Elmsgaard Entreprise ApS

CVR 38304771 · Private limited company (ApS) · Active · High risk

Elmsgaard Entreprise ApS is a Private limited company (ApS), founded on , based in Odder. The company is registered in the industry andre specialiserede byggeaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 8 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 4.1m and a net result of DKK 1.0m. CEO: Mathias Sundstrøm Sand.

Bankruptcy risk for Elmsgaard Entreprise ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
38304771
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Eriksmindevej 30
8300 Odder
Municipality
Odder
Industry
Andre specialiserede byggeaktiviteter i.a.n. (439900)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
19 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityNo
Equity ratio33.4%
Current ratio141%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 10.0mDKK 7.4m
Net profitDKK 1.0mDKK 231k
EquityDKK 4.1mDKK 3.1m
Total assetsDKK 12.2mDKK 10.2m
CashDKK 495k–
Short-term debtDKK 7.4m–
Tax owedDKK 57k–
Avg. employees17–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025201 Late
1 Jul 2023 – 30 Jun 2024190 Late
1 Jul 2022 – 30 Jun 2023182
1 Jul 2021 – 30 Jun 2022186 Late
1 Jul 2020 – 30 Jun 2021170
1 Jul 2019 – 30 Jun 2020173
1 Jul 2018 – 30 Jun 2019169
2 Jan 2017 – 30 Jun 2018144

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
CEOMathias Sundstrøm SandCurrent
Owner (100%)MSS 2017 ApSCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorFJAS 2018 ApS
AuditorNational Revision a/s
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMSS 2017 ApSCurrent

The CEOs' other companies

Mathias Sundstrøm Sand – 2 other companies

Address history (0 moves)

Eriksmindevej 30, 8300 Odder

Employees per year

Number of employees at Elmsgaard Entreprise ApS per year10192017: 1320172018: 192018

Other companies at the same address

Similar companies in Odder

Questions and answers about Elmsgaard Entreprise ApS

Has Elmsgaard Entreprise ApS gone bankrupt?

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

What is the bankruptcy risk of Elmsgaard Entreprise ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

Who is the CEO of Elmsgaard Entreprise ApS?

Mathias Sundstrøm Sand is the CEO of Elmsgaard Entreprise ApS.

Who is the auditor of Elmsgaard Entreprise ApS?

Elmsgaard Entreprise ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Elmsgaard Entreprise ApS founded?

Elmsgaard Entreprise ApS was founded on 2 January 2017.

What is the equity of Elmsgaard Entreprise ApS?

Equity was DKK 4.1m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.