MIDTJYSK RUSTFRI ApS

CVR 35376194 · Private limited company (ApS) · Active · Low risk

MIDTJYSK RUSTFRI ApS is a Private limited company (ApS), founded on , based in Kjellerup. The company is registered in the industry smedning og valsning af metal samt pulvermetallurgi. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 13 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 2.8m and a net result of DKK 1.0m. CEO: Peter Michaelsen.

Bankruptcy risk for MIDTJYSK RUSTFRI ApS

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

Number of auditors (historical)0 · bankruptcy rate 12.5%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×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
35376194
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Almtoftvej 24
8620 Kjellerup
Municipality
Silkeborg
Industry
Smedning og valsning af metal samt pulvermetallurgi (254000)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 80k
Employees
9 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 13
Missing annual reportNo
Negative equityNo
Equity ratio56.9%
Current ratio218%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 5.8mDKK 4.1m
Net profitDKK 1.0mDKK 316k
EquityDKK 2.8mDKK 1.8m
Total assetsDKK 4.9mDKK 3.1m
CashDKK 1.2m–
Short-term debtDKK 2.1m–
Tax owedDKK 241k–
Avg. employees9–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023157
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021174
1 Jan 2020 – 31 Dec 2020174
1 Jan 2019 – 31 Dec 2019248 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017149
1 Jan 2016 – 31 Dec 2016149
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014161
1 Jan 2013 – 31 Dec 2013161

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 MichaelsenCurrent
Owner (100%)Peter MichaelsenCurrent
FounderPeter MichaelsenCurrent

Address history (0 moves)

Almtoftvej 24, 8620 Kjellerup

Employees per year

Number of employees at MIDTJYSK RUSTFRI ApS per year5102013: 620132014: 820142015: 920152016: 820162017: 1020172018: 92018

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about MIDTJYSK RUSTFRI ApS

Has MIDTJYSK RUSTFRI ApS gone bankrupt?

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

What is the bankruptcy risk of MIDTJYSK RUSTFRI ApS?

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 CEO of MIDTJYSK RUSTFRI ApS?

Peter Michaelsen is the CEO of MIDTJYSK RUSTFRI ApS.

Who is the auditor of MIDTJYSK RUSTFRI ApS?

MIDTJYSK RUSTFRI ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MIDTJYSK RUSTFRI ApS founded?

MIDTJYSK RUSTFRI ApS was founded on 12 June 2013.

What is the equity of MIDTJYSK RUSTFRI ApS?

Equity was DKK 2.8m 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.