AT Smede ApS

CVR 38175203 · Private limited company (ApS) · Active · Medium risk

AT Smede ApS is a Private limited company (ApS), founded on , based in Middelfart. The company is registered in the industry reparation og vedligeholdelse af færdige metalprodukter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 -20k and a net result of DKK 26k. CEO: Alex Louis Theed.

Bankruptcy risk for AT Smede ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
38175203
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Assensvej 200
5500 Middelfart
Municipality
Middelfart
Industry
Reparation og vedligeholdelse af færdige metalprodukter (331100)
Bankruptcies in the industry: Reparation af maskiner
Share capital
DKK 50k
Employees
0 (2018)
Auditor
RSM Danmark, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-38.5%
Current ratio72%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 105kDKK 316kDKK -10k
Net profitDKK 26kDKK 175kDKK -17k
EquityDKK -20kDKK -46kDKK -222k
Total assetsDKK 53kDKK 85kDKK 5,000
CashDKK 41kDKK 84k–
Short-term debtDKK 73kDKK 131k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025112
1 Jan 2024 – 31 Dec 2024160
1 Jan 2023 – 31 Dec 202399
1 Jan 2022 – 31 Dec 2022170
1 Jan 2021 – 31 Dec 2021196 Late
1 Jan 2020 – 31 Dec 2020126
1 Jan 2019 – 31 Dec 2019120
1 Jan 2018 – 31 Dec 2018143
4 Nov 2016 – 31 Dec 201795

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
CEOAlex Louis TheedCurrent
CEOAlex Louis Theed
Owner (100%)Alex Louis TheedCurrent
Owner (100%)Alex Louis Theed
Owner (100%)Theed Holding ApS
FounderAlex Louis TheedCurrent

The CEOs' other companies

Alex Louis Theed – 1 other companies

Address history (1 moves)

Assensvej 200, 5500 Middelfart
Børkopvej 35, 7000 Fredericia

Former names

AT Smede ApS – now
AT Smed ApS –

Employees per year

Number of employees at AT Smede ApS per year112016: 120162017: 120172018: 02018

Other companies at the same address

Similar companies in Middelfart

Questions and answers about AT Smede ApS

Has AT Smede ApS gone bankrupt?

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

What is the bankruptcy risk of AT Smede ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of AT Smede ApS?

Alex Louis Theed is the CEO of AT Smede ApS.

Who is the auditor of AT Smede ApS?

AT Smede ApS most recently used RSM Danmark, Statsautoriseret Revisionspartnerselskab.

When was AT Smede ApS founded?

AT Smede ApS was founded on 4 November 2016.

What is the equity of AT Smede ApS?

Equity was DKK -20k 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.