Rustfasta Work ApS

CVR 38355813 · Private limited company (ApS) · Active · Low risk

Rustfasta Work ApS is a Private limited company (ApS), founded on , based in Roslev. The company is registered in the industry smedning og valsning af metal samt pulvermetallurgi. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 (30 Jun 2026) shows equity of DKK 130k and a net result of DKK 7,955. CEO: Kasper Hyldahl Iversen.

Bankruptcy risk for Rustfasta Work ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
38355813
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Visdal 7
7870 Roslev
Municipality
Skive
Industry
Smedning og valsning af metal samt pulvermetallurgi (254000)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 40k
Employees
1 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio49.7%
Current ratio199%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 674kDKK 380kDKK 531k
Net profitDKK 7,955DKK -71kDKK -5,642
EquityDKK 130kDKK 122kDKK 254k
Total assetsDKK 261kDKK 151kDKK 392k
CashDKK 172kDKK 95k–
Short-term debtDKK 131kDKK 29k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202663
1 Jul 2024 – 30 Jun 2025147
1 Jul 2023 – 30 Jun 2024150
1 Jul 2022 – 30 Jun 2023167
1 Jul 2021 – 30 Jun 2022187 Late
1 Jul 2020 – 30 Jun 2021107
1 Jul 2019 – 30 Jun 2020171
1 Jul 2018 – 30 Jun 201957
23 Jan 2017 – 30 Jun 2018121

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
CEOKasper Hyldahl IversenCurrent
Owner (100%)Kasper Hyldahl IversenCurrent
FounderKasper Hyldahl IversenCurrent

Address history (2 moves)

Visdal 7, 7870 Roslev
Durupvej 28A, 7870 Roslev
Sæbyvej 13, 7870 Roslev

Former names

Rustfasta Work ApS – now
Rustfasta Work Smedjearbejd Hoskasper IVS –

Employees per year

Number of employees at Rustfasta Work ApS per year112017: 120172018: 12018

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Questions and answers about Rustfasta Work ApS

Has Rustfasta Work ApS gone bankrupt?

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

What is the bankruptcy risk of Rustfasta Work ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Rustfasta Work ApS?

Kasper Hyldahl Iversen is the CEO of Rustfasta Work ApS.

Who is the auditor of Rustfasta Work ApS?

Rustfasta Work ApS most recently used Beierholm.

When was Rustfasta Work ApS founded?

Rustfasta Work ApS was founded on 23 January 2017.

What is the equity of Rustfasta Work ApS?

Equity was DKK 130k according to the annual report for the period ending 30 June 2026.

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