NY VESTERGAARD ApS

CVR 32334520 · Private limited company (ApS) · Active · Low risk

NY VESTERGAARD ApS is a Private limited company (ApS), founded on , based in Grindsted. The company is registered in the industry blandet landbrugsdrift. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 12 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 57.7m and a net result of DKK 11.4m. CEO: Martin Lund Madsen.

Bankruptcy risk for NY VESTERGAARD ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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
32334520
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Lundhedevej 25A
7200 Grindsted
Municipality
Billund
Industry
Blandet landbrugsdrift (015000)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 500k
Employees
18 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 12
Missing annual reportNo
Negative equityNo
Equity ratio22.9%
Current ratio23%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address23
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 30.3mDKK 18.2mDKK 15.7m
Net profitDKK 11.4mDKK 3.8mDKK 3.8m
EquityDKK 57.7mDKK 40.7mDKK 35.4m
Total assetsDKK 251.5mDKK 142.5mDKK 132.1m
Short-term debtDKK 47.1mDKK 23.4m–
Avg. employees1616–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 202477
1 Jan 2023 – 31 Dec 202396
1 Jan 2022 – 31 Dec 202272
1 Jan 2021 – 31 Dec 202174
1 Jan 2020 – 31 Dec 202064
1 Jan 2019 – 31 Dec 201966
1 Jan 2018 – 31 Dec 201867
1 Jan 2017 – 31 Dec 201759
1 Jan 2016 – 31 Dec 201660
1 Jan 2015 – 31 Dec 201564
18 Feb 2014 – 31 Dec 201468

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
CEOMartin Lund MadsenCurrent
Owner (100%)MSF Group ApSCurrent
Owner (100%)MLM GROUP A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderMLM GROUP A/SCurrent

The CEOs' other companies

Martin Lund Madsen – 29 other companies

Address history (1 moves)

Lundhedevej 25A, 7200 Grindsted
Hovedvej A1 26, 6740 Bramming

Employees per year

Number of employees at NY VESTERGAARD ApS per year9182014: 920142015: 1220152016: 1220162017: 1820172018: 182018

Other companies at the same address

Similar companies in Billund

Questions and answers about NY VESTERGAARD ApS

Has NY VESTERGAARD ApS gone bankrupt?

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

What is the bankruptcy risk of NY VESTERGAARD ApS?

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 NY VESTERGAARD ApS?

Martin Lund Madsen is the CEO of NY VESTERGAARD ApS.

Who is the auditor of NY VESTERGAARD ApS?

NY VESTERGAARD ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was NY VESTERGAARD ApS founded?

NY VESTERGAARD ApS was founded on 18 February 2014.

What is the equity of NY VESTERGAARD ApS?

Equity was DKK 57.7m 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.