row-teq ApS

CVR 38458868 · Private limited company (ApS) · Active · Low risk

row-teq ApS is a Private limited company (ApS), founded on , based in Sunds. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 9 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 266k and a net result of DKK -8,478. CEO: Jens Peder Østergaard.

Bankruptcy risk for row-teq ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
38458868
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Jens Peder Østergaard, Gl. Sundsvej 24
7451 Sunds
Municipality
Herning
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 9
Missing annual reportNo
Negative equityNo
Equity ratio8.1%
Current ratio98%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 6,189DKK 18kDKK 75k
Net profitDKK -8,478DKK 17kDKK 73k
EquityDKK 266kDKK 274kDKK 257k
Total assetsDKK 3.3mDKK 279kDKK 306k
CashDKK 186kDKK 126k–
Short-term debtDKK 222kDKK 4,167–
Tax owedDKK 10kDKK 167–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025163
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022195 Late
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020196 Late
1 Jan 2019 – 31 Dec 2019205 Late
1 Jan 2018 – 31 Dec 2018154
2 Mar 2017 – 31 Dec 2017158

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
CEOJens Peder ØstergaardCurrent
Owner (100%)Jens Peder ØstergaardCurrent
FounderJens Peder ØstergaardCurrent

The CEOs' other companies

Jens Peder Østergaard – 4 other companies

Address history (1 moves)

c/o Jens Peder Østergaard, Gl. Sundsvej 24, 7451 Sunds
c/o Jens Peder Østergaard, Brunbjergvej 7, 7441 Bording

Other companies at the same address

Similar companies in Herning

Questions and answers about row-teq ApS

Has row-teq ApS gone bankrupt?

No, row-teq ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of row-teq ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of row-teq ApS?

Jens Peder Østergaard is the CEO of row-teq ApS.

When was row-teq ApS founded?

row-teq ApS was founded on 2 March 2017.

What is the equity of row-teq ApS?

Equity was DKK 266k 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.