Frimanns Montage & Service ApS

CVR 39842688 · Private limited company (ApS) · Active · Low risk

Frimanns Montage & Service ApS is a Private limited company (ApS), founded on , based in Nysted. The company is registered in the industry reparation og vedligeholdelse af maskiner. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 7 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 40k and a net result of DKK 9,139. CEO: Morten Frimann Walli Bille.

Bankruptcy risk for Frimanns Montage & Service ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% 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×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
39842688
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Sakskøbingvej 16
4880 Nysted
Municipality
Guldborgsund
Industry
Reparation og vedligeholdelse af maskiner (331200)
Bankruptcies in the industry: Reparation af maskiner
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityNo
Equity ratio49.2%
Current ratio197%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 13kDKK 13k
Net profitDKK 9,139DKK 8,952
EquityDKK 40kDKK 32k
Total assetsDKK 81kDKK 40k
CashDKK 81k–
Short-term debtDKK 41k–
Tax owedDKK 3,657–
Avg. employees1–

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 202573
1 Jan 2024 – 31 Dec 2024121
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 202219
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020192 Late
6 Sep 2018 – 31 Dec 2019245 Late

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
CEOMorten Frimann Walli BilleCurrent
Owner (100%)Morten Frimann Walli BilleCurrent
FounderMorten Frimann Walli BilleCurrent

Address history (2 moves)

Sakskøbingvej 16, 4880 Nysted
Sakskøbingvej 16, 4880 Nysted
Engvej 15, 4930 Maribo

Former names

Frimanns Montage & Service ApS – now
Frimanns Montage & Service IVS –

Similar companies in Guldborgsund

Questions and answers about Frimanns Montage & Service ApS

Has Frimanns Montage & Service ApS gone bankrupt?

No, Frimanns Montage & Service ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Frimanns Montage & Service ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Frimanns Montage & Service ApS?

Morten Frimann Walli Bille is the CEO of Frimanns Montage & Service ApS.

When was Frimanns Montage & Service ApS founded?

Frimanns Montage & Service ApS was founded on 6 September 2018.

What is the equity of Frimanns Montage & Service ApS?

Equity was DKK 40k 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.