Horkenborg Smedie og Hydraulikservice ApS

CVR 39683849 · Private limited company (ApS) · Active · Low risk

Horkenborg Smedie og Hydraulikservice ApS is a Private limited company (ApS), founded on , based in Hemmet. The company is registered in the industry reparation og vedligeholdelse af maskiner. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 8 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.2m and a net result of DKK 1.2m. CEO: Stef Horkenborg.

Bankruptcy risk for Horkenborg Smedie og Hydraulikservice ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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
39683849
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Midtbyvej 28
6893 Hemmet
Municipality
Ringkøbing-Skjern
Industry
Reparation og vedligeholdelse af maskiner (331200)
Bankruptcies in the industry: Reparation af maskiner
Share capital
DKK 50k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityNo
Equity ratio79.3%
Current ratio349%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.7mDKK 2.0m
Net profitDKK 1.2mDKK 927k
EquityDKK 2.2mDKK 996k
Total assetsDKK 2.8mDKK 1.4m
CashDKK 1.3m–
Short-term debtDKK 517k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202512
1 Jan 2024 – 31 Dec 20246
1 Jan 2023 – 31 Dec 202344
1 Jan 2022 – 31 Dec 202230
1 Jan 2021 – 31 Dec 2021137
1 Jan 2020 – 31 Dec 2020191 Late
1 Jan 2019 – 31 Dec 201977
1 Jan 2018 – 31 Dec 2018149

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
CEOStef HorkenborgCurrent
BoardFlemming SchantzCurrent
BoardStef HorkenborgCurrent
Owner (100%)Stef Horkenborg Holding ApSCurrent
Owner (100%)Stef Horkenborg
FounderStef HorkenborgCurrent

The CEOs' other companies

Stef Horkenborg – 1 other companies

Address history (1 moves)

Midtbyvej 28, 6893 Hemmet
Lynevej 21, 6870 Ølgod

Employees per year

Number of employees at Horkenborg Smedie og Hydraulikservice ApS per year112018: 02018

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about Horkenborg Smedie og Hydraulikservice ApS

Has Horkenborg Smedie og Hydraulikservice ApS gone bankrupt?

No, Horkenborg Smedie og Hydraulikservice ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Horkenborg Smedie og Hydraulikservice ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Horkenborg Smedie og Hydraulikservice ApS?

Stef Horkenborg is the CEO of Horkenborg Smedie og Hydraulikservice ApS.

When was Horkenborg Smedie og Hydraulikservice ApS founded?

Horkenborg Smedie og Hydraulikservice ApS was founded on 26 June 2018.

What is the equity of Horkenborg Smedie og Hydraulikservice ApS?

Equity was DKK 2.2m 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.