NewEngineering ApS

CVR 38471880 · Private limited company (ApS) · Active · Low risk

NewEngineering ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry anden teknisk rådgivning. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 8 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 328k and a net result of DKK 31k. CEO: Gert Krabbe Nielsen.

Bankruptcy risk for NewEngineering ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
38471880
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Banegårdsgade 2
8700 Horsens
Municipality
Horsens
Industry
Anden teknisk rådgivning (711290)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 50k
Employees
2 (2018)
Auditor
BMM Consult
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio67.2%
Current ratio305%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address51
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 425kDKK 660k
Net profitDKK 31kDKK 129k
EquityDKK 328kDKK 419k
Total assetsDKK 489kDKK 530k
CashDKK 95k–
Short-term debtDKK 161k–
Tax owedDKK 10k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025163
1 Jul 2023 – 30 Jun 2024174
1 Jul 2022 – 30 Jun 2023130
1 Jul 2021 – 30 Jun 2022122
1 Jul 2020 – 30 Jun 2021135
1 Jul 2019 – 30 Jun 2020121
1 Jul 2018 – 30 Jun 2019139
1 Mar 2017 – 30 Jun 201862

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
CEOGert Krabbe NielsenCurrent
CEOThomas Gordon Newham
Owner (100%)TECH Advising Holding ApSCurrent
Owner (50%)TECH Advising Holding ApS
Owner (50%)NewEngineering Holding ApS
FounderTECH Advising Holding ApSCurrent
FounderNewEngineering Holding ApSCurrent

The CEOs' other companies

Gert Krabbe Nielsen – 1 other companies

Thomas Gordon Newham – 1 other companies

Address history (2 moves)

Banegårdsgade 2, 8700 Horsens
Chr M Østergaards Vej 4A, 5., 8700 Horsens
Hjulmagervej 4A, 7100 Vejle

Employees per year

Number of employees at NewEngineering ApS per year122017: 220172018: 22018

Other companies at the same address

Similar companies in Horsens

Questions and answers about NewEngineering ApS

Has NewEngineering ApS gone bankrupt?

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

What is the bankruptcy risk of NewEngineering ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of NewEngineering ApS?

Gert Krabbe Nielsen is the CEO of NewEngineering ApS.

Who is the auditor of NewEngineering ApS?

NewEngineering ApS most recently used BMM Consult.

When was NewEngineering ApS founded?

NewEngineering ApS was founded on 1 March 2017.

What is the equity of NewEngineering ApS?

Equity was DKK 328k 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.