Smith Electric ApS

CVR 38748947 · Private limited company (ApS) · Active · Low risk

Smith Electric ApS is a Private limited company (ApS), founded on , based in Glamsbjerg. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 358k and a net result of DKK 238k. CEO: Thomas Smith-Sørensen.

Bankruptcy risk for Smith Electric ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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
38748947
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Skolevej 11
5620 Glamsbjerg
Municipality
Assens
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Employees
1 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio56.3%
Current ratio239%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.3mDKK 993k
Net profitDKK 238kDKK 153k
EquityDKK 358kDKK 269k
Total assetsDKK 635kDKK 465k
CashDKK 248k–
Short-term debtDKK 266k–
Tax owedDKK 67k–
Avg. employees1–

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 202590
1 Jan 2024 – 31 Dec 2024148
1 Jan 2023 – 31 Dec 202376
1 Jan 2022 – 31 Dec 2022104
1 Jan 2021 – 31 Dec 2021126
1 Jan 2020 – 31 Dec 2020167
1 Jan 2019 – 31 Dec 2019111
1 Jan 2018 – 31 Dec 2018126
1 Jan 2017 – 31 Dec 2017120

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
CEOThomas Smith-SørensenCurrent
Owner (100%)Smith Group ApSCurrent
Owner (100%)Thomas Smith-Sørensen
FounderThomas Smith-SørensenCurrent

The CEOs' other companies

Thomas Smith-Sørensen – 1 other companies

Address history (1 moves)

Skolevej 11, 5620 Glamsbjerg
Øster Hæsingevej 39, 5600 Faaborg

Employees per year

Number of employees at Smith Electric ApS per year122017: 220172018: 12018

Other companies at the same address

Similar companies in Assens

Questions and answers about Smith Electric ApS

Has Smith Electric ApS gone bankrupt?

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

What is the bankruptcy risk of Smith Electric ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Smith Electric ApS?

Thomas Smith-Sørensen is the CEO of Smith Electric ApS.

Who is the auditor of Smith Electric ApS?

Smith Electric ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Smith Electric ApS founded?

Smith Electric ApS was founded on 23 June 2017.

What is the equity of Smith Electric ApS?

Equity was DKK 358k 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.