Fieldway ApS

CVR 40788905 · Private limited company (ApS) · Active · High risk

Fieldway ApS is a Private limited company (ApS), founded on , based in Kibæk. The company is registered in the industry engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 6 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 2.6m and a net result of DKK 379k. CEO: Michael Thisgaard Olesen.

Bankruptcy risk for Fieldway ApS

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
40788905
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Michael Olesen, Markvænget 14
6933 Kibæk
Municipality
Ringkøbing-Skjern
Industry
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil (466100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityNo
Equity ratio47.0%
Current ratio189%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 584kDKK 426kDKK 554k
Net profitDKK 379kDKK -354kDKK 321k
EquityDKK 2.6mDKK 2.2mDKK 1.3m
Total assetsDKK 5.5mDKK 5.3mDKK 3.4m
Cash–DKK 116k–
Short-term debtDKK 2.9mDKK 3.1m–
Avg. employees–2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025194 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 2021120
1 Sep 2019 – 31 Dec 2020177

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
CEOMichael Thisgaard OlesenCurrent
Owner (100%)Michael Thisgaard OlesenCurrent
AuditorAgerbo Gruppen
FounderMichael Thisgaard OlesenCurrent

The CEOs' other companies

Michael Thisgaard Olesen – 1 other companies

Address history (1 moves)

c/o Michael Olesen, Markvænget 14, 6933 Kibæk
Markvænget 14, 6933 Kibæk

Former names

Fieldway ApS – now
Sebal ApS –
Fieldway ApS –

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about Fieldway ApS

Has Fieldway ApS gone bankrupt?

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

What is the bankruptcy risk of Fieldway ApS?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of Fieldway ApS?

Michael Thisgaard Olesen is the CEO of Fieldway ApS.

When was Fieldway ApS founded?

Fieldway ApS was founded on 1 September 2019.

What is the equity of Fieldway ApS?

Equity was DKK 2.6m 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.