Advatech ApS

CVR 44138824 · Private limited company (ApS) · Active · Low risk

Advatech ApS is a Private limited company (ApS), founded on , based in Vils. The company is registered in the industry rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 2 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 361k and a net result of DKK 102k. CEO: Martin Skov Hertzum.

Bankruptcy risk for Advatech ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Published annual reports2 · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
44138824
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Martin Skov Hertzum, Kirkebakken 11
7980 Vils
Municipality
Morsø
Industry
Rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik (711220)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio64.9%
Current ratio184%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 581kDKK 798k
Net profitDKK 102kDKK 280k
EquityDKK 361kDKK 320k
Total assetsDKK 557kDKK 522k
CashDKK 158k–
Short-term debtDKK 196k–
Tax owedDKK 33k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025105
26 Jun 2023 – 30 Jun 2024113

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
CEOMartin Skov HertzumCurrent
Owner (100%)Martin Skov HertzumCurrent
FounderMartin Skov HertzumCurrent

Address history (2 moves)

c/o Martin Skov Hertzum, Kirkebakken 11, 7980 Vils
c/o Martin Skov Hertzum, Kløvenhøj 3, 7970 Redsted M
c/o Martin Skov Hertzum, Næssundvej 184, 7980 Vils

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Questions and answers about Advatech ApS

Has Advatech ApS gone bankrupt?

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

What is the bankruptcy risk of Advatech ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Advatech ApS?

Martin Skov Hertzum is the CEO of Advatech ApS.

When was Advatech ApS founded?

Advatech ApS was founded on 26 June 2023.

What is the equity of Advatech ApS?

Equity was DKK 361k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.