SM Holdingselskab ApS

CVR 42592250 · Private limited company (ApS) · Active · Medium risk

SM Holdingselskab ApS is a Private limited company (ApS), founded on , based in Hals. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 4 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 186k and a net result of DKK 143k. CEO: Sune Toftdahl Raun Madsen.

Bankruptcy risk for SM Holdingselskab ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · 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×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
42592250
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Ulstedvej 27A
9370 Hals
Municipality
Aalborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityNo
Equity ratio36.3%
Current ratio93%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -3,527DKK -3,689DKK -19k
Net profitDKK 143kDKK 136kDKK -504k
EquityDKK 186kDKK 43kDKK -93k
Total assetsDKK 512kDKK 369kDKK 313k
Short-term debtDKK 326kDKK 326k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023193 Late
9 Aug 2021 – 31 Dec 2022188 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
CEOSune Toftdahl Raun MadsenCurrent
Owner (100%)Sune Toftdahl Raun MadsenCurrent
AuditorTALMENNESKER GODKENDT REVISIONSANPARTSSELSKAB
FounderSune Toftdahl Raun MadsenCurrent

The CEOs' other companies

Sune Toftdahl Raun Madsen – 5 other companies, of which 1 bankrupt

Address history (3 moves)

Ulstedvej 27A, 9370 Hals
Aalborgvej 32, 9370 Hals
Rughaven 6, 9370 Hals
Gl Kongevej 52, 9362 Gandrup

Other companies at the same address

Similar companies in Aalborg

Questions and answers about SM Holdingselskab ApS

Has SM Holdingselskab ApS gone bankrupt?

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

What is the bankruptcy risk of SM Holdingselskab ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of SM Holdingselskab ApS?

Sune Toftdahl Raun Madsen is the CEO of SM Holdingselskab ApS.

When was SM Holdingselskab ApS founded?

SM Holdingselskab ApS was founded on 9 August 2021.

What is the equity of SM Holdingselskab ApS?

Equity was DKK 186k 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.