RedMaden ApS

CVR 36956712 · Private limited company (ApS) · Active · Low risk

RedMaden ApS is a Private limited company (ApS), founded on , based in Brabrand. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 10 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 381k and a net result of DKK 9,504.

Bankruptcy risk for RedMaden 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

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
36956712
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Trille Lucassens Gade 64
8220 Brabrand
Municipality
Aarhus
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Employees
2 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 10
Missing annual reportNo
Negative equityNo
Equity ratio84.1%
Current ratio628%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 7,714DKK -20k
Net profitDKK 9,504DKK -3,389
EquityDKK 381kDKK 371k
Total assetsDKK 453kDKK 390k
CashDKK 98k–
Short-term debtDKK 72k–
Avg. employees1–

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 202559
1 Jan 2024 – 31 Dec 202466
1 Jan 2023 – 31 Dec 202371
1 Jan 2022 – 31 Dec 2022166
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020194 Late
1 Jan 2019 – 31 Dec 2019246 Late
1 Jan 2018 – 31 Dec 2018166
1 Jan 2017 – 31 Dec 2017170
3 Jul 2015 – 31 Dec 2016165

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
Owner (100%)Martin Bay PedersenCurrent
Owner (100%)Martin Bay Holding ApSCurrent
FounderMartin Bay Holding ApSCurrent

Address history (3 moves)

Trille Lucassens Gade 64, 8220 Brabrand
Jyllandsgade 4, 1. mf, 7400 Herning
Bredgade 44B, 2. tv, 7400 Herning
Museumsgade 15, 1., 7400 Herning

Former names

RedMaden ApS – now
Martin Bay ApS –

Employees per year

Number of employees at RedMaden ApS per year242015: 120152016: 420162017: 220172018: 22018

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Questions and answers about RedMaden ApS

Has RedMaden ApS gone bankrupt?

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

What is the bankruptcy risk of RedMaden 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 auditor of RedMaden ApS?

RedMaden ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was RedMaden ApS founded?

RedMaden ApS was founded on 3 July 2015.

What is the equity of RedMaden ApS?

Equity was DKK 381k 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.