FLEMMING REFSGAARDS TRAKTORSERVICE ApS

CVR 32667376 · Private limited company (ApS) · Active · Medium risk

FLEMMING REFSGAARDS TRAKTORSERVICE ApS is a Private limited company (ApS), founded on , based in Spøttrup. The company is registered in the industry engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 15 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 880k and a net result of DKK 128k. CEO: Flemming Refsgaard.

Bankruptcy risk for FLEMMING REFSGAARDS TRAKTORSERVICE ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
32667376
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Rødkælkevej 7
7860 Spøttrup
Municipality
Skive
Industry
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil (466100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 631k
Employees
4 (2018)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 15
Missing annual reportNo
Negative equityNo
Equity ratio19.5%
Current ratio181%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.4mDKK 1.9m
Net profitDKK 128kDKK 84k
EquityDKK 880kDKK 752k
Total assetsDKK 4.5mDKK 4.8m
CashDKK 8,031–
Short-term debtDKK 2.2m–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025120
1 Jul 2023 – 30 Jun 2024116
1 Jul 2022 – 30 Jun 2023173
1 Jul 2021 – 30 Jun 2022159
1 Jul 2020 – 30 Jun 2021160
1 Jul 2019 – 30 Jun 2020161
1 Jul 2018 – 30 Jun 2019162
1 Jul 2017 – 30 Jun 2018114
1 Jul 2016 – 30 Jun 2017117
1 Jul 2015 – 30 Jun 2016159
1 Jul 2014 – 30 Jun 2015155
1 Jul 2013 – 30 Jun 2014126
1 Jul 2012 – 30 Jun 2013158
1 Jul 2011 – 30 Jun 2012145
7 Jan 2010 – 30 Jun 2011130

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
CEOFlemming RefsgaardCurrent
BoardFlemming Refsgaard
BoardMichael Degn
BoardMartin Alex Møller Børsting
BoardMartin Gjørtz
BoardNickolaj Børsting Christensen
Owner (100%)FLEMMING REFSGAARD HOLDING ApSCurrent
Owner (67%)FLEMMING REFSGAARD HOLDING ApS
Owner (20%)MB BALLING HOLDING ApS
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
FounderFLEMMING REFSGAARD HOLDING ApSCurrent
FounderMB BALLING HOLDING ApSCurrent

The CEOs' other companies

Flemming Refsgaard – 1 other companies

Address history (1 moves)

Rødkælkevej 7, 7860 Spøttrup
Damgårdvej 10, 7860 Spøttrup

Former names

FLEMMING REFSGAARDS TRAKTORSERVICE ApS – now
FLEMMING REFSGAARDS TRAKTORSERVICE A/S –

Employees per year

Number of employees at FLEMMING REFSGAARDS TRAKTORSERVICE ApS per year472011: 720112012: 620122013: 620132014: 620142015: 620152016: 520162017: 620172018: 42018

Other companies at the same address

Similar companies in Skive

Questions and answers about FLEMMING REFSGAARDS TRAKTORSERVICE ApS

Has FLEMMING REFSGAARDS TRAKTORSERVICE ApS gone bankrupt?

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

What is the bankruptcy risk of FLEMMING REFSGAARDS TRAKTORSERVICE ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of FLEMMING REFSGAARDS TRAKTORSERVICE ApS?

Flemming Refsgaard is the CEO of FLEMMING REFSGAARDS TRAKTORSERVICE ApS.

Who is the auditor of FLEMMING REFSGAARDS TRAKTORSERVICE ApS?

FLEMMING REFSGAARDS TRAKTORSERVICE ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was FLEMMING REFSGAARDS TRAKTORSERVICE ApS founded?

FLEMMING REFSGAARDS TRAKTORSERVICE ApS was founded on 7 January 2010.

What is the equity of FLEMMING REFSGAARDS TRAKTORSERVICE ApS?

Equity was DKK 880k 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.