BITMASCH ApS

CVR 32349528 · Private limited company (ApS) · Active · Low risk

BITMASCH ApS is a Private limited company (ApS), founded on , based in Skovlunde. The company is registered in the industry computerprogrammering. 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, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 279k and a net result of DKK 26k. CEO: Martin Clemmensen.

Bankruptcy risk for BITMASCH ApS

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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · 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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×

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
32349528
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
c/o Martin Clemmensen, Kirkebyvej 17
2740 Skovlunde
Municipality
Ballerup
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 12
Missing annual reportNo
Negative equityNo
Equity ratio83.5%
Current ratio606%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 694kDKK 700kDKK 685k
Net profitDKK 26kDKK -4,136DKK 8,381
EquityDKK 279kDKK 273kDKK 327k
Total assetsDKK 334kDKK 347kDKK 407k
CashDKK 217kDKK 312k–
Short-term debtDKK 55kDKK 74k–
Tax owedDKK 1,034DKK 3,407–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024163
1 Jan 2023 – 31 Dec 2023188 Late
1 Jan 2022 – 31 Dec 2022163
1 Jan 2021 – 31 Dec 2021158
1 Jan 2020 – 31 Dec 2020104
1 Jan 2019 – 31 Dec 2019243 Late
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016149
1 Jan 2015 – 31 Dec 2015150
9 Jun 2014 – 31 Dec 2014174

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 ClemmensenCurrent
CEOAndrew David Bulatovic Schumer
Owner (100%)Martin ClemmensenCurrent
Owner (50%)Andrew David Bulatovic Schumer
Owner (50%)Martin Clemmensen
FounderAndrew David Bulatovic SchumerCurrent
FounderMartin ClemmensenCurrent

The CEOs' other companies

Martin Clemmensen – 1 other companies

Address history (2 moves)

c/o Martin Clemmensen, Kirkebyvej 17, 2740 Skovlunde
c/o Martin Clemmensen, Straussvej 12, 3. tv, 2450 København SV
c/o Martin Clemmensen, Borups Alle 113G, 2., 2000 Frederiksberg

Former names

BITMASCH ApS – now
BITMASCH IVS –

Employees per year

Number of employees at BITMASCH ApS per year112014: 120142015: 120152016: 120162017: 120172018: 02018

Similar companies in Ballerup

Questions and answers about BITMASCH ApS

Has BITMASCH ApS gone bankrupt?

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

What is the bankruptcy risk of BITMASCH 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 BITMASCH ApS?

Martin Clemmensen is the CEO of BITMASCH ApS.

When was BITMASCH ApS founded?

BITMASCH ApS was founded on 9 June 2014.

What is the equity of BITMASCH ApS?

Equity was DKK 279k 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.