Houe Smed & VVS ApS

CVR 38744747 · Private limited company (ApS) · Active · Low risk

Houe Smed & VVS ApS is a Private limited company (ApS), founded on , based in Lemvig. The company is registered in the industry maskinforarbejdning af metal. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.7m and a net result of DKK 329k. CEO: Arne Gadgaard Bundgaard.

Bankruptcy risk for Houe Smed & VVS 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×
Audit opted outYes · 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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
38744747
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Houmåvej 22
7620 Lemvig
Municipality
Lemvig
Industry
Maskinforarbejdning af metal (255300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 50k
Employees
10 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio35.6%
Current ratio148%
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 3.2mDKK 2.7mDKK 1.9m
Net profitDKK 329kDKK -97kDKK -99k
EquityDKK 1.7mDKK 1.4mDKK 1.4m
Total assetsDKK 4.7mDKK 4.1mDKK 2.9m
CashDKK 3,727DKK 6,343–
Short-term debtDKK 3.0mDKK 2.7m–
Tax owedDKK 27k––
Avg. employees88–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025171
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023175
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020174
1 Jan 2019 – 31 Dec 201997
1 Jan 2018 – 31 Dec 2018100
1 Jan 2017 – 31 Dec 2017157

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
CEOArne Gadgaard BundgaardCurrent
Owner (100%)Houe Smed Holding ApSCurrent
Owner (100%)Arne Gadgaard Bundgaard
FounderArne Gadgaard BundgaardCurrent

The CEOs' other companies

Arne Gadgaard Bundgaard – 1 other companies

Address history (1 moves)

Houmåvej 22, 7620 Lemvig
Houmåvej 22, 7620 Lemvig

Employees per year

Number of employees at Houe Smed & VVS ApS per year5102017: 920172018: 102018

Other companies at the same address

Similar companies in Lemvig

Questions and answers about Houe Smed & VVS ApS

Has Houe Smed & VVS ApS gone bankrupt?

No, Houe Smed & VVS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Houe Smed & VVS 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 Houe Smed & VVS ApS?

Arne Gadgaard Bundgaard is the CEO of Houe Smed & VVS ApS.

Who is the auditor of Houe Smed & VVS ApS?

Houe Smed & VVS ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Houe Smed & VVS ApS founded?

Houe Smed & VVS ApS was founded on 27 June 2017.

What is the equity of Houe Smed & VVS ApS?

Equity was DKK 1.7m 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.