PM Varme ApS

CVR 42035327 · Private limited company (ApS) · Active · Medium risk

PM Varme ApS is a Private limited company (ApS), founded on , based in Veflinge. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 4 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 63k and a net result of DKK 10k. CEO: Palle Madsen.

Bankruptcy risk for PM Varme ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
42035327
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Lindebjerg Have 31
5474 Veflinge
Municipality
Nordfyns
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Landbrugsrådgivning Syd
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 4
Missing annual reportNo
Negative equityNo
Equity ratio7.4%
Current ratio106%
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 year20252024
Gross profitDKK 601kDKK 569k
Net profitDKK 10kDKK 12k
EquityDKK 63kDKK 53k
Total assetsDKK 862kDKK 803k
CashDKK 36k–
Short-term debtDKK 794k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Landbrugsrådgivning Syd.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025189 Late
1 Jul 2023 – 30 Jun 2024173
1 Jul 2022 – 30 Jun 2023184 Late
18 Jan 2021 – 30 Jun 2022184 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

RoleNameFromTo
CEOPalle MadsenCurrent
Owner (100%)PM Holding 2021 ApSCurrent
FounderPM Holding 2021 ApSCurrent

The CEOs' other companies

Palle Madsen – 1 other companies

Address history (0 moves)

Lindebjerg Have 31, 5474 Veflinge

Other companies at the same address

Similar companies in Nordfyns

Questions and answers about PM Varme ApS

Has PM Varme ApS gone bankrupt?

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

What is the bankruptcy risk of PM Varme ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of PM Varme ApS?

Palle Madsen is the CEO of PM Varme ApS.

Who is the auditor of PM Varme ApS?

PM Varme ApS most recently used Landbrugsrådgivning Syd.

When was PM Varme ApS founded?

PM Varme ApS was founded on 18 January 2021.

What is the equity of PM Varme ApS?

Equity was DKK 63k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.