KVA Vind Service ApS

CVR 40087303 · Private limited company (ApS) · Active · Medium risk

KVA Vind Service ApS is a Private limited company (ApS), founded on , based in Skjern. The company is registered in the industry fremstilling af motorer og turbiner, undtagen motorer til flyvemaskiner, motorkøretøjer og knallerter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -4.9m and a net result of DKK -544k.

Bankruptcy risk for KVA Vind Service ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Capital changes1 · bankruptcy rate 7.0%0.80×

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
40087303
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Borrisvej 10
6900 Skjern
Municipality
Ringkøbing-Skjern
Industry
Fremstilling af motorer og turbiner, undtagen motorer til flyvemaskiner, motorkøretøjer og knallerter (281100)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-134.7%
Current ratio18%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -5,353–
Net profitDKK -544k–
EquityDKK -4.9m–
Total assetsDKK 3.7m–
Short-term debtDKK 8.5m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022137
1 Jan 2021 – 31 Dec 2021139
1 Jan 2020 – 31 Dec 202083
29 Nov 2018 – 31 Dec 2019119

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
CEOKurt Sand Østergaard
BoardKurt Sand Østergaard
BoardIngrid Højvang Østergaard
BoardJacob Sand Sjørslev-Østergaard
BoardJan Højvang Østergaard
Owner (67%)KVA DIESEL HOLDING ApSCurrent
Owner (20%)Peter Bech PedersenCurrent
FounderKVA DIESEL HOLDING ApSCurrent

The CEOs' other companies

Kurt Sand Østergaard – 5 other companies, of which 1 bankrupt

Address history (0 moves)

Borrisvej 10, 6900 Skjern

Former names

KVA Vind Service ApS – now
KVA Wind Int. ApS –
KVA Wind Int. A/S –

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about KVA Vind Service ApS

Has KVA Vind Service ApS gone bankrupt?

No, KVA Vind Service ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of KVA Vind Service ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the auditor of KVA Vind Service ApS?

KVA Vind Service ApS most recently used Beierholm.

When was KVA Vind Service ApS founded?

KVA Vind Service ApS was founded on 29 November 2018.

What is the equity of KVA Vind Service ApS?

Equity was DKK -4.9m 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.