MOTORCARE SERVICES HOLDING A/S

CVR 34600880 · Public limited company (A/S) · Active · Low risk

MOTORCARE SERVICES HOLDING A/S is a Public limited company (A/S), founded on , based in Svendborg. The company is registered in the industry engroshandel med reservedele og tilbehør til motorkøretøjer. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 19.0m and a net result of DKK 351k.

Bankruptcy risk for MOTORCARE SERVICES HOLDING A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
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
34600880
Status
Active
Company type
Public limited company (A/S)
Founded
(14 years)
Address
c/o Kjaer Group A/S, Grønnemosevej 6
5700 Svendborg
Municipality
Svendborg
Industry
Engroshandel med reservedele og tilbehør til motorkøretøjer (467200)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 35.2m
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 14
Missing annual reportNo
Negative equityNo
Equity ratio99.3%
Current ratio3,794%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -25kDKK -33kDKK -29k
Net profitDKK 351kDKK -4.6mDKK 829k
EquityDKK 19.0mDKK 20.5mDKK 25.0m
Total assetsDKK 19.2mDKK 20.5mDKK 25.1m
CashDKK 1,000DKK 0–
Short-term debtDKK 132kDKK 85k–
Tax owed–DKK 0–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: No audit assistance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022165
1 Jan 2021 – 31 Dec 2021154
1 Jan 2020 – 31 Dec 2020154
1 Jan 2019 – 31 Dec 2019155
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017148
1 Jan 2016 – 31 Dec 2016137
1 Jan 2015 – 31 Dec 2015141
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013187 Late
26 Jun 2012 – 31 Dec 2012135

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
CEOKlaus Karstensen
BoardFlemming EltangCurrent
BoardMads Krarup KjærCurrent
BoardPeter ReherCurrent
BoardKlaus Karstensen
BoardPer Schierning Lundgren
BoardHans Jørgen Malmmose Nyegaard
BoardRichard Valentin Nijhout
BoardMads Krarup Kjær
BoardFlemming Eltang
Owner (100%)KJAER GROUP A/SCurrent
Owner (20%)KJAER GROUP A/S
Owner (67%)Impact Fund Denmark (tidl. Investeringsfonden for Udviklingslande)
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderKJAER GROUP A/SCurrent

The CEOs' other companies

Klaus Karstensen – 8 other companies

Address history (1 moves)

c/o Kjaer Group A/S, Grønnemosevej 6, 5700 Svendborg
c/o Kjaer Group A/S, Grønnemosevej 6, 5700 Svendborg

Other companies at the same address

Similar companies in Svendborg

Questions and answers about MOTORCARE SERVICES HOLDING A/S

Has MOTORCARE SERVICES HOLDING A/S gone bankrupt?

No, MOTORCARE SERVICES HOLDING A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MOTORCARE SERVICES HOLDING A/S?

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

Who is the auditor of MOTORCARE SERVICES HOLDING A/S?

MOTORCARE SERVICES HOLDING A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was MOTORCARE SERVICES HOLDING A/S founded?

MOTORCARE SERVICES HOLDING A/S was founded on 26 June 2012.

What is the equity of MOTORCARE SERVICES HOLDING A/S?

Equity was DKK 19.0m 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.