Hov Marine & Autocenter ApS

CVR 38055674 · Private limited company (ApS) · Active · Low risk

Hov Marine & Autocenter ApS is a Private limited company (ApS), founded on , based in Odder. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 0.2% 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 Dec 2025) shows equity of DKK 1.2m and a net result of DKK 404k. CEO: Mads Bust Johansen.

Bankruptcy risk for Hov Marine & Autocenter ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
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×
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×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
38055674
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Ballevej 18
8300 Odder
Municipality
Odder
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 100k
Employees
4 (2018)
Auditor
Schantz RevisionGodkendt revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio32.0%
Current ratio117%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 4.3mDKK 3.5mDKK 3.1m
Net profitDKK 404kDKK 460kDKK 104k
EquityDKK 1.2mDKK 1.2mDKK 700k
Total assetsDKK 3.9mDKK 4.3mDKK 3.8m
CashDKK 47k––
Short-term debtDKK 2.6mDKK 3.1m–
Tax owedDKK 90kDKK 138k–
Avg. employees07–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202551
1 Jan 2024 – 31 Dec 202465
1 Jan 2023 – 31 Dec 2023116
1 Jan 2022 – 31 Dec 2022159
1 Jan 2021 – 31 Dec 2021115
1 Jan 2020 – 31 Dec 202054
1 Jan 2019 – 31 Dec 201994
1 Jan 2018 – 31 Dec 201879
30 Sep 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
CEOMads Bust JohansenCurrent
CEOPalle Bust Johansen
Owner (100%)Bust Holding ApSCurrent
Owner (50%)Palle Bust Johansen
Owner (33%)Bust Holding ApS
Owner (50%)Palle Bust Holding ApS
FounderPalle Bust JohansenCurrent
FounderBust Holding ApSCurrent

The CEOs' other companies

Mads Bust Johansen – 3 other companies

Palle Bust Johansen – 4 other companies

Address history (2 moves)

Ballevej 18, 8300 Odder
Aahavevej 9, 8300 Odder
Møllemarken 6, 8300 Odder

Employees per year

Number of employees at Hov Marine & Autocenter ApS per year242016: 120162017: 320172018: 42018

Other companies at the same address

Similar companies in Odder

Questions and answers about Hov Marine & Autocenter ApS

Has Hov Marine & Autocenter ApS gone bankrupt?

No, Hov Marine & Autocenter ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Hov Marine & Autocenter ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Hov Marine & Autocenter ApS?

Mads Bust Johansen is the CEO of Hov Marine & Autocenter ApS.

Who is the auditor of Hov Marine & Autocenter ApS?

Hov Marine & Autocenter ApS most recently used Schantz RevisionGodkendt revisionsaktieselskab.

When was Hov Marine & Autocenter ApS founded?

Hov Marine & Autocenter ApS was founded on 30 September 2016.

What is the equity of Hov Marine & Autocenter ApS?

Equity was DKK 1.2m 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.