MAST ENGINEERING ApS

CVR 34489548 · Private limited company (ApS) · Active · Low risk

MAST ENGINEERING ApS is a Private limited company (ApS), founded on , based in Tjæreborg. The company is registered in the industry rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 14 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 481k and a net result of DKK 23k. CEO: Jonas Jakobsen Madsen.

Bankruptcy risk for MAST ENGINEERING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
34489548
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Østerbyvej 17
6731 Tjæreborg
Municipality
Esbjerg
Industry
Rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik (711220)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 80k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 14
Missing annual reportNo
Negative equityNo
Equity ratio72.4%
Current ratio1,167%
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 year202520242023
Revenue––DKK 671k
Gross profitDKK -20kDKK 50kDKK 472k
Net profitDKK 23kDKK 52kDKK 59k
EquityDKK 481kDKK 459kDKK 524k
Total assetsDKK 664kDKK 668kDKK 859k
CashDKK 639kDKK 119k–
Short-term debtDKK 57kDKK 92k–

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 2025161
1 Jan 2024 – 31 Dec 2024195 Late
1 Jan 2023 – 31 Dec 2023152
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021144
1 Jan 2020 – 31 Dec 2020175
1 Jan 2019 – 31 Dec 2019119
1 Jan 2018 – 31 Dec 2018121
1 Jan 2017 – 31 Dec 2017134
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014159
1 Jan 2013 – 31 Dec 2013168
7 May 2012 – 31 Dec 2012150

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
CEOJonas Jakobsen MadsenCurrent
Owner (100%)Jonas Jakobsen MadsenCurrent
FounderJonas Jakobsen MadsenCurrent

Address history (1 moves)

Østerbyvej 17, 6731 Tjæreborg
Østerbyvej 17, 6731 Tjæreborg

Employees per year

Number of employees at MAST ENGINEERING ApS per year122016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about MAST ENGINEERING ApS

Has MAST ENGINEERING ApS gone bankrupt?

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

What is the bankruptcy risk of MAST ENGINEERING ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of MAST ENGINEERING ApS?

Jonas Jakobsen Madsen is the CEO of MAST ENGINEERING ApS.

When was MAST ENGINEERING ApS founded?

MAST ENGINEERING ApS was founded on 7 May 2012.

What is the equity of MAST ENGINEERING ApS?

Equity was DKK 481k 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.