A/S Kurt Rasmussen Værktøjsmaskiner Eftf.

CVR 40741704 · Public limited company (A/S) · Active · Low risk

A/S Kurt Rasmussen Værktøjsmaskiner Eftf. is a Public limited company (A/S), founded on , based in Horsens. The company is registered in the industry engroshandel med værktøjsmaskiner. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 7 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.2m and a net result of DKK 145k. CEO: Henrik Richard Jensen.

Bankruptcy risk for A/S Kurt Rasmussen Værktøjsmaskiner Eftf.

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
40741704
Status
Active
Company type
Public limited company (A/S)
Founded
(7 years)
Address
Østerhåbsvej 83E
8700 Horsens
Municipality
Horsens
Industry
Engroshandel med værktøjsmaskiner (466200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 400k
Auditor
Roesgaard
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 7
Missing annual reportNo
Negative equityNo
Equity ratio38.7%
Current ratio160%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 853kDKK 1.8mDKK 584k
Net profitDKK 145kDKK 971kDKK 19k
EquityDKK 1.2mDKK 1.6mDKK 655k
Total assetsDKK 3.0mDKK 2.7mDKK 2.3m
CashDKK 74kDKK 751k–
Short-term debtDKK 1.8mDKK 1.1m–
Tax owedDKK 46kDKK 268k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 2021192 Late
1 Jan 2020 – 31 Dec 2020180
12 Aug 2019 – 31 Dec 2019214 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
CEOHenrik Richard JensenCurrent
BoardHenrik Richard JensenCurrent
BoardPia JensenCurrent
BoardPernille Lyngby JepsenCurrent
Owner (100%)P & H Holding ApSCurrent
FounderP & H Holding ApSCurrent

The CEOs' other companies

Henrik Richard Jensen – 1 other companies

Address history (1 moves)

Østerhåbsvej 83E, 8700 Horsens
Marsalle 7, 8700 Horsens

Other companies at the same address

Similar companies in Horsens

Questions and answers about A/S Kurt Rasmussen Værktøjsmaskiner Eftf.

Has A/S Kurt Rasmussen Værktøjsmaskiner Eftf. gone bankrupt?

No, A/S Kurt Rasmussen Værktøjsmaskiner Eftf. is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of A/S Kurt Rasmussen Værktøjsmaskiner Eftf.?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of A/S Kurt Rasmussen Værktøjsmaskiner Eftf.?

Henrik Richard Jensen is the CEO of A/S Kurt Rasmussen Værktøjsmaskiner Eftf..

Who is the auditor of A/S Kurt Rasmussen Værktøjsmaskiner Eftf.?

A/S Kurt Rasmussen Værktøjsmaskiner Eftf. most recently used Roesgaard.

When was A/S Kurt Rasmussen Værktøjsmaskiner Eftf. founded?

A/S Kurt Rasmussen Værktøjsmaskiner Eftf. was founded on 12 August 2019.

What is the equity of A/S Kurt Rasmussen Værktøjsmaskiner Eftf.?

Equity was DKK 1.2m 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.