TM Maskiner ApS

CVR 39349574 · Private limited company (ApS) · Active · Low risk

TM Maskiner ApS is a Private limited company (ApS), founded on , based in Vinderup. The company is registered in the industry udlejning og leasing af entreprenørmateriel. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 4.6m and a net result of DKK 1.2m. CEO: Mads Hedevang Miltersen.

Bankruptcy risk for TM Maskiner 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

Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
39349574
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Nr Bjertvej 8
7830 Vinderup
Municipality
Holstebro
Industry
Udlejning og leasing af entreprenørmateriel (773200)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 50k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio54.1%
Current ratio37%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.4mDKK 3.4mDKK 4.1m
Net profitDKK 1.2mDKK 762kDKK 1.1m
EquityDKK 4.6mDKK 3.4mDKK 2.7m
Total assetsDKK 8.5mDKK 8.3mDKK 8.7m
CashDKK 578k––
Short-term debtDKK 1.6mDKK 2.1m–
Tax owedDKK 277kDKK 117k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022160
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 2019155
17 Feb 2018 – 31 Dec 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
CEOMads Hedevang MiltersenCurrent
CEOThomas Søndermark Miltersen
Owner (100%)Mads Miltersen Holding ApSCurrent
Owner (50%)MILTERSEN HOLDING ApS
Owner (50%)Mads Miltersen Holding ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMILTERSEN HOLDING ApSCurrent
FounderMads Miltersen Holding ApSCurrent

The CEOs' other companies

Mads Hedevang Miltersen – 5 other companies

Thomas Søndermark Miltersen – 4 other companies

Address history (0 moves)

Nr Bjertvej 8, 7830 Vinderup

Other companies at the same address

Similar companies in Holstebro

Questions and answers about TM Maskiner ApS

Has TM Maskiner ApS gone bankrupt?

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

What is the bankruptcy risk of TM Maskiner 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 TM Maskiner ApS?

Mads Hedevang Miltersen is the CEO of TM Maskiner ApS.

Who is the auditor of TM Maskiner ApS?

TM Maskiner ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was TM Maskiner ApS founded?

TM Maskiner ApS was founded on 17 February 2018.

What is the equity of TM Maskiner ApS?

Equity was DKK 4.6m 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.