RAILTECH DENMARK ApS

CVR 32669123 · Private limited company (ApS) · Active · Low risk

RAILTECH DENMARK ApS is a Private limited company (ApS), founded on , based in Hinnerup. The company is registered in the industry anlæg af jernbaner og undergrundsbaner. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 16 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 832k and a net result of DKK 311k. CEO: Martin Grønne Bisgaard Madsen.

Bankruptcy risk for RAILTECH DENMARK ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Employees (latest year)2–5 · 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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
32669123
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Haarvadbro 10A
8382 Hinnerup
Municipality
Favrskov
Industry
Anlæg af jernbaner og undergrundsbaner (421200)
Bankruptcies in the industry: Anlæg af ledningsnet til væsker
Share capital
DKK 125k
Employees
3 (2018)
Auditor
Revisionshuset Tal & Tanker Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio43.3%
Current ratio166%
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 2.6mDKK 2.7m
Net profitDKK 311kDKK 292k
EquityDKK 832kDKK 821k
Total assetsDKK 1.9mDKK 1.9m
CashDKK 1.6m–
Short-term debtDKK 1.1m–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revisionshuset Tal & Tanker, Statsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202591
1 Jan 2024 – 31 Dec 202479
1 Jan 2023 – 31 Dec 202345
1 Jan 2022 – 31 Dec 202243
1 Jan 2021 – 31 Dec 202135
1 Jan 2020 – 31 Dec 202046
1 Jan 2019 – 31 Dec 201941
1 Jan 2018 – 31 Dec 201839
1 Jan 2017 – 31 Dec 2017122
1 Jan 2016 – 31 Dec 201694
1 Jan 2015 – 31 Dec 201536
1 Jan 2014 – 31 Dec 201433
1 Jan 2013 – 31 Dec 201359
1 Jan 2012 – 31 Dec 201257
1 Jan 2011 – 31 Dec 201157
7 Jan 2010 – 31 Dec 2010104

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 Grønne Bisgaard MadsenCurrent
Owner (100%)Railtech Holding ApSCurrent
Owner (100%)Martin Grønne Bisgaard Madsen
AuditorRevisionshuset Tal & Tanker Statsautoriseret RevisionspartnerselskabCurrent
AuditorKRESTON JC STATSAUTORISERET REVISIONSANPARTSSELSKAB
AuditorKvist & Jensen SR, Randers A/S
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
FounderMartin Grønne Bisgaard MadsenCurrent

The CEOs' other companies

Martin Grønne Bisgaard Madsen – 2 other companies

Address history (2 moves)

Haarvadbro 10A, 8382 Hinnerup
Haarvadbro 10A, 8382 Hinnerup
Haarvadbro 10 a, 8382 Hinnerup

Former names

RAILTECH DENMARK ApS – now
MARTIN BISGAARD MADSEN HOLDING ApS –

Employees per year

Number of employees at RAILTECH DENMARK ApS per year232014: 120142015: 120152016: 220162017: 220172018: 32018

Other companies at the same address

Questions and answers about RAILTECH DENMARK ApS

Has RAILTECH DENMARK ApS gone bankrupt?

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

What is the bankruptcy risk of RAILTECH DENMARK ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of RAILTECH DENMARK ApS?

Martin Grønne Bisgaard Madsen is the CEO of RAILTECH DENMARK ApS.

Who is the auditor of RAILTECH DENMARK ApS?

RAILTECH DENMARK ApS most recently used Revisionshuset Tal & Tanker Statsautoriseret Revisionspartnerselskab.

When was RAILTECH DENMARK ApS founded?

RAILTECH DENMARK ApS was founded on 7 January 2010.

What is the equity of RAILTECH DENMARK ApS?

Equity was DKK 832k 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.