Smede- og Maskinservice ApS

CVR 40955275 · Private limited company (ApS) · Active · Medium risk

Smede- og Maskinservice ApS is a Private limited company (ApS), founded on , based in Fjerritslev. The company is registered in the industry fremstilling af hydraulisk udstyr. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 6 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -41k and a net result of DKK 58k. CEO: Timo Fosdal.

Bankruptcy risk for Smede- og Maskinservice ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
40955275
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Møllehøjsvej 25
9690 Fjerritslev
Municipality
Jammerbugt
Industry
Fremstilling af hydraulisk udstyr (281200)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 140k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-10.9%
Current ratio61%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 670kDKK 550k
Net profitDKK 58kDKK -42k
EquityDKK -41kDKK -111k
Total assetsDKK 379kDKK 313k
CashDKK 101k–
Short-term debtDKK 420k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 202170
22 Nov 2019 – 31 Dec 202015

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
CEOTimo FosdalCurrent
CEOOle Emmik Fosdal
Owner (100%)Timo FosdalCurrent
Owner (100%)Ole Emmik Fosdal
FounderOle Emmik FosdalCurrent

The CEOs' other companies

Timo Fosdal – 2 other companies

Ole Emmik Fosdal – 3 other companies, of which 2 bankrupt

Address history (1 moves)

Møllehøjsvej 25, 9690 Fjerritslev
Kirkevej 304, 9870 Sindal

Other companies at the same address

Questions and answers about Smede- og Maskinservice ApS

Has Smede- og Maskinservice ApS gone bankrupt?

No, Smede- og Maskinservice ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Smede- og Maskinservice ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Smede- og Maskinservice ApS?

Timo Fosdal is the CEO of Smede- og Maskinservice ApS.

When was Smede- og Maskinservice ApS founded?

Smede- og Maskinservice ApS was founded on 22 November 2019.

What is the equity of Smede- og Maskinservice ApS?

Equity was DKK -41k 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.