Trustmade ApS

CVR 40320458 · Private limited company (ApS) · Active · High risk

Trustmade ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 5.8% over the next 12 months, which is 4.1 times the average for Danish companies. 7 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -1.5m and a net result of DKK -54k. CEO: Mikkel Küno Møllegaard Laugesen Grundtvig.

Bankruptcy risk for Trustmade ApS

5.8%
probability of bankruptcy within 12 months
High risk

4.1 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
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×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Website registeredYes · bankruptcy rate 12.0%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
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
40320458
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Helsingørvej 4
7100 Vejle
Municipality
Vejle
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityYes
Equity ratio–
Current ratio–
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address53
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -6,139DKK -8,481DKK -2,500
Net profitDKK -54kDKK -246kDKK -97k
EquityDKK -1.5mDKK -1.5mDKK -1.2m
Total assetsDKK 0DKK 0DKK 171k
Short-term debtDKK 1.5mDKK 1.5m–
Avg. employees00–

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 2025188 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023197 Late
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020183
1 Mar 2019 – 31 Dec 2019139

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
CEOMikkel Küno Møllegaard Laugesen GrundtvigCurrent
CEODorthe Egeskow-Gjerka Schmidt
BoardPreben Møllegaard GrundtvigCurrent
BoardDorthe Egeskow-Gjerka SchmidtCurrent
BoardDaniel SkovbakkeCurrent
BoardDaniel Skovbakke
BoardPatrick Vinding Olesen
Owner (25%)DANSK KREDITORSERVICE & KONSULENTTJENESTE ApSCurrent
Owner (10%)DSDK ApSCurrent
Owner (15%)CSTec Holding ApSCurrent
Owner (25%)MJG Holding ApSCurrent
Owner (15%)Peguero Holding ApSCurrent
Owner (25%)Preben Møllegaard Grundtvig
Owner (20%)Daniel Skovbakke
Owner (33%)Patrick Vinding Olesen
Owner (67%)Preben Møllegaard Grundtvig
Owner (33%)Preben Møllegaard Grundtvig
Owner (25%)Carsten Mejer Schmidt
Owner (25%)CSTec Holding ApS
Owner (15%)INTSOFT ApS
Owner (50%)Preben Møllegaard Grundtvig
Owner (50%)DANSK KREDITORSERVICE & KONSULENTTJENESTE ApS
Owner (20%)DSDK ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderINTSOFT ApSCurrent
FounderVINDING GROUP HOLDING ApSCurrent
FounderDSDK ApSCurrent
FounderPM Group Holding ApSCurrent

The CEOs' other companies

Mikkel Küno Møllegaard Laugesen Grundtvig – 3 other companies

Address history (2 moves)

Helsingørvej 4, 7100 Vejle
Wittrupvej 1, 7120 Vejle Øst
Stormosevej 31, 8361 Hasselager

Former names

Trustmade ApS – now
TRUSTMATE ApS –

Other companies at the same address

Similar companies in Vejle

Questions and answers about Trustmade ApS

Has Trustmade ApS gone bankrupt?

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

What is the bankruptcy risk of Trustmade ApS?

Our model estimates a bankruptcy risk of 5.8% over the next 12 months (high risk), which is 4.1 times the average for Danish companies.

Who is the CEO of Trustmade ApS?

Mikkel Küno Møllegaard Laugesen Grundtvig is the CEO of Trustmade ApS.

Who is the auditor of Trustmade ApS?

Trustmade ApS most recently used Beierholm.

When was Trustmade ApS founded?

Trustmade ApS was founded on 1 March 2019.

What is the equity of Trustmade ApS?

Equity was DKK -1.5m 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.