MARINE SERVICE PARTNERS JOINT VENTURE ApS

CVR 36051485 · Private limited company (ApS) · Active · High risk

MARINE SERVICE PARTNERS JOINT VENTURE ApS is a Private limited company (ApS), founded on , based in Svendborg. The company is registered in the industry anlæg af vandveje, havne, diger, dæmninger mv.. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 11 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 -1.2m and a net result of DKK 103k. CEO: Kenneth Borch-Andersen.

Bankruptcy risk for MARINE SERVICE PARTNERS JOINT VENTURE ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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
36051485
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Grønlandsvej 1
5700 Svendborg
Municipality
Svendborg
Industry
Anlæg af vandveje, havne, diger, dæmninger mv. (429100)
Bankruptcies in the industry: Anlæg af ledningsnet til væsker
Share capital
DKK 60k
Auditor
Baker Tilly Denmark
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-111.4%
Current ratio47%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 107kDKK 187kDKK -2,829
Net profitDKK 103kDKK 188kDKK -2,859
EquityDKK -1.2mDKK -1.3mDKK -1.5m
Total assetsDKK 1.1mDKK 3.1mDKK 1.5m
CashDKK 15kDKK 287k–
Short-term debtDKK 2.3mDKK 4.4m–
Avg. employees1––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 202274
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020140
1 Jan 2019 – 31 Dec 2019181
1 Jan 2018 – 31 Dec 2018130
1 Jan 2017 – 31 Dec 2017142
1 Jan 2016 – 31 Dec 2016137
23 Jul 2014 – 31 Dec 2015144

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
CEOKenneth Borch-AndersenCurrent
CEOJens Kjærgaard
Owner (33%)NORDIC MARINE SERVICE A/SCurrent
Owner (33%)Svensk Sjöentreprenad ABCurrent
Owner (33%)Baltic Taucherei- und Bergungsbetrieb Rostock GmbHCurrent
Owner (33%)Kenneth Borch-Andersen
AuditorRegistreret revisionsfirma Torben Andersen
AuditorRevisorgruppen v/Gotfredsen I/S
AuditorREVISIONSCENTRET AABENRAA & PADBORG GODKENDT REVISIONSAKTIESELSKAB
AuditorAIDER Godkendt Revisionsaktieselskab
FounderNORDIC MARINE SERVICE A/SCurrent

The CEOs' other companies

Kenneth Borch-Andersen – 3 other companies

Jens Kjærgaard – 9 other companies, of which 4 bankrupt

Address history (0 moves)

Grønlandsvej 1, 5700 Svendborg

Other companies at the same address

Similar companies in Svendborg

Questions and answers about MARINE SERVICE PARTNERS JOINT VENTURE ApS

Has MARINE SERVICE PARTNERS JOINT VENTURE ApS gone bankrupt?

No, MARINE SERVICE PARTNERS JOINT VENTURE ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MARINE SERVICE PARTNERS JOINT VENTURE ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of MARINE SERVICE PARTNERS JOINT VENTURE ApS?

Kenneth Borch-Andersen is the CEO of MARINE SERVICE PARTNERS JOINT VENTURE ApS.

Who is the auditor of MARINE SERVICE PARTNERS JOINT VENTURE ApS?

MARINE SERVICE PARTNERS JOINT VENTURE ApS most recently used Baker Tilly Denmark.

When was MARINE SERVICE PARTNERS JOINT VENTURE ApS founded?

MARINE SERVICE PARTNERS JOINT VENTURE ApS was founded on 23 July 2014.

What is the equity of MARINE SERVICE PARTNERS JOINT VENTURE ApS?

Equity was DKK -1.2m 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.