BU Power Systems Denmark ApS

CVR 38118099 · Private limited company (ApS) · Active · Very high risk

BU Power Systems Denmark ApS is a Private limited company (ApS), founded on , based in Ringe. The company is registered in the industry engroshandel med maskiner til minedrift og bygge- og anlægsaktiviteter. Our model estimates a bankruptcy risk of 18.5% over the next 12 months, which is 13.2 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -1.5m and a net result of DKK -1.6m. CEO: Martin Rasmussen.

Bankruptcy risk for BU Power Systems Denmark ApS

18.5%
probability of bankruptcy within 12 months
Very high risk

13.2 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
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

Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×

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
38118099
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Bygmestervej 7B
5750 Ringe
Municipality
Faaborg-Midtfyn
Industry
Engroshandel med maskiner til minedrift og bygge- og anlægsaktiviteter (466300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
6 (2018)
Auditor
PKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-80.5%
Current ratio57%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.0mDKK 2.1mDKK 2.3m
Net profitDKK -1.6mDKK -667kDKK -243k
EquityDKK -1.5mDKK 94kDKK -269k
Total assetsDKK 1.9mDKK 1.8mDKK 2.3m
CashDKK 306kDKK 61k–
Short-term debtDKK 3.3mDKK 1.6m–
Avg. employees55–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PKF Munkebo Eriksen Funch, Statsautoriseret Revisions aktie selskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025155
1 Jan 2024 – 31 Dec 202491
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020125
1 Jan 2019 – 31 Dec 2019112
1 Jan 2018 – 31 Dec 2018141
13 Oct 2016 – 31 Dec 2017149

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
CEOMartin RasmussenCurrent
CEOFranz Klemens Focks
CEOHenning Dalhoff Larsen
Owner (100%)BU Power Group GmbHCurrent
AuditorPKF Munkebo Eriksen Funch, Statsautoriseret RevisionsaktieselskabCurrent
FounderBU Power Group GmbHCurrent

Address history (3 moves)

Bygmestervej 7B, 5750 Ringe
Bygmestervej 7B, 5750 Ringe
Ove Gjeddes Vej 23, 5220 Odense SØ
Hovedvejen 56, 2600 Glostrup

Employees per year

Number of employees at BU Power Systems Denmark ApS per year362017: 620172018: 62018

Other companies at the same address

Similar companies in Faaborg-Midtfyn

Questions and answers about BU Power Systems Denmark ApS

Has BU Power Systems Denmark ApS gone bankrupt?

No, BU Power Systems Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of BU Power Systems Denmark ApS?

Our model estimates a bankruptcy risk of 18.5% over the next 12 months (very high risk), which is 13.2 times the average for Danish companies.

Who is the CEO of BU Power Systems Denmark ApS?

Martin Rasmussen is the CEO of BU Power Systems Denmark ApS.

Who is the auditor of BU Power Systems Denmark ApS?

BU Power Systems Denmark ApS most recently used PKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab.

When was BU Power Systems Denmark ApS founded?

BU Power Systems Denmark ApS was founded on 13 October 2016.

What is the equity of BU Power Systems Denmark 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.