SKOVTEX A/S

CVR 39444747 · Public limited company (A/S) · Active · Low risk

SKOVTEX A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 2.7m and a net result of DKK -511k. CEO: Michael Skov.

Bankruptcy risk for SKOVTEX A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
Loss for the yearYes · bankruptcy rate 10.3%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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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
39444747
Status
Active
Company type
Public limited company (A/S)
Founded
(8 years)
Address
Sandvigvej 2
7400 Herning
Municipality
Herning
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
10 (2018)
Auditor
ANKER HØST REGISTRERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio39.9%
Current ratio117%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.8mDKK 3.7m
Net profitDKK -511kDKK 178k
EquityDKK 2.7mDKK 3.2m
Total assetsDKK 6.8mDKK 7.7m
CashDKK 24k–
Short-term debtDKK 2.6m–
Tax owedDKK 0–
Avg. employees8–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025146
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023144
1 Jan 2022 – 31 Dec 202279
1 Jan 2021 – 31 Dec 2021128
1 Jan 2020 – 31 Dec 2020175
1 Jan 2019 – 31 Dec 201978
1 Jan 2018 – 31 Dec 2018120

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
CEOMichael SkovCurrent
BoardMichael SkovCurrent
BoardBrian RasmussenCurrent
BoardJim Vammen PoulsenCurrent
Owner (100%)Michael Skov Holding ApSCurrent
Owner (100%)Michael Skov
AuditorANKER HØST REGISTRERET REVISIONSAKTIESELSKABCurrent
FounderMichael SkovCurrent

The CEOs' other companies

Michael Skov – 8 other companies

Address history (0 moves)

Sandvigvej 2, 7400 Herning

Employees per year

Number of employees at SKOVTEX A/S per year5102018: 102018

Other companies at the same address

Similar companies in Herning

Questions and answers about SKOVTEX A/S

Has SKOVTEX A/S gone bankrupt?

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

What is the bankruptcy risk of SKOVTEX A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of SKOVTEX A/S?

Michael Skov is the CEO of SKOVTEX A/S.

Who is the auditor of SKOVTEX A/S?

SKOVTEX A/S most recently used ANKER HØST REGISTRERET REVISIONSAKTIESELSKAB.

When was SKOVTEX A/S founded?

SKOVTEX A/S was founded on 27 March 2018.

What is the equity of SKOVTEX A/S?

Equity was DKK 2.7m 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.