Agenturhandel med motorcykler, biler, busser og trailere mv. (461810)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 80k
Employees
1 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 15
Missing annual reportNo
Negative equityNo
Equity ratio24.0%
Current ratio132%
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 year20252024
Gross profitDKK 369kDKK 335k
Net profitDKK -197kDKK -207k
EquityDKK 314kDKK 511k
Total assetsDKK 1.3mDKK 1.3m
CashDKK 0–
Short-term debtDKK 993k–
Tax owedDKK 0–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025172
1 Jul 2023 – 30 Jun 2024198 Late
1 Jul 2022 – 30 Jun 2023147
1 Jul 2021 – 30 Jun 2022181
1 Jul 2020 – 30 Jun 2021168
1 Jul 2019 – 30 Jun 2020170
1 Jul 2018 – 30 Jun 2019163
1 Jul 2017 – 30 Jun 2018151
1 Jul 2016 – 30 Jun 2017144
1 Jul 2015 – 30 Jun 201697
1 Jul 2014 – 30 Jun 2015160
1 Jul 2013 – 30 Jun 2014172
1 Jul 2012 – 30 Jun 2013164
1 Jul 2011 – 30 Jun 2012139
22 Mar 2010 – 30 Jun 201169

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
CEORene MadsenCurrent
Owner (100%)Rene MadsenCurrent
AuditorOle Bækby Olesen
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
FounderRene MadsenCurrent

Address history (2 moves)

Ny Sandfeldvej 90, 7330 Brande
Gl. Landevej 72, 1., 7400 Herning
Jeppe Aakjærs Vej 3, 7400 Herning

Employees per year

Number of employees at E.R. FUNCTION TRUCKS ApS per year112011: 120112012: 120122013: 120132014: 120142015: 120152016: 120162017: 120172018: 12018

Similar companies in Ikast-Brande

Questions and answers about E.R. FUNCTION TRUCKS ApS

Has E.R. FUNCTION TRUCKS ApS gone bankrupt?

No, E.R. FUNCTION TRUCKS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of E.R. FUNCTION TRUCKS ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of E.R. FUNCTION TRUCKS ApS?

Rene Madsen is the CEO of E.R. FUNCTION TRUCKS ApS.

Who is the auditor of E.R. FUNCTION TRUCKS ApS?

E.R. FUNCTION TRUCKS ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was E.R. FUNCTION TRUCKS ApS founded?

E.R. FUNCTION TRUCKS ApS was founded on 22 March 2010.

What is the equity of E.R. FUNCTION TRUCKS ApS?

Equity was DKK 314k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.