Cipax Danmark ApS

CVR 35021310 · Private limited company (ApS) · Active · Low risk

Cipax Danmark ApS is a Private limited company (ApS), founded on , based in Kalvehave. The company is registered in the industry fremstilling af andre plastprodukter. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 23.5m and a net result of DKK 5.7m. CEO: Michael Endsgaard.

Bankruptcy risk for Cipax Danmark ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
35021310
Status
Active
Company type
Private limited company (ApS)
Founded
(51 years)
Address
Kalvehave Havnevej 3B
4771 Kalvehave
Municipality
Vordingborg
Industry
Fremstilling af andre plastprodukter (222600)
Bankruptcies in the industry: Fremstilling af andre plastprodukter
Share capital
DKK 240k
Employees
19 (2018)
Auditor
PIASTER REVISORERNE, GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 30
Missing annual reportNo
Negative equityNo
Equity ratio88.2%
Current ratio590%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 21.5mDKK 29.0m
Net profitDKK 5.7mDKK 7.5m
EquityDKK 23.5mDKK 21.8m
Total assetsDKK 26.7mDKK 25.0m
CashDKK 8.7m–
Short-term debtDKK 2.7m–
Tax owedDKK 0–
Avg. employees27–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Piaster Revisorerne, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202585
1 Jul 2023 – 31 Dec 202499
1 Jul 2022 – 30 Jun 202374
1 Jul 2021 – 30 Jun 202267
1 Jul 2020 – 30 Jun 202165
1 Jul 2019 – 30 Jun 202059
1 Jul 2018 – 30 Jun 201965
1 Jul 2017 – 30 Jun 201865
1 Jul 2016 – 30 Jun 201777
1 Jul 2015 – 30 Jun 201653
1 Jul 2014 – 30 Jun 201580
1 Jul 2013 – 30 Jun 201474
1 Jul 2012 – 30 Jun 201373
1 Jul 2011 – 30 Jun 201267
1 Jul 2010 – 30 Jun 201174
1 Jul 2009 – 30 Jun 201081
1 Jul 2008 – 30 Jun 200958
1 Jul 2007 – 30 Jun 200870
1 Jul 2006 – 30 Jun 200747
1 Jul 2005 – 30 Jun 200681

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
CEOMichael EndsgaardCurrent
CEOIb Endsgaard
BoardMichael EndsgaardCurrent
BoardHans EndsgaardCurrent
BoardMarie Ek JonssonCurrent
BoardMats SvenssonCurrent
BoardLennart PerssonCurrent
BoardBritt Ida Marilyn LindhCurrent
BoardAnnalise Endsgaard
BoardVicki Endsgaard
BoardIb Endsgaard
BoardLennart Persson
Owner (100%)Cipax Industri ABCurrent
Owner (33%)VICKI ENDSGAARD HOLDING ApS
Owner (33%)HE 74 ApS
Owner (33%)M65 ApS
Owner (50%)HE 74 ApS
Owner (50%)M65 ApS
AuditorPIASTER REVISORERNE, GODKENDT REVISIONSAKTIESELSKABCurrent
AuditorPAO, KØBENHAVN A/S
AuditorPricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorKaj Gabriel Piaster
AuditorRågeleje af 12. august 2021 ApS

The CEOs' other companies

Michael Endsgaard – 2 other companies

Ib Endsgaard – 2 other companies

Address history (3 moves)

Kalvehave Havnevej 3B, 4771 Kalvehave
Kalvehave Havnevej 3, 4771 Kalvehave
Kalvehave Havnevej 3, 4771 Kalvehave
Ny Vordingborgvej 53, 4771 Kalvehave

Former names

Cipax Danmark ApS – now
DANSK ROTATIONS PLASTIC ApS –

Employees per year

Number of employees at Cipax Danmark ApS per year10202011: 1920112012: 1820122013: 1920132014: 2020142015: 1720152016: 1620162017: 1820172018: 192018

Other companies at the same address

Similar companies in Vordingborg

Questions and answers about Cipax Danmark ApS

Has Cipax Danmark ApS gone bankrupt?

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

What is the bankruptcy risk of Cipax Danmark 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 Cipax Danmark ApS?

Michael Endsgaard is the CEO of Cipax Danmark ApS.

Who is the auditor of Cipax Danmark ApS?

Cipax Danmark ApS most recently used PIASTER REVISORERNE, GODKENDT REVISIONSAKTIESELSKAB.

When was Cipax Danmark ApS founded?

Cipax Danmark ApS was founded on 8 February 1975.

What is the equity of Cipax Danmark ApS?

Equity was DKK 23.5m 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.