Refsgaard Smed ApS

CVR 43175424 · Private limited company (ApS) · Active · Medium risk

Refsgaard Smed ApS is a Private limited company (ApS), founded on , based in Erslev. The company is registered in the industry smedning og valsning af metal samt pulvermetallurgi. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 248k and a net result of DKK 77k. CEO: Dennis Villadsen Refsgaard.

Bankruptcy risk for Refsgaard Smed 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

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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×
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
43175424
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o dennis refsgaard, Præstbrovej 157
7950 Erslev
Municipality
Morsø
Industry
Smedning og valsning af metal samt pulvermetallurgi (254000)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio10.6%
Current ratio50%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.7mDKK 1.5mDKK 1.2m
Net profitDKK 77kDKK 131kDKK 373k
EquityDKK 248kDKK 171kDKK 569k
Total assetsDKK 2.3mDKK 2.0mDKK 1.4m
CashDKK 193kDKK 430k–
Short-term debtDKK 1.9mDKK 1.7m–
Tax owedDKK 25kDKK 37k–
Avg. employees62–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025103
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023122
4 Apr 2022 – 31 Dec 202293

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
CEODennis Villadsen RefsgaardCurrent
Owner (15%)Grainas A/SCurrent
Owner (67%)Dunse Holding ApSCurrent
Owner (100%)Dennis Villadsen Refsgaard
Owner (100%)Dunse Holding ApS
FounderDennis Villadsen RefsgaardCurrent

The CEOs' other companies

Dennis Villadsen Refsgaard – 2 other companies

Address history (1 moves)

c/o dennis refsgaard, Præstbrovej 157, 7950 Erslev
Langebeksvej 28, 7700 Thisted

Other companies at the same address

Similar companies in Morsø

Questions and answers about Refsgaard Smed ApS

Has Refsgaard Smed ApS gone bankrupt?

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

What is the bankruptcy risk of Refsgaard Smed 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 Refsgaard Smed ApS?

Dennis Villadsen Refsgaard is the CEO of Refsgaard Smed ApS.

Who is the auditor of Refsgaard Smed ApS?

Refsgaard Smed ApS most recently used Beierholm.

When was Refsgaard Smed ApS founded?

Refsgaard Smed ApS was founded on 4 April 2022.

What is the equity of Refsgaard Smed ApS?

Equity was DKK 248k 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.