EPCIDO A/S
CVR 37865966 · Public limited company (A/S) · Active · Low risk
EPCIDO A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry installation af industrimaskiner og -udstyr. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Oct 2025) shows equity of DKK 13.9m and a net result of DKK -16k. CEO: Flemming Noes Lorentzen, Pawel Lukasz Rosiak.
Bankruptcy risk for EPCIDO A/S
0.1 × the average (1.41%) · higher risk than 44% of active Danish companies
Increases the risk
Reduces the risk
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
- 37865966
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (10 years)
- Address
- Sakskøbingvej 6
7400 Herning - Municipality
- Herning
- Industry
- Installation af industrimaskiner og -udstyr (332000)
Bankruptcies in the industry: Reparation af maskiner - Share capital
- DKK 500k
- Employees
- 3 (2018)
- Auditor
- PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 9 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 58.5% |
| Current ratio | 132% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 7 |
| CEO's previous bankruptcies | 1 |
| Other companies at the address | 6 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | DKK 46.6m | DKK 59.5m | DKK 71.4m |
| Gross profit | DKK 7.1m | DKK 9.8m | DKK 9.7m |
| Net profit | DKK -16k | DKK 4.6m | DKK 6.2m |
| Equity | DKK 13.9m | DKK 14.2m | DKK 18.4m |
| Total assets | DKK 23.8m | DKK 21.0m | DKK 26.8m |
| Cash | DKK 2.6m | DKK 7.1m | – |
| Short-term debt | DKK 9.6m | DKK 6.5m | – |
| Tax owed | – | DKK 0 | – |
| Avg. employees | 13 | 6 | – |
Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Nov 2024 – 31 Oct 2025 | 81 | ||
| 1 Nov 2023 – 31 Oct 2024 | 88 | ||
| 1 Nov 2022 – 31 Oct 2023 | 85 | ||
| 1 Nov 2021 – 31 Oct 2022 | 72 | ||
| 1 Jan 2021 – 31 Oct 2021 | 150 | ||
| 1 Jan 2020 – 31 Dec 2020 | 64 | ||
| 1 Jan 2019 – 31 Dec 2019 | 65 | ||
| 1 Jan 2018 – 31 Dec 2018 | 58 | ||
| 11 Jul 2016 – 31 Dec 2017 | 149 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Flemming Noes Lorentzen | Current | |
| CEO | Pawel Lukasz Rosiak | Current | |
| CEO | Flemming Noes Lorentzen | ||
| CEO | Srikanth Apputhurai | ||
| CEO | Srikanth Apputhurai | ||
| CEO | Jesper Rantala | ||
| Board | Pawel Lukasz Rosiak | Current | |
| Board | Flemming Noes Lorentzen | Current | |
| Board | Lars Jensen | Current | |
| Board | Mikkel Secher | Current | |
| Board | Flemming Noes Lorentzen | ||
| Board | Srikanth Apputhurai | ||
| Board | Flemming Noes Lorentzen | ||
| Board | Srikanth Apputhurai | ||
| Board | Lars Jensen | ||
| Board | Christian Møller Christensen | ||
| Board | Jesper Rantala | ||
| Board | Christian Møller Christensen | ||
| Board | Carl Sinnerup Jensen | ||
| Board | Christian Møller Christensen | ||
| Board | Christian Møller Christensen | ||
| Board | Brian Kærgaard Mathiesen | ||
| Board | Srikanth Apputhurai | ||
| Board | Mads Kragh Jensen | ||
| Owner (100%) | Epcido Holding A/S | Current | |
| Owner (50%) | Develo Holding ApS | ||
| Owner (33%) | Mathan Holding ApS | ||
| Owner (20%) | Mathan Holding ApS | ||
| Owner (20%) | Rosiak Pawel Lukasz | ||
| Owner (33%) | Develo Holding ApS | ||
| Owner (33%) | Mathan Holding ApS | ||
| Owner (33%) | Rosiak Pawel Lukasz | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | Partner Revision statsautoriseret revisionsaktieselskab | ||
| Founder | Develo Holding ApS | Current | |
| Founder | Mathan Holding ApS | Current |
The CEOs' other companies
Flemming Noes Lorentzen – 7 other companies, of which 1 bankrupt
- VITAL ENERGI ApS Bankrupt 9 Jul 2010
- Develo Holding ApS Active
- Epcido Holding A/S Active
- NORTEC ENERGI ApS Opløst
- NORTEC HOLDING ApS Opløst
- PMF Properties ApS Active
- SoftXways ApS Opløst
Srikanth Apputhurai – 5 other companies
- Epcido Holding A/S Active
- Eryk A/S Active
- Mathan Holding ApS Active
- PMF Properties ApS Active
- SoftXways ApS Opløst
Jesper Rantala – 11 other companies
- DataIntelligence A/S Opløst
- Dynatest A/S Active
- ELTRONIC Group A/S Active
- Epcido Holding A/S Active
- HANSTHOLM UDVIKLINGSSELSKAB A/S Active
- JR BILER ApS Opløst
- MME Nordic A/S Active
- NORTH SEA YARD, HANSTHOLM DENMARK A/S Active
- SoftXways ApS Opløst
- Udlejningsselskabet af 4. januar 2024 A/S Opløst
- VA126 HOLDING APS Active
Address history (5 moves)
| Sakskøbingvej 6, 7400 Herning | |
| Platanvej 13, 7400 Herning | |
| Birk Centerpark 40, 7400 Herning | |
| Platanvej 13, 7400 Herning | |
| Birk Centerpark 40, 7400 Herning | |
| Kløvermarken 4, 7400 Herning |
Former names
| EPCIDO A/S | – now |
| EPCIDO ApS | – |
Employees per year
Other companies at the same address
- BACHTHOM INVEST ApS Opløst
- Epcido Holding A/S Active
- PMF Properties ApS Active
- SKRÆDDERGAARD EL-INSTALLATION A/S Fusioneret
- SKRÆDDERGAARD EL-INSTALLATION ApS Opløst
- SoftXways ApS Opløst
Similar companies in Herning
- NTech Systems ApS Herning
- Bessø Sikring ApS Sørvad
- Twin-Tech ApS Vildbjerg
- BFS TRADING ApS Herning
- OTTESEN ApS Herning
- SKOVS SMEDIE OG MONTAGE A/S Herning
- PH SMEDE & MONTAGE ApS Kibæk
- ANPARTSSELSKABET AF 1/4 2006 Herning
Questions and answers about EPCIDO A/S
Has EPCIDO A/S gone bankrupt?
No, EPCIDO A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of EPCIDO A/S?
Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.
Who is the CEO of EPCIDO A/S?
Flemming Noes Lorentzen, Pawel Lukasz Rosiak are the CEOs of EPCIDO A/S.
Who is the auditor of EPCIDO A/S?
EPCIDO A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was EPCIDO A/S founded?
EPCIDO A/S was founded on 11 July 2016.
What is the equity of EPCIDO A/S?
Equity was DKK 13.9m according to the annual report for the period ending 31 October 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.