Madsens Handel ApS

CVR 40158618 · Private limited company (ApS) · Active · Low risk

Madsens Handel ApS is a Private limited company (ApS), founded on , based in Hadsten. The company is registered in the industry reparation og vedligeholdelse af husholdningsapparater og redskaber til hus og have. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 8 annual reports have been published. The latest annual report (30 Jun 2026) shows equity of DKK -12k and a net result of DKK 11k. CEO: Kim Thyregod Madsen.

Bankruptcy risk for Madsens Handel ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
40158618
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Oluf Rings Vej 3
8370 Hadsten
Municipality
Favrskov
Industry
Reparation og vedligeholdelse af husholdningsapparater og redskaber til hus og have (952200)
Bankruptcies in the industry: Reparation af andre varer til personligt brug og husholdningsbrug
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-18.8%
Current ratio84%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202620252024
Gross profitDKK 401kDKK 359kDKK 317k
Net profitDKK 11kDKK 34kDKK -76k
EquityDKK -12kDKK -24kDKK -58k
Total assetsDKK 66kDKK 77kDKK 50k
CashDKK 35kDKK 77k–
Short-term debtDKK 78kDKK 101k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202670
1 Jul 2024 – 30 Jun 202570
1 Jul 2023 – 30 Jun 202466
1 Jul 2022 – 30 Jun 202361
1 Jul 2021 – 30 Jun 202298
1 Jul 2020 – 30 Jun 2021103
1 Jul 2019 – 30 Jun 202090
17 Dec 2018 – 30 Jun 2019142

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
CEOKim Thyregod MadsenCurrent
CEOCasper Thyregod Madsen
Owner (100%)Kim Thyregod MadsenCurrent
Owner (50%)KTMS HOLDING ApS
Owner (33%)CTMS Holding IVS
FounderKTMS HOLDING ApSCurrent
FounderCTMS Holding IVSCurrent

The CEOs' other companies

Kim Thyregod Madsen – 2 other companies

Casper Thyregod Madsen – 1 other companies

Address history (1 moves)

Oluf Rings Vej 3, 8370 Hadsten
Oluf Rings Vej 3, 8370 Hadsten

Former names

Madsens Handel ApS – now
Madsens Handel IVS –

Other companies at the same address

Similar companies in Favrskov

Questions and answers about Madsens Handel ApS

Has Madsens Handel ApS gone bankrupt?

No, Madsens Handel ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Madsens Handel ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Madsens Handel ApS?

Kim Thyregod Madsen is the CEO of Madsens Handel ApS.

Who is the auditor of Madsens Handel ApS?

Madsens Handel ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Madsens Handel ApS founded?

Madsens Handel ApS was founded on 17 December 2018.

What is the equity of Madsens Handel ApS?

Equity was DKK -12k according to the annual report for the period ending 30 June 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.