Mads B Madsen ApS

CVR 38391720 · Private limited company (ApS) · Active · Low risk

Mads B Madsen ApS is a Private limited company (ApS), founded on , based in Kjellerup. The company is registered in the industry engroshandel med blomster og planter. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 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 871k and a net result of DKK 110k.

Bankruptcy risk for Mads B Madsen ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
38391720
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Nygårdsvej 17
8620 Kjellerup
Municipality
Silkeborg
Industry
Engroshandel med blomster og planter (462200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
1 (2018)
Auditor
TJEK Revision & RådgivningGodkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio89.2%
Current ratio322%
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 year202520242023
Gross profitDKK -7,500DKK -13kDKK -9,125
Net profitDKK 110kDKK -63kDKK 45k
EquityDKK 871kDKK 762kDKK 825k
Total assetsDKK 977kDKK 973kDKK 1.0m
CashDKK 28k––
Short-term debtDKK 106kDKK 211k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · TJEK Revision & RådgivningGodkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025188 Late
1 Jan 2024 – 31 Dec 2024147
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021165
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019166
1 Jan 2018 – 31 Dec 2018143
31 Jan 2017 – 31 Dec 2017159

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
Owner (100%)Mads Bødker MadsenCurrent
FounderMads Bødker MadsenCurrent

Address history (1 moves)

Nygårdsvej 17, 8620 Kjellerup
Langmosevej 6, 8620 Kjellerup

Employees per year

Number of employees at Mads B Madsen ApS per year112017: 020172018: 12018

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about Mads B Madsen ApS

Has Mads B Madsen ApS gone bankrupt?

No, Mads B Madsen ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Mads B Madsen ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the auditor of Mads B Madsen ApS?

Mads B Madsen ApS most recently used TJEK Revision & RådgivningGodkendt Revisionsaktieselskab.

When was Mads B Madsen ApS founded?

Mads B Madsen ApS was founded on 31 January 2017.

What is the equity of Mads B Madsen ApS?

Equity was DKK 871k 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.