ELITE WELDING ApS

CVR 40828729 · Private limited company (ApS) · Active · Low risk

ELITE WELDING ApS is a Private limited company (ApS), founded on , based in Faaborg. The company is registered in the industry reparation og vedligeholdelse af færdige metalprodukter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 1.0m and a net result of DKK 439k. CEO: Nadia Gade.

Bankruptcy risk for ELITE WELDING ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
40828729
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Rugagerlund 15, Rugagerlund 15
5600 Faaborg
Municipality
Faaborg-Midtfyn
Industry
Reparation og vedligeholdelse af færdige metalprodukter (331100)
Bankruptcies in the industry: Reparation af maskiner
Share capital
DKK 40k
Auditor
Baker Tilly Denmark
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityNo
Equity ratio69.0%
Current ratio322%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.1mDKK 4.3mDKK 6.7m
Net profitDKK 439kDKK 610kDKK 1.1m
EquityDKK 1.0mDKK 1.2mDKK 1.5m
Total assetsDKK 1.5mDKK 1.6mDKK 3.1m
CashDKK 1.3mDKK 1.5m–
Short-term debtDKK 452kDKK 434k–
Avg. employees35–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023177
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 2021189 Late
1 Oct 2019 – 31 Dec 2020180

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
CEONadia GadeCurrent
Owner (100%)MANA Faaborg Holding ApSCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorAIDER Godkendt Revisionsaktieselskab
FounderMANA Faaborg Holding ApSCurrent

The CEOs' other companies

Nadia Gade – 2 other companies, of which 1 bankrupt

Address history (2 moves)

c/o Rugagerlund 15, Rugagerlund 15, 5600 Faaborg
Bjernevej 7, 5600 Faaborg
Rugagerlund 17, 5600 Faaborg

Other companies at the same address

Similar companies in Faaborg-Midtfyn

Questions and answers about ELITE WELDING ApS

Has ELITE WELDING ApS gone bankrupt?

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

What is the bankruptcy risk of ELITE WELDING ApS?

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

Who is the CEO of ELITE WELDING ApS?

Nadia Gade is the CEO of ELITE WELDING ApS.

Who is the auditor of ELITE WELDING ApS?

ELITE WELDING ApS most recently used Baker Tilly Denmark.

When was ELITE WELDING ApS founded?

ELITE WELDING ApS was founded on 1 October 2019.

What is the equity of ELITE WELDING ApS?

Equity was DKK 1.0m 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.