Morten Østergaard VVS ApS

CVR 37311979 · Private limited company (ApS) · Active · Low risk

Morten Østergaard VVS ApS is a Private limited company (ApS), founded on , based in Arden. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 758k and a net result of DKK 19k. CEO: Morten Østergaard.

Bankruptcy risk for Morten Østergaard VVS ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · 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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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
37311979
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Hvarrevej 33
9510 Arden
Municipality
Mariagerfjord
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
2 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio27.1%
Current ratio137%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.9mDKK 3.3m
Net profitDKK 19kDKK 79k
EquityDKK 758kDKK 739k
Total assetsDKK 2.8mDKK 2.5m
CashDKK 377k–
Short-term debtDKK 2.0m–
Tax owedDKK 9,780–
Avg. employees6–

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 2024164
1 Jan 2023 – 31 Dec 2023167
1 Jan 2022 – 31 Dec 202279
1 Jan 2021 – 31 Dec 2021165
1 Jan 2020 – 31 Dec 2020153
1 Jan 2019 – 31 Dec 2019167
1 Jan 2018 – 31 Dec 2018176
1 Jan 2017 – 31 Dec 2017150
4 Dec 2015 – 31 Dec 201696

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
CEOMorten ØstergaardCurrent
Owner (100%)Østergaard Arden Holding ApSCurrent
FounderØstergaard Arden Holding ApSCurrent

The CEOs' other companies

Morten Østergaard – 1 other companies

Address history (1 moves)

Hvarrevej 33, 9510 Arden
Hvarrevej 33, 9510 Arden

Employees per year

Number of employees at Morten Østergaard VVS ApS per year232016: 120162017: 320172018: 22018

Other companies at the same address

Similar companies in Mariagerfjord

Questions and answers about Morten Østergaard VVS ApS

Has Morten Østergaard VVS ApS gone bankrupt?

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

What is the bankruptcy risk of Morten Østergaard VVS ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Morten Østergaard VVS ApS?

Morten Østergaard is the CEO of Morten Østergaard VVS ApS.

Who is the auditor of Morten Østergaard VVS ApS?

Morten Østergaard VVS ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Morten Østergaard VVS ApS founded?

Morten Østergaard VVS ApS was founded on 4 December 2015.

What is the equity of Morten Østergaard VVS ApS?

Equity was DKK 758k 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.