KM Vandskæring A/S

CVR 39122146 · Public limited company (A/S) · Active · Medium risk

KM Vandskæring A/S is a Public limited company (A/S), founded on , based in Nørresundby. The company is registered in the industry fremstilling af rør, hule profiler og tilhørende fittings af stål. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 8 annual reports have been published. The latest annual report (30 Apr 2026) shows equity of DKK 15.6m and a net result of DKK 7.0m. CEO: Kenneth Marcussen.

Bankruptcy risk for KM Vandskæring A/S

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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
39122146
Status
Active
Company type
Public limited company (A/S)
Founded
(8 years)
Address
Kystvejen 52A
9400 Nørresundby
Municipality
Aalborg
Industry
Fremstilling af rør, hule profiler og tilhørende fittings af stål (242000)
Bankruptcies in the industry: Fremstilling af rør og hule profiler og tilhørende fittings af stål
Share capital
DKK 400k
Employees
7 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio22.0%
Current ratio75%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20262025
Gross profitDKK 35.0mDKK 25.8m
Net profitDKK 7.0mDKK 3.6m
EquityDKK 15.6mDKK 8.7m
Total assetsDKK 70.8mDKK 41.7m
Short-term debtDKK 28.8m–
Tax owedDKK 979–
Avg. employees32–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 202664
1 May 2024 – 30 Apr 2025134
1 May 2023 – 30 Apr 2024154
1 May 2022 – 30 Apr 2023166
1 May 2021 – 30 Apr 202252
1 May 2020 – 30 Apr 2021175
1 May 2019 – 30 Apr 2020118
29 Nov 2017 – 30 Apr 2019107

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
CEOKenneth MarcussenCurrent
BoardCarsten GreiffenbergCurrent
BoardKenneth MarcussenCurrent
BoardLine MarcussenCurrent
BoardAnne MarcussenCurrent
BoardPia MarcussenCurrent
Owner (100%)KM Vandskæring Holding ApSCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderKM Vandskæring Holding ApSCurrent

The CEOs' other companies

Kenneth Marcussen – 2 other companies

Address history (2 moves)

Kystvejen 52A, 9400 Nørresundby
Kystvejen 52, 9400 Nørresundby
Østergårdsvej 15, 7840 Højslev

Former names

KM Vandskæring A/S – now
KM Vandskæring ApS –

Employees per year

Number of employees at KM Vandskæring A/S per year472017: 020172018: 72018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about KM Vandskæring A/S

Has KM Vandskæring A/S gone bankrupt?

No, KM Vandskæring A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of KM Vandskæring A/S?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of KM Vandskæring A/S?

Kenneth Marcussen is the CEO of KM Vandskæring A/S.

Who is the auditor of KM Vandskæring A/S?

KM Vandskæring A/S most recently used EY Godkendt Revisionspartnerselskab.

When was KM Vandskæring A/S founded?

KM Vandskæring A/S was founded on 29 November 2017.

What is the equity of KM Vandskæring A/S?

Equity was DKK 15.6m according to the annual report for the period ending 30 April 2026.

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