SUVO Industry ApS

CVR 38705296 · Private limited company (ApS) · Active · Low risk

SUVO Industry ApS is a Private limited company (ApS), founded on , based in Holstebro. The company is registered in the industry engroshandel med fast, flydende og luftformigt brændstof og lignende varer. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.3m and a net result of DKK 705k.

Bankruptcy risk for SUVO Industry 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

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
38705296
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Nybodalen 1
7500 Holstebro
Municipality
Holstebro
Industry
Engroshandel med fast, flydende og luftformigt brændstof og lignende varer (468100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
1 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio68.3%
Current ratio315%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 853kDKK 838kDKK 231k
Net profitDKK 705kDKK 689kDKK 194k
EquityDKK 1.3mDKK 1.1mDKK 381k
Total assetsDKK 1.9mDKK 1.5mDKK 645k
CashDKK 110kDKK 183k–
Short-term debtDKK 592kDKK 403k–
Tax owedDKK 199kDKK 194k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025151
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 2022216 Late
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020127
1 Jan 2019 – 31 Dec 2019237 Late
1 Jan 2018 – 31 Dec 2018148
7 Jun 2017 – 31 Dec 2017148

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
CEOMads Baadsgaard Raahede
BoardMads Baadsgaard RaahedeCurrent
BoardCarsten René LarsenCurrent
BoardJens RomundstadCurrent
BoardPeder ØstergaardCurrent
BoardLeif Fredborg
BoardMichael Kjær Salmansen
BoardPalle Kudsk Pedersen
BoardLars Andersen
BoardJens Romundstad
BoardPalle Kudsk Pedersen
Owner (100%)LHG GROUP A/SCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorLokal Revision - statsautoriseret revisionsanpartsselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderLHG GROUP A/SCurrent

The CEOs' other companies

Mads Baadsgaard Raahede – 8 other companies

Address history (0 moves)

Nybodalen 1, 7500 Holstebro

Employees per year

Number of employees at SUVO Industry ApS per year112017: 120172018: 12018

Other companies at the same address

Similar companies in Holstebro

Questions and answers about SUVO Industry ApS

Has SUVO Industry ApS gone bankrupt?

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

What is the bankruptcy risk of SUVO Industry 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 auditor of SUVO Industry ApS?

SUVO Industry ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was SUVO Industry ApS founded?

SUVO Industry ApS was founded on 7 June 2017.

What is the equity of SUVO Industry ApS?

Equity was DKK 1.3m 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.