Kyndestoft Maskinfabrik ApS

CVR 38981471 · Private limited company (ApS) · Active · Low risk

Kyndestoft Maskinfabrik ApS is a Private limited company (ApS), founded on , based in Vinderup. The company is registered in the industry fremstilling af landbrugs- og skovbrugsmaskiner. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 8 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 1.4m and a net result of DKK 435k. CEO: Albert Hedegaard.

Bankruptcy risk for Kyndestoft Maskinfabrik ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
38981471
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Vesterled 38A
7830 Vinderup
Municipality
Holstebro
Industry
Fremstilling af landbrugs- og skovbrugsmaskiner (283000)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 50k
Employees
3 (2018)
Auditor
FER FYNS ERHVERVSREVISION
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio70.6%
Current ratio439%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies4
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.3mDKK 957k
Net profitDKK 435kDKK 283k
EquityDKK 1.4mDKK 1.1m
Total assetsDKK 2.0mDKK 2.5m
CashDKK 7,738–
Short-term debtDKK 420k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · FER FYNS ERHVERVSREVISION.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202599
1 Oct 2023 – 30 Sep 2024171
1 Oct 2022 – 30 Sep 2023111
1 Oct 2021 – 30 Sep 2022131
1 Oct 2020 – 30 Sep 202143
1 Oct 2019 – 30 Sep 202047
1 Oct 2018 – 30 Sep 201943
2 Oct 2017 – 30 Sep 2018116

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
CEOAlbert HedegaardCurrent
Owner (33%)Albert HedegaardCurrent
Owner (50%)Daniel Holm HedegaardCurrent
Owner (50%)Albert Hedegaard
Owner (33%)Daniel Holm Hedegaard
AuditorFER Fyns Erhvervsrevision I/S
FounderAlbert HedegaardCurrent
FounderDaniel Holm HedegaardCurrent

The CEOs' other companies

Albert Hedegaard – 9 other companies, of which 5 bankrupt

Address history (1 moves)

Vesterled 38A, 7830 Vinderup
Vesterled 38A, 7830 Vinderup

Employees per year

Number of employees at Kyndestoft Maskinfabrik ApS per year232017: 320172018: 32018

Other companies at the same address

Similar companies in Holstebro

Questions and answers about Kyndestoft Maskinfabrik ApS

Has Kyndestoft Maskinfabrik ApS gone bankrupt?

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

What is the bankruptcy risk of Kyndestoft Maskinfabrik ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Kyndestoft Maskinfabrik ApS?

Albert Hedegaard is the CEO of Kyndestoft Maskinfabrik ApS.

Who is the auditor of Kyndestoft Maskinfabrik ApS?

Kyndestoft Maskinfabrik ApS most recently used FER FYNS ERHVERVSREVISION.

When was Kyndestoft Maskinfabrik ApS founded?

Kyndestoft Maskinfabrik ApS was founded on 2 October 2017.

What is the equity of Kyndestoft Maskinfabrik ApS?

Equity was DKK 1.4m according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.