GALSGAARD SMEDE ApS

CVR 33885490 · Private limited company (ApS) · Active · Low risk

GALSGAARD SMEDE ApS is a Private limited company (ApS), founded on , based in Ringkøbing. The company is registered in the industry fremstilling af metalforarbejdende maskiner og maskinværktøj til bearbejdning af metal. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 14 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.6m and a net result of DKK 120k. CEO: Peter Smitsdorf Galsgaard, Jeppe Wolff Kristensen.

Bankruptcy risk for GALSGAARD SMEDE ApS

0.2%
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

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%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×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
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
33885490
Status
Active
Company type
Private limited company (ApS)
Founded
(15 years)
Address
c/o Galsgaard Smede Aps, Rødebro 7
6950 Ringkøbing
Municipality
Ringkøbing-Skjern
Industry
Fremstilling af metalforarbejdende maskiner og maskinværktøj til bearbejdning af metal (284100)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 80k
Employees
4 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 14
Missing annual reportNo
Negative equityNo
Equity ratio39.2%
Current ratio86%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.4mDKK 2.8mDKK 2.0m
Net profitDKK 120kDKK 92kDKK 356k
EquityDKK 1.6mDKK 1.4mDKK 1.6m
Total assetsDKK 4.0mDKK 4.3mDKK 4.1m
Short-term debtDKK 2.4mDKK 2.8m–
Tax owed–DKK 0–
Avg. employees53–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020141
1 Jan 2019 – 31 Dec 2019137
1 Jan 2018 – 31 Dec 2018116
1 Jan 2017 – 31 Dec 2017148
1 Jan 2016 – 31 Dec 2016100
1 Jan 2015 – 31 Dec 2015103
1 Jan 2014 – 31 Dec 2014131
1 Jan 2013 – 31 Dec 201392
13 Sep 2011 – 31 Dec 201284

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
CEOPeter Smitsdorf GalsgaardCurrent
CEOJeppe Wolff KristensenCurrent
BoardPeter Smitsdorf Galsgaard
Owner (33%)Peter Smitsdorf GalsgaardCurrent
Owner (33%)Jeppe Wolff KristensenCurrent
Owner (25%)Peter Brink LauridsenCurrent
Owner (25%)Jeppe Wolff Kristensen
Owner (33%)Jeppe Wolff Kristensen
AuditorME-Ringkøbing A/S
FounderPeter Smitsdorf GalsgaardCurrent

The CEOs' other companies

Peter Smitsdorf Galsgaard – 2 other companies

Jeppe Wolff Kristensen – 1 other companies

Address history (0 moves)

c/o Galsgaard Smede Aps, Rødebro 7, 6950 Ringkøbing

Employees per year

Number of employees at GALSGAARD SMEDE ApS per year242012: 120122013: 120132014: 220142015: 220152016: 120162017: 320172018: 42018

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about GALSGAARD SMEDE ApS

Has GALSGAARD SMEDE ApS gone bankrupt?

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

What is the bankruptcy risk of GALSGAARD SMEDE ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of GALSGAARD SMEDE ApS?

Peter Smitsdorf Galsgaard, Jeppe Wolff Kristensen are the CEOs of GALSGAARD SMEDE ApS.

Who is the auditor of GALSGAARD SMEDE ApS?

GALSGAARD SMEDE ApS most recently used Beierholm.

When was GALSGAARD SMEDE ApS founded?

GALSGAARD SMEDE ApS was founded on 13 September 2011.

What is the equity of GALSGAARD SMEDE ApS?

Equity was DKK 1.6m 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.