Combineering Materials ApS

CVR 37857327 · Private limited company (ApS) · Active · Medium risk

Combineering Materials ApS is a Private limited company (ApS), founded on , based in Birkerød. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 9 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -8.0m and a net result of DKK -1.0m. CEO: Torben Kristiansen Hjulmand.

Bankruptcy risk for Combineering Materials ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · 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×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×

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
37857327
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Bregnerødvej 94A, 1.
3460 Birkerød
Municipality
Rudersdal
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Auditor
KPMG P/S
Audit opted out
No

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-902.4%
Current ratio10%
Moves (last 2 years)1
CEO changes in total15
CEO's previous bankruptcies0
Other companies at the address28
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -1.1mDKK -3.1mDKK 152k
Net profitDKK -1.0mDKK -8.3mDKK 234k
EquityDKK -8.0mDKK -6.9mDKK 1.3m
Total assetsDKK 885kDKK 1.6mDKK 13.6m
CashDKK 39kDKK 44k–
Short-term debtDKK 8.9mDKK 8.5m–
Tax owed–DKK 0–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · KPMG, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 202280
1 Jan 2021 – 31 Dec 202195
1 Jan 2020 – 31 Dec 2020174
1 Jan 2019 – 31 Dec 2019247 Late
1 Jan 2018 – 31 Dec 2018151
1 Jul 2016 – 31 Dec 2017151

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
CEOTorben Kristiansen HjulmandCurrent
CEOLars Vedel Jørgensen
CEOMads Prag Roesen
CEOCarsten Park Andreasen
CEOKim Bjørn Christensen
CEOLars Vedel Jørgensen
CEOJohn Terence Sullivan
CEOGuy Richard Wakeley
CEOPatrick Wiedemann
BoardLars Vedel Jørgensen
BoardMads Prag Roesen
BoardJohn Terence Sullivan
Owner (100%)COMBINEERING HOLDING A/SCurrent
Owner (100%)COMBINEERING A/S
AuditorKPMG P/SCurrent
AuditorPIASTER REVISORERNE, GODKENDT REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderCOMBINEERING A/SCurrent

The CEOs' other companies

Torben Kristiansen Hjulmand – 20 other companies

Lars Vedel Jørgensen – 18 other companies

Mads Prag Roesen – 14 other companies

Carsten Park Andreasen – 15 other companies

Kim Bjørn Christensen – 10 other companies

Address history (1 moves)

Bregnerødvej 94A, 1., 3460 Birkerød
Bistrupvej 176, 3460 Birkerød

Other companies at the same address

Similar companies in Rudersdal

Questions and answers about Combineering Materials ApS

Has Combineering Materials ApS gone bankrupt?

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

What is the bankruptcy risk of Combineering Materials ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of Combineering Materials ApS?

Torben Kristiansen Hjulmand is the CEO of Combineering Materials ApS.

Who is the auditor of Combineering Materials ApS?

Combineering Materials ApS most recently used KPMG P/S.

When was Combineering Materials ApS founded?

Combineering Materials ApS was founded on 1 July 2016.

What is the equity of Combineering Materials ApS?

Equity was DKK -8.0m 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.