M. Olesen Autoværksted ApS

CVR 37534382 · Private limited company (ApS) · Active · Low risk

M. Olesen Autoværksted ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 161k and a net result of DKK 24k. CEO: Adis Budimovic.

Bankruptcy risk for M. Olesen Autoværksted ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · 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×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
37534382
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Hvidkildevej 4
7400 Herning
Municipality
Herning
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 50k
Employees
1 (2018)
Auditor
Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 10
Missing annual reportNo
Negative equityNo
Equity ratio10.1%
Current ratio99%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 993kDKK 1.1m
Net profitDKK 24kDKK 119k
EquityDKK 161kDKK 138k
Total assetsDKK 1.6mDKK 1.5m
CashDKK 2,701–
Short-term debtDKK 1.4m–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 202471
1 Jan 2023 – 31 Dec 2023137
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020190 Late
1 Jan 2019 – 31 Dec 201999
1 Jan 2018 – 31 Dec 201844
1 Jan 2017 – 31 Dec 2017109
1 Jan 2016 – 31 Dec 2016110

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
CEOAdis BudimovicCurrent
CEOHenry Olesen
CEOOle Garner Nielsen
Owner (100%)M. Olesen Holding ApSCurrent
Owner (100%)Olesen Holding, Herning ApS
FounderHenry OlesenCurrent

The CEOs' other companies

Adis Budimovic – 1 other companies

Henry Olesen – 2 other companies

Ole Garner Nielsen – 3 other companies

Address history (0 moves)

Hvidkildevej 4, 7400 Herning

Employees per year

Number of employees at M. Olesen Autoværksted ApS per year122016: 220162017: 220172018: 12018

Other companies at the same address

Similar companies in Herning

Questions and answers about M. Olesen Autoværksted ApS

Has M. Olesen Autoværksted ApS gone bankrupt?

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

What is the bankruptcy risk of M. Olesen Autoværksted ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of M. Olesen Autoværksted ApS?

Adis Budimovic is the CEO of M. Olesen Autoværksted ApS.

Who is the auditor of M. Olesen Autoværksted ApS?

M. Olesen Autoværksted ApS most recently used Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab.

When was M. Olesen Autoværksted ApS founded?

M. Olesen Autoværksted ApS was founded on 14 March 2016.

What is the equity of M. Olesen Autoværksted ApS?

Equity was DKK 161k 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.