Mads Westergaard ApS
CVR 40005463 · Private limited company (ApS) · Active · Low risk
Mads Westergaard ApS is a Private limited company (ApS), founded on , based in Aabybro. The company is registered in the industry fremstilling af andre maskiner til specielle formål i.a.n.. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 142k and a net result of DKK 53k. CEO: Mads Westergaard.
Bankruptcy risk for Mads Westergaard ApS
0.0 × the average (1.41%) · higher risk than 27% of active Danish companies
Increases the risk
Reduces the risk
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
- 40005463
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (7 years)
- Address
- Limfjordsgade 184A
9440 Aabybro - Municipality
- Jammerbugt
- Industry
- Fremstilling af andre maskiner til specielle formål i.a.n. (289900)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n. - Share capital
- DKK 50k
- Auditor
- BDO Statsautoriseret Revisionspartnerselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 7 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 85.8% |
| Current ratio | 706% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 1 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 68k | DKK 50k |
| Net profit | DKK 53k | DKK 33k |
| Equity | DKK 142k | DKK 223k |
| Total assets | DKK 165k | DKK 251k |
| Cash | DKK 135k | – |
| Short-term debt | DKK 23k | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 50 | ||
| 1 Jan 2024 – 31 Dec 2024 | 119 | ||
| 1 Jan 2023 – 31 Dec 2023 | 179 | ||
| 1 Jan 2022 – 31 Dec 2022 | 180 | ||
| 1 Jan 2021 – 31 Dec 2021 | 147 | ||
| 1 Jan 2020 – 31 Dec 2020 | 146 | ||
| 6 Nov 2018 – 31 Dec 2019 | 143 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Mads Westergaard | Current | |
| Owner (100%) | Mads Westergaard | Current | |
| Founder | Mads Westergaard | Current |
The CEOs' other companies
Mads Westergaard – 2 other companies
- GREBJERG INVEST ApS Active
- Westergaard Ejendomsselskab ApS Active
Address history (1 moves)
| Limfjordsgade 184A, 9440 Aabybro | |
| Limfjordsgade 7, 9440 Aabybro |
Other companies at the same address
Similar companies in Jammerbugt
- DAMGAARD AUTOMATIK A/S Pandrup
- KS Technology ApS Pandrup
- LAITEC ApS Aabybro
- ApS GJØL AF 22. MAJ 2006 Aabybro
- ESS GRAPHIC A/S Pandrup
Questions and answers about Mads Westergaard ApS
Has Mads Westergaard ApS gone bankrupt?
No, Mads Westergaard ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Mads Westergaard 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 Mads Westergaard ApS?
Mads Westergaard is the CEO of Mads Westergaard ApS.
Who is the auditor of Mads Westergaard ApS?
Mads Westergaard ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.
When was Mads Westergaard ApS founded?
Mads Westergaard ApS was founded on 6 November 2018.
What is the equity of Mads Westergaard ApS?
Equity was DKK 142k 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.