C. E. MATTHES FURNITURE ApS

CVR 35891935 · Private limited company (ApS) · Active · Low risk

C. E. MATTHES FURNITURE ApS is a Private limited company (ApS), founded on , based in Silkeborg. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 12 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 140k and a net result of DKK 6,518. CEO: Torben Djurhuus Matthes.

Bankruptcy risk for C. E. MATTHES FURNITURE ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% 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×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
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
35891935
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Ellingvej 18A
8600 Silkeborg
Municipality
Silkeborg
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 12
Missing annual reportNo
Negative equityNo
Equity ratio55.8%
Current ratio230%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 85kDKK 86kDKK 98k
Net profitDKK 6,518DKK 14kDKK 13k
EquityDKK 140kDKK 133kDKK 120k
Total assetsDKK 251kDKK 252kDKK 230k
CashDKK 43kDKK 11k–
Short-term debtDKK 109kDKK 119k–

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 2025140
1 Jan 2024 – 31 Dec 2024117
1 Jan 2023 – 31 Dec 2023159
1 Jan 2022 – 31 Dec 202295
1 Jan 2021 – 31 Dec 2021146
1 Jan 2020 – 31 Dec 2020163
1 Jan 2019 – 31 Dec 2019238 Late
1 Jan 2018 – 31 Dec 2018100
1 Jan 2017 – 31 Dec 2017100
1 Jan 2016 – 31 Dec 2016113
1 Jan 2015 – 31 Dec 2015152
19 Jun 2014 – 31 Dec 2014189 Late

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
CEOTorben Djurhuus MatthesCurrent
BoardTorben Djurhuus MatthesCurrent
BoardRasmus Matthes BülowCurrent
Owner (100%)Torben Djurhuus MatthesCurrent
Owner (5%)Rasmus Matthes Bülow
FounderRasmus Matthes BülowCurrent

Address history (0 moves)

Ellingvej 18A, 8600 Silkeborg

Employees per year

Number of employees at C. E. MATTHES FURNITURE ApS per year112015: 020152017: 120172018: 02018

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Questions and answers about C. E. MATTHES FURNITURE ApS

Has C. E. MATTHES FURNITURE ApS gone bankrupt?

No, C. E. MATTHES FURNITURE ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of C. E. MATTHES FURNITURE ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of C. E. MATTHES FURNITURE ApS?

Torben Djurhuus Matthes is the CEO of C. E. MATTHES FURNITURE ApS.

When was C. E. MATTHES FURNITURE ApS founded?

C. E. MATTHES FURNITURE ApS was founded on 19 June 2014.

What is the equity of C. E. MATTHES FURNITURE ApS?

Equity was DKK 140k 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.