First M ApS

CVR 38041762 · Private limited company (ApS) · Active · Low risk

First M ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry engroshandel med motorcykler samt reservedele og tilbehør dertil. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 364k and a net result of DKK 53k. CEO: Lars Rud Hansen.

Bankruptcy risk for First M ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
38041762
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Erantisvej 77
8700 Horsens
Municipality
Horsens
Industry
Engroshandel med motorcykler samt reservedele og tilbehør dertil (467300)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 50k
Employees
1 (2018)
Auditor
Revision 2 A/S
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio86.6%
Current ratio325%
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 839k–
Net profitDKK 53k–
EquityDKK 364k–
Total assetsDKK 420k–
CashDKK 38k–
Short-term debtDKK 49k–
Tax owedDKK 17k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision 2 A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025103
1 Jan 2024 – 31 Dec 2024150
1 Jan 2023 – 31 Dec 2023123
1 Jan 2022 – 31 Dec 2022136
1 Jan 2021 – 31 Dec 2021100
1 Jan 2020 – 31 Dec 202076
1 Jan 2019 – 31 Dec 2019113
1 Jan 2018 – 31 Dec 2018116
26 Sep 2016 – 31 Dec 2017109

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 Rud HansenCurrent
Owner (100%)Rud H Holding ApSCurrent
Owner (100%)Lars Rud Hansen
AuditorKvist & Jensen Aarhus Statsautoriserede Revisorer A/S
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
FounderRud H Holding ApSCurrent

The CEOs' other companies

Lars Rud Hansen – 1 other companies

Address history (2 moves)

Erantisvej 77, 8700 Horsens
Erantisvej 79, 8700 Horsens
Toftevej 32, 8362 Hørning

Former names

First M ApS – now
First MC ApS –

Employees per year

Number of employees at First M ApS per year112016: 020162017: 120172018: 12018

Other companies at the same address

Similar companies in Horsens

Questions and answers about First M ApS

Has First M ApS gone bankrupt?

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

What is the bankruptcy risk of First M 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 First M ApS?

Lars Rud Hansen is the CEO of First M ApS.

Who is the auditor of First M ApS?

First M ApS most recently used Revision 2 A/S.

When was First M ApS founded?

First M ApS was founded on 26 September 2016.

What is the equity of First M ApS?

Equity was DKK 364k 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.