Martens design group ApS

CVR 38029509 · Private limited company (ApS) · Active · Low risk

Martens design group ApS is a Private limited company (ApS), founded on , based in Aalborg SV. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 9 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.5m and a net result of DKK 605k. CEO: Lars Elgaard Martens.

Bankruptcy risk for Martens design group ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
38029509
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Lars Martens, Vivaldisvej 153
9200 Aalborg SV
Municipality
Aalborg
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
2 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio53.4%
Current ratio162%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies3
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 289kDKK 344k
Net profitDKK 605kDKK 396k
EquityDKK 1.5mDKK 989k
Total assetsDKK 2.8mDKK 1.6m
Short-term debtDKK 1.3m–
Tax owedDKK 0–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025189 Late
1 Jan 2024 – 31 Dec 202484
1 Jan 2023 – 31 Dec 202365
1 Jan 2022 – 31 Dec 202287
1 Jan 2021 – 31 Dec 202184
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 2019183
1 Jan 2018 – 31 Dec 2018169
19 Sep 2016 – 31 Dec 2017172

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
CEOLars Elgaard MartensCurrent
CEOAnni Elsebeth Martens
Owner (25%)Sanne Elgaard MartensCurrent
Owner (67%)Lars Elgaard MartensCurrent
Owner (100%)Anni Elsebeth Martens
FounderAnni Elsebeth MartensCurrent

The CEOs' other companies

Lars Elgaard Martens – 14 other companies, of which 6 bankrupt

Anni Elsebeth Martens – 3 other companies, of which 2 bankrupt

Address history (2 moves)

c/o Lars Martens, Vivaldisvej 153, 9200 Aalborg SV
c/o Lars Martens, Nibevej 48, 9200 Aalborg SV
c/o Anni Elsebeth Martens, Fælledvej 55, 9493 Saltum

Former names

Martens design group ApS – now
Martens Aalborg ApS –
Martens Aalborg IVS –

Employees per year

Number of employees at Martens design group ApS per year122016: 120162017: 220172018: 22018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Martens design group ApS

Has Martens design group ApS gone bankrupt?

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

What is the bankruptcy risk of Martens design group ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of Martens design group ApS?

Lars Elgaard Martens is the CEO of Martens design group ApS.

Who is the auditor of Martens design group ApS?

Martens design group ApS most recently used Beierholm.

When was Martens design group ApS founded?

Martens design group ApS was founded on 19 September 2016.

What is the equity of Martens design group ApS?

Equity was DKK 1.5m 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.