SMARTMAG ApS

CVR 34048444 · Private limited company (ApS) · Active · Very high risk

SMARTMAG ApS is a Private limited company (ApS), founded on , based in Brovst. The company is registered in the industry fremstilling af våben og ammunition. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 14 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 -1.0m and a net result of DKK -1,867.

Bankruptcy risk for SMARTMAG ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Capital changes1 · bankruptcy rate 7.0%0.80×

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
34048444
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Ølandvej 2
9460 Brovst
Municipality
Jammerbugt
Industry
Fremstilling af våben og ammunition (253000)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 120k
Employees
1 (2014)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 14
Missing annual reportNo
Negative equityYes
Equity ratio-362.0%
Current ratio22%
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 -1,481DKK -3,915
Net profitDKK -1,867DKK -3,580
EquityDKK -1.0mDKK -1.0m
Total assetsDKK 288kDKK 289k
CashDKK 0–
Short-term debtDKK 1.3m–
Tax owedDKK 0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019255 Late
1 Jan 2018 – 31 Dec 2018153
1 Jan 2017 – 31 Dec 2017164
1 Jan 2016 – 31 Dec 2016170
1 Jan 2015 – 31 Dec 2015181
1 Jan 2014 – 31 Dec 2014191 Late
1 Jan 2013 – 31 Dec 2013174
10 Nov 2011 – 31 Dec 2012161

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
Owner (100%)Valteryx Holding APSCurrent
Owner (67%)Valteryx Holding APS
Owner (33%)KLARBORG ApS
AuditorFrost Erhverv ApS
AuditorIndustrivej 10, Aabybro A/S
FounderValteryx Holding APSCurrent

Address history (2 moves)

Ølandvej 2, 9460 Brovst
Åvej 16, 9400 Nørresundby
Ølandvej 2, 9460 Brovst

Former names

SMARTMAG ApS – now
TRUE TRAINING ApS –
MAKLARBAK TRUE TRAINING ApS –
MAKLARBAK TRUE TRADING ApS –
MAKLARBAK ApS –

Employees per year

Number of employees at SMARTMAG ApS per year122012: 020122013: 220132014: 12014

Other companies at the same address

Similar companies in Jammerbugt

Questions and answers about SMARTMAG ApS

Has SMARTMAG ApS gone bankrupt?

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

What is the bankruptcy risk of SMARTMAG ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

When was SMARTMAG ApS founded?

SMARTMAG ApS was founded on 10 November 2011.

What is the equity of SMARTMAG ApS?

Equity was DKK -1.0m 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.