Ø. Velling Smede & VVS ApS

CVR 42230413 · Private limited company (ApS) · Active · Medium risk

Ø. Velling Smede & VVS ApS is a Private limited company (ApS), founded on , based in Fårup. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 5 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 172k and a net result of DKK -2,954. CEO: Bjarne Lykkegård Venning Larsen.

Bankruptcy risk for Ø. Velling Smede & VVS ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
42230413
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Skovagervej 10
8990 Fårup
Municipality
Randers
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityNo
Equity ratio30.5%
Current ratio133%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 826kDKK 859kDKK 866k
Net profitDKK -2,954DKK -11kDKK 20k
EquityDKK 172kDKK 175kDKK 186k
Total assetsDKK 565kDKK 539kDKK 533k
CashDKK 41kDKK 0–
Short-term debtDKK 391kDKK 358k–
Tax owedDKK 1,236DKK 0–
Avg. employees32–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024189 Late
1 Jan 2023 – 31 Dec 2023169
1 Jan 2022 – 31 Dec 202261
18 Mar 2021 – 31 Dec 2021178

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
CEOBjarne Lykkegård Venning LarsenCurrent
Owner (100%)Bjarne Lykkegård Venning LarsenCurrent
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorNational Revision a/s
FounderBjarne Lykkegård Venning LarsenCurrent

Address history (0 moves)

Skovagervej 10, 8990 Fårup

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Questions and answers about Ø. Velling Smede & VVS ApS

Has Ø. Velling Smede & VVS ApS gone bankrupt?

No, Ø. Velling Smede & VVS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Ø. Velling Smede & VVS ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of Ø. Velling Smede & VVS ApS?

Bjarne Lykkegård Venning Larsen is the CEO of Ø. Velling Smede & VVS ApS.

Who is the auditor of Ø. Velling Smede & VVS ApS?

Ø. Velling Smede & VVS ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Ø. Velling Smede & VVS ApS founded?

Ø. Velling Smede & VVS ApS was founded on 18 March 2021.

What is the equity of Ø. Velling Smede & VVS ApS?

Equity was DKK 172k 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.