Martello ApS

CVR 40782788 · Private limited company (ApS) · Active · Low risk

Martello ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.6m and a net result of DKK 293k. CEO: Martin Therkildsen, John Stengård Johansen.

Bankruptcy risk for Martello ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
40782788
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Tjelevej 34
7400 Herning
Municipality
Herning
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio69.7%
Current ratio362%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.8mDKK 2.0mDKK 1.6m
Net profitDKK 293kDKK 470kDKK 300k
EquityDKK 1.6mDKK 1.3mDKK 827k
Total assetsDKK 2.3mDKK 3.8mDKK 1.2m
CashDKK 608kDKK 275k–
Short-term debtDKK 630kDKK 2.5m–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202528
1 Jan 2024 – 31 Dec 202452
1 Jan 2023 – 31 Dec 202344
1 Jan 2022 – 31 Dec 2022166
1 Jan 2021 – 31 Dec 2021158
10 Sep 2019 – 31 Dec 2020161

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
CEOMartin TherkildsenCurrent
CEOJohn Stengård JohansenCurrent
BoardBo LyngsøCurrent
BoardNiels Orloff BilbergCurrent
BoardMartin TherkildsenCurrent
BoardJohn Stengård JohansenCurrent
Owner (25%)Martin TherkildsenCurrent
Owner (25%)John Stengård JohansenCurrent
Owner (25%)LYNGSØ HOLDING ApSCurrent
Owner (25%)NIELS ORLOFF BILBERG HOLDING ApSCurrent
FounderMartin TherkildsenCurrent
FounderJohn Stengård JohansenCurrent

Address history (1 moves)

Tjelevej 34, 7400 Herning
Hammershusvej 1A, 7400 Herning

Other companies at the same address

Similar companies in Herning

Questions and answers about Martello ApS

Has Martello ApS gone bankrupt?

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

What is the bankruptcy risk of Martello 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 Martello ApS?

Martin Therkildsen, John Stengård Johansen are the CEOs of Martello ApS.

When was Martello ApS founded?

Martello ApS was founded on 10 September 2019.

What is the equity of Martello ApS?

Equity was DKK 1.6m 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.