FARMER PRODUCTS ApS

CVR 33243170 · Private limited company (ApS) · Active · Low risk

FARMER PRODUCTS ApS is a Private limited company (ApS), founded on , based in Aars. The company is registered in the industry fremstilling af landbrugs- og skovbrugsmaskiner. Our model estimates a bankruptcy risk of 1.1% over the next 12 months, which is 0.8 times the average for Danish companies. 14 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 117k and a net result of DKK 6,104. CEO: Knud Moesgaard Sørensen.

Bankruptcy risk for FARMER PRODUCTS ApS

1.1%
probability of bankruptcy within 12 months
Low risk

0.8 × the average (1.41%) · higher risk than 74% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Share of late annual reports25%–50% · bankruptcy rate 10.6%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 at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
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
33243170
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Granlidevej 22
9600 Aars
Municipality
Vesthimmerlands
Industry
Fremstilling af landbrugs- og skovbrugsmaskiner (283000)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 80k
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 14
Missing annual reportNo
Negative equityNo
Equity ratio53.1%
Current ratio213%
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 7,817DKK -4,721
Net profitDKK 6,104DKK -3,473
EquityDKK 117kDKK 111k
Total assetsDKK 221kDKK 131k
CashDKK 821–
Short-term debtDKK 104k–
Tax owedDKK 0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025185 Late
1 May 2023 – 30 Apr 2024181
1 May 2022 – 30 Apr 2023199 Late
1 May 2021 – 30 Apr 2022199 Late
1 May 2020 – 30 Apr 2021164
1 May 2019 – 30 Apr 2020159
1 May 2018 – 30 Apr 2019150
1 May 2017 – 30 Apr 201858
1 May 2016 – 30 Apr 2017158
1 May 2015 – 30 Apr 2016136
1 May 2014 – 30 Apr 2015158
1 Jan 2013 – 30 Apr 2014131
1 Jan 2012 – 31 Dec 2012154
8 Oct 2010 – 31 Dec 2011185 Late

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
CEOKnud Moesgaard SørensenCurrent
BoardKnud Moesgaard SørensenCurrent
BoardHanne JonassenCurrent
BoardNicolai Holm JensenCurrent
BoardMogens Fog Jensen
BoardLars Henrik Callesen
BoardJens Christian Winther
BoardAndreas Husfeldt Knudsen
Owner (100%)HECK ApSCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderFARMER INNOVATION ApSCurrent
FounderLUDWIG INVEST ApSCurrent

The CEOs' other companies

Knud Moesgaard Sørensen – 7 other companies

Address history (0 moves)

Granlidevej 22, 9600 Aars

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about FARMER PRODUCTS ApS

Has FARMER PRODUCTS ApS gone bankrupt?

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

What is the bankruptcy risk of FARMER PRODUCTS ApS?

Our model estimates a bankruptcy risk of 1.1% over the next 12 months (low risk), which is 0.8 times the average for Danish companies.

Who is the CEO of FARMER PRODUCTS ApS?

Knud Moesgaard Sørensen is the CEO of FARMER PRODUCTS ApS.

Who is the auditor of FARMER PRODUCTS ApS?

FARMER PRODUCTS ApS most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was FARMER PRODUCTS ApS founded?

FARMER PRODUCTS ApS was founded on 8 October 2010.

What is the equity of FARMER PRODUCTS ApS?

Equity was DKK 117k according to the annual report for the period ending 30 April 2025.

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