VadeMad ApS

CVR 43712349 · Private limited company (ApS) · Active · Very high risk

VadeMad ApS is a Private limited company (ApS), founded on , based in Fanø. The company is registered in the industry drift af mobile madboder. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -53k and a net result of DKK -96k.

Bankruptcy risk for VadeMad ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Other companies at the same address0 · bankruptcy rate 7.5%0.85×

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
43712349
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Poppelvej 11
6720 Fanø
Municipality
Fanø
Industry
Drift af mobile madboder (561200)
Bankruptcies in the industry: Restauranter
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-29.5%
Current ratio15%
Moves (last 2 years)2
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 219kDKK 1.1m
Net profitDKK -96kDKK 29k
EquityDKK -53kDKK 44k
Total assetsDKK 178kDKK 325k
CashDKK 23k–
Short-term debtDKK 231k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025106
1 Jan 2024 – 31 Dec 2024162
2 Dec 2022 – 31 Dec 2023156

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
CEOMike Ravn
CEOTroels Ehrhorn Nielsen
Owner (100%)Federico BeccagliaCurrent
Owner (50%)Mike Ravn
Owner (50%)Troels Ehrhorn Nielsen
Owner (50%)Federico Beccaglia
FounderMike RavnCurrent
FounderTroels Ehrhorn NielsenCurrent

Address history (2 moves)

Poppelvej 11, 6720 Fanø
Ved Møllebanken 4, 6720 Fanø
Sønder Nytoft 3, 6720 Fanø

Similar companies in Fanø

Questions and answers about VadeMad ApS

Has VadeMad ApS gone bankrupt?

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

What is the bankruptcy risk of VadeMad ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

When was VadeMad ApS founded?

VadeMad ApS was founded on 2 December 2022.

What is the equity of VadeMad ApS?

Equity was DKK -53k 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.