VISION MAST ApS

CVR 36419768 · Private limited company (ApS) · Active · Low risk

VISION MAST ApS is a Private limited company (ApS), founded on , based in Kerteminde. The company is registered in the industry bygning af både til fritid og sport. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 11 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Mar 2026) shows equity of DKK 545k and a net result of DKK -16k. CEO: Henrik Mortensen.

Bankruptcy risk for VISION MAST ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

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×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
36419768
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Søndre Havnekaj 19
5300 Kerteminde
Municipality
Kerteminde
Industry
Bygning af både til fritid og sport (301200)
Bankruptcies in the industry: Fremstilling af cykler og invalidekøretøjer
Share capital
DKK 50k
Auditor
VH Revision Registrerede Revisorer ApS
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityNo
Equity ratio77.0%
Current ratio434%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyNo

Financials and key figures

Financial year20262025
Gross profitDKK -30kDKK -94k
Net profitDKK -16kDKK -66k
EquityDKK 545kDKK 561k
Total assetsDKK 708kDKK 739k
CashDKK 3,820–
Short-term debtDKK 163k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · VH Revision Registrerede Revisorer ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026154
1 Apr 2024 – 31 Mar 2025184 Late
1 Apr 2023 – 31 Mar 2024164
1 Apr 2022 – 31 Mar 2023153
1 Apr 2021 – 31 Mar 2022188 Late
1 Apr 2020 – 31 Mar 2021182
1 Apr 2019 – 31 Mar 2020226 Late
1 Apr 2018 – 31 Mar 2019152
1 Apr 2017 – 31 Mar 2018150
1 Apr 2016 – 31 Mar 2017151
22 Oct 2014 – 31 Mar 2016154

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
CEOHenrik MortensenCurrent
CEOJan Skov Andersen
Owner (100%)GLASTECH COMPOSITE ApSCurrent
Owner (50%)Jan Skov Andersen
Owner (50%)GLASTECH COMPOSITE ApS
AuditorVH REVISION REGISTREREDE REVISORER ApS
FounderJan Skov AndersenCurrent
FounderGLASTECH COMPOSITE ApSCurrent

The CEOs' other companies

Henrik Mortensen – 8 other companies, of which 1 bankrupt

Jan Skov Andersen – 3 other companies, of which 1 bankrupt

Address history (2 moves)

Søndre Havnekaj 19, 5300 Kerteminde
Ny Stenderupvej 7, 5672 Broby
c/o Glastech Composite ApS, Pårupvej 37, 5540 Ullerslev

Other companies at the same address

Similar companies in Kerteminde

Questions and answers about VISION MAST ApS

Has VISION MAST ApS gone bankrupt?

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

What is the bankruptcy risk of VISION MAST ApS?

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

Who is the CEO of VISION MAST ApS?

Henrik Mortensen is the CEO of VISION MAST ApS.

Who is the auditor of VISION MAST ApS?

VISION MAST ApS most recently used VH Revision Registrerede Revisorer ApS.

When was VISION MAST ApS founded?

VISION MAST ApS was founded on 22 October 2014.

What is the equity of VISION MAST ApS?

Equity was DKK 545k according to the annual report for the period ending 31 March 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.