Mæsteren ApS
CVR 40850295 · Private limited company (ApS) · Active · Very high risk
Mæsteren ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 12.9% over the next 12 months, which is 9.2 times the average for Danish companies. 6 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 -290k and a net result of DKK -45k. CEO: Nicolai Hvidberg Madsen.
Bankruptcy risk for Mæsteren ApS
9.2 × the average (1.41%) · higher risk than 98% of active Danish companies
Increases the risk
Reduces the risk
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
- 40850295
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (7 years)
- Address
- c/o NEXKON-EL ApS, Gasværksvej 30A, st.
9000 Aalborg - Municipality
- Aalborg
- Industry
- Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 40k
- Auditor
- Lorentzen & Partners, Statsautoriserede Revisorer ApS
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 4 of 6 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -107.9% |
| Current ratio | 47% |
| Moves (last 2 years) | 2 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 2 |
| Other companies at the address | 43 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 365k | DKK -190k | DKK 340k |
| Net profit | DKK -45k | DKK -339k | DKK 25k |
| Equity | DKK -290k | DKK -245k | DKK 93k |
| Total assets | DKK 269k | DKK 251k | DKK 298k |
| Cash | DKK 40k | DKK 14k | – |
| Short-term debt | DKK 559k | DKK 442k | – |
| Avg. employees | 1 | – | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Lorentzen & Partners, Statsautoriserede Revisorer ApS.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 194 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 213 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 182 | ||
| 1 Jan 2022 – 31 Dec 2022 | 180 | ||
| 1 Jan 2021 – 31 Dec 2021 | 200 | Late | |
| 10 Oct 2019 – 31 Dec 2020 | 243 | 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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Nicolai Hvidberg Madsen | Current | |
| Owner (100%) | Nicolai Hvidberg Madsen | Current | |
| Founder | Nicolai Hvidberg Madsen | Current |
The CEOs' other companies
Nicolai Hvidberg Madsen – 3 other companies, of which 2 bankrupt
- NHM Transport ApS Bankrupt 11 Nov 2021
- TAJGA CREW A/S Bankrupt 10 Sep 2025
- NEXKON-EL ApS Active
Address history (6 moves)
| c/o NEXKON-EL ApS, Gasværksvej 30A, st., 9000 Aalborg | |
| c/o Nicolai Hvidberg Madsen, Nældevej 57, 9000 Aalborg | |
| Kuhlausvej 5, 9200 Aalborg SV | |
| c/o Nicolai Hvidberg Madsen, Nældevej 57, 9000 Aalborg | |
| c/o Nicolai Hvidberg Madsen, Gartnervej 144, 9200 Aalborg SV | |
| c/o Jan Madsen og Nicolai Hvidberg Madsen, Umanakvej 26, 1. th, 9210 Aalborg SØ | |
| Houvej 177, 9370 Hals |
Former names
| Mæsteren ApS | – now |
| Hvidberg Invest ApS | – |
Other companies at the same address
- 29. SEPTEMBER 2017 APS Bankrupt
- AA-SHIP ApS Bankrupt
- EJENDOMSSELSKABET KORNMARKEN 42 ApS Bankrupt
- Home-Deluxe A/S Bankrupt
- Jensen Copenhagen ApS Bankrupt
- LOGIPAS ApS Bankrupt
- NORDIC HEALTH GROUP ApS Bankrupt
- PTFK Group ApS Bankrupt
- Pekunia Development ApS Bankrupt
- AALBORG BST-CENTER ApS Fusioneret
- ANPARTSSELSKABET AF 30.6.2011, AALBORG Active
- ARKITEKTERNE BJØRK & MAIGÅRD ApS Active
- ASKCODY ApS Active
- B & M EJENDOM ApS Opløst
- BJØRK & MAIGÅRD HOLDING ApS Fusioneret
- BechH ApS Active
- Blackwel ApS Active
- Bridge Funding A/S Fusioneret
- CK Group ApS Active
- CKMs Holding ApS Active
- CROSSFIT AALBORG ApS Active
- DATOSELSKABET AF 21. DECEMBER 2011ApS Compulsorily dissolved
- Estate Denmark ApS Active
- FlexTemp ApS Active
- Fonn Ejendom Danmark ApS Active
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- Tiffany Wholesale ApS Aalborg SV
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Questions and answers about Mæsteren ApS
Has Mæsteren ApS gone bankrupt?
No, Mæsteren ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Mæsteren ApS?
Our model estimates a bankruptcy risk of 12.9% over the next 12 months (very high risk), which is 9.2 times the average for Danish companies.
Who is the CEO of Mæsteren ApS?
Nicolai Hvidberg Madsen is the CEO of Mæsteren ApS.
Who is the auditor of Mæsteren ApS?
Mæsteren ApS most recently used Lorentzen & Partners, Statsautoriserede Revisorer ApS.
When was Mæsteren ApS founded?
Mæsteren ApS was founded on 10 October 2019.
What is the equity of Mæsteren ApS?
Equity was DKK -290k 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.