CSMIO Danmark ApS

CVR 38814761 · Private limited company (ApS) · Active · High risk

CSMIO Danmark ApS is a Private limited company (ApS), founded on , based in Ringsted. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 8 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -25k and a net result of DKK 0. CEO: Rene Varntoft.

Bankruptcy risk for CSMIO Danmark ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Industry changes1 · bankruptcy rate 6.5%0.74×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
38814761
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Langagervej 29
4100 Ringsted
Municipality
Ringsted
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-2,557.6%
Current ratio4%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 0DKK 0
Net profitDKK 0DKK 0
EquityDKK -25kDKK -25k
Total assetsDKK 993DKK 993
Short-term debtDKK 26k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025185 Late
1 Jul 2023 – 30 Jun 2024215 Late
1 Jul 2022 – 30 Jun 2023122
1 Jul 2021 – 30 Jun 2022161
1 Jul 2020 – 30 Jun 2021162
1 Jul 2019 – 30 Jun 2020169
1 Jul 2018 – 30 Jun 2019190 Late
20 Jul 2017 – 30 Jun 2018148

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
CEORene VarntoftCurrent
CEOIb Sam Sørensen
Owner (100%)Varntoft Holding ApSCurrent
Owner (50%)SAM TEKNIK ApS
Owner (100%)Varntoft ApS
FounderSAM TEKNIK ApSCurrent
FounderVarntoft ApSCurrent

The CEOs' other companies

Rene Varntoft – 2 other companies

Ib Sam Sørensen – 1 other companies

Address history (0 moves)

Langagervej 29, 4100 Ringsted

Other companies at the same address

Similar companies in Ringsted

Questions and answers about CSMIO Danmark ApS

Has CSMIO Danmark ApS gone bankrupt?

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

What is the bankruptcy risk of CSMIO Danmark ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of CSMIO Danmark ApS?

Rene Varntoft is the CEO of CSMIO Danmark ApS.

When was CSMIO Danmark ApS founded?

CSMIO Danmark ApS was founded on 20 July 2017.

What is the equity of CSMIO Danmark ApS?

Equity was DKK -25k 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.