Vognmand Martin Sandal ApS

CVR 38643746 · Private limited company (ApS) · Active · Low risk

Vognmand Martin Sandal ApS is a Private limited company (ApS), founded on , based in Ringkøbing. The company is registered in the industry vejgodstransport. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 3.3m and a net result of DKK 407k. CEO: Martin Sandal.

Bankruptcy risk for Vognmand Martin Sandal ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
38643746
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Vanting Sø Vej 9
6950 Ringkøbing
Municipality
Ringkøbing-Skjern
Industry
Vejgodstransport (494100)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 125k
Employees
1 (2018)
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio80.9%
Current ratio63%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.7mDKK 1.8mDKK 1.9m
Net profitDKK 407kDKK 280kDKK 314k
EquityDKK 3.3mDKK 2.9mDKK 2.7m
Total assetsDKK 4.0mDKK 3.5mDKK 3.3m
CashDKK 186kDKK 461k–
Short-term debtDKK 726kDKK 529k–
Tax owedDKK 51kDKK 61k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 2022163
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019193 Late
1 Jan 2018 – 31 Dec 2018165
1 Jan 2017 – 31 Dec 2017145

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
CEOMartin SandalCurrent
Owner (100%)Martin SandalCurrent
FounderMartin SandalCurrent

The CEOs' other companies

Martin Sandal – 1 other companies

Address history (2 moves)

Vanting Sø Vej 9, 6950 Ringkøbing
Vanting Sø Vej 9, 6950 Ringkøbing
Mosevænget 10, 6950 Ringkøbing

Employees per year

Number of employees at Vognmand Martin Sandal ApS per year112017: 120172018: 12018

Similar companies in Ringkøbing-Skjern

Questions and answers about Vognmand Martin Sandal ApS

Has Vognmand Martin Sandal ApS gone bankrupt?

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

What is the bankruptcy risk of Vognmand Martin Sandal ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Vognmand Martin Sandal ApS?

Martin Sandal is the CEO of Vognmand Martin Sandal ApS.

Who is the auditor of Vognmand Martin Sandal ApS?

Vognmand Martin Sandal ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was Vognmand Martin Sandal ApS founded?

Vognmand Martin Sandal ApS was founded on 4 May 2017.

What is the equity of Vognmand Martin Sandal ApS?

Equity was DKK 3.3m 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.