Makeen EnviroTech A/S

CVR 38331760 · Public limited company (A/S) · Active · Medium risk

Makeen EnviroTech A/S is a Public limited company (A/S), founded on , based in Randers SV. The company is registered in the industry fremstilling af andre maskiner til generelle formål i.a.n.. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 9 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -164.5m and a net result of DKK -172.9m.

Bankruptcy risk for Makeen EnviroTech A/S

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Has a boardYes · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
38331760
Status
Active
Company type
Public limited company (A/S)
Founded
(9 years)
Address
Alsvej 21
8940 Randers SV
Municipality
Randers
Industry
Fremstilling af andre maskiner til generelle formål i.a.n. (282900)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 500k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-223.5%
Current ratio65%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address29
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -128.8mDKK -188.1mDKK -118.5m
Net profitDKK -172.9mDKK -228.0mDKK -73.3m
EquityDKK -164.5mDKK -472.3mDKK -244.3m
Total assetsDKK 73.6mDKK 70.1mDKK 289.6m
CashDKK 12.1mDKK 0–
Short-term debtDKK 112.0mDKK 443.5m–
Tax owedDKK 101kDKK 0–
Avg. employees5356–

Latest annual report: Reporting class B · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020113
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017106

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
BoardSøren MikkelsenCurrent
BoardMads Bach ChristensenCurrent
BoardYousef Abdullah AlmotlaqCurrent
BoardAbdulkareem Hamad A AlayuniCurrent
BoardAnders Bjørn
BoardAnders Christian Anderson
BoardAdel Abdullah Alhamzah
BoardMads Bach Christensen
BoardSulaiman Abdulrahman Alkharraz
BoardAnders Bjørn
BoardMads Bach Christensen
Owner (100%)Makeen International S.à r.l.Current
Owner (100%)Makeen Energy A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderMakeen Energy A/SCurrent

Address history (1 moves)

Alsvej 21, 8940 Randers SV
P.O. Pedersens Vej 22, 8200 Aarhus N

Former names

Makeen EnviroTech A/S – now
Makeen Power A/S –

Other companies at the same address

Similar companies in Randers

Questions and answers about Makeen EnviroTech A/S

Has Makeen EnviroTech A/S gone bankrupt?

No, Makeen EnviroTech A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Makeen EnviroTech A/S?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the auditor of Makeen EnviroTech A/S?

Makeen EnviroTech A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Makeen EnviroTech A/S founded?

Makeen EnviroTech A/S was founded on 1 January 2017.

What is the equity of Makeen EnviroTech A/S?

Equity was DKK -164.5m 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.