METER TRADING COMPANY APS

CVR 42047392 · Private limited company (ApS) · Active · Very high risk

METER TRADING COMPANY APS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 7.2% over the next 12 months, which is 5.1 times the average for Danish companies. 4 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -460k and a net result of DKK -68k. CEO: Johnny Erik Meter.

Bankruptcy risk for METER TRADING COMPANY APS

7.2%
probability of bankruptcy within 12 months
Very high risk

5.1 × the average (1.41%) · higher risk than 95% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Industry changes1 · bankruptcy rate 6.5%0.74×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
42047392
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Skolesvinget 114
8700 Horsens
Municipality
Horsens
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
A/S REVISION HATTING REGISTRERET REVISIONSSELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-83.9%
Current ratio172%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 506kDKK 365k
Net profitDKK -68kDKK -127k
EquityDKK -460kDKK -392k
Total assetsDKK 548kDKK 636k
CashDKK 24k–
Short-term debtDKK 282k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · A/S REVISION HATTING REGISTRERET REVISIONSSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025200 Late
1 Jul 2023 – 30 Jun 2024173 Restated
1 Jul 2022 – 30 Jun 2023152
20 Jan 2021 – 30 Jun 2022175

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
CEOJohnny Erik MeterCurrent
Owner (20%)EMV 2020 ApSCurrent
Owner (67%)METER HOLDING APSCurrent
FounderEMV 2020 ApSCurrent
FounderMETER HOLDING APSCurrent

The CEOs' other companies

Johnny Erik Meter – 1 other companies

Address history (0 moves)

Skolesvinget 114, 8700 Horsens

Other companies at the same address

Similar companies in Horsens

Questions and answers about METER TRADING COMPANY APS

Has METER TRADING COMPANY APS gone bankrupt?

No, METER TRADING COMPANY APS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of METER TRADING COMPANY APS?

Our model estimates a bankruptcy risk of 7.2% over the next 12 months (very high risk), which is 5.1 times the average for Danish companies.

Who is the CEO of METER TRADING COMPANY APS?

Johnny Erik Meter is the CEO of METER TRADING COMPANY APS.

Who is the auditor of METER TRADING COMPANY APS?

METER TRADING COMPANY APS most recently used A/S REVISION HATTING REGISTRERET REVISIONSSELSKAB.

When was METER TRADING COMPANY APS founded?

METER TRADING COMPANY APS was founded on 20 January 2021.

What is the equity of METER TRADING COMPANY APS?

Equity was DKK -460k 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.