CIM Development ApS

CVR 43806149 · Private limited company (ApS) · Active · Medium risk

CIM Development ApS is a Private limited company (ApS), founded on , based in Struer. The company is registered in the industry engroshandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 1.7% over the next 12 months, which is 1.2 times the average for Danish companies. 3 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 779k and a net result of DKK 142k. CEO: Henning Vestergaard.

Bankruptcy risk for CIM Development ApS

1.7%
probability of bankruptcy within 12 months
Medium risk

1.2 × the average (1.41%) · higher risk than 81% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Equity ratio40%–60% · 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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
43806149
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Fælledvej 17
7600 Struer
Municipality
Struer
Industry
Engroshandel med informations- og kommunikationsudstyr (465000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
Regnskabsfabrikanten A/S
Audit opted out
No

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityNo
Equity ratio46.7%
Current ratio188%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address85
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 166kDKK 527kDKK 280k
Net profitDKK 142kDKK 409kDKK 188k
EquityDKK 779kDKK 637kDKK 228k
Total assetsDKK 1.7mDKK 1.1mDKK 2.9m
CashDKK 333kDKK 257k–
Short-term debtDKK 888kDKK 469k–
Tax owedDKK 40kDKK 115k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · Regnskabsfabrikanten A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025171
1 Jan 2024 – 31 Dec 2024184 Late
26 Jan 2023 – 31 Dec 2023182

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
CEOHenning VestergaardCurrent
BoardHenning VestergaardCurrent
BoardOle Halskov ThomsenCurrent
Owner (100%)CIM GRUPPEN A/SCurrent
AuditorRegnskabsfabrikanten A/SCurrent
FounderCIM GRUPPEN A/SCurrent

The CEOs' other companies

Henning Vestergaard – 27 other companies, of which 5 bankrupt

Address history (0 moves)

Fælledvej 17, 7600 Struer

Former names

CIM Development ApS – now
CIM Finance ApS –

Other companies at the same address

Similar companies in Struer

Questions and answers about CIM Development ApS

Has CIM Development ApS gone bankrupt?

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

What is the bankruptcy risk of CIM Development ApS?

Our model estimates a bankruptcy risk of 1.7% over the next 12 months (medium risk), which is 1.2 times the average for Danish companies.

Who is the CEO of CIM Development ApS?

Henning Vestergaard is the CEO of CIM Development ApS.

Who is the auditor of CIM Development ApS?

CIM Development ApS most recently used Regnskabsfabrikanten A/S.

When was CIM Development ApS founded?

CIM Development ApS was founded on 26 January 2023.

What is the equity of CIM Development ApS?

Equity was DKK 779k 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.