Function Danmark ApS

CVR 44358824 · Private limited company (ApS) · Active · High risk

Function Danmark ApS is a Private limited company (ApS), founded on , based in Albertslund. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 2 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 3.1m and a net result of DKK 1.0m. CEO: Kjetil Kaldestad.

Bankruptcy risk for Function Danmark ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
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×

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
44358824
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Herstedøstervej 27A
2620 Albertslund
Municipality
Albertslund
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
PRICEWATERHOUSECOOPERSSTATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio56.3%
Current ratio229%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address138
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.4mDKK 2.6m
Net profitDKK 1.0mDKK 2.0m
EquityDKK 3.1mDKK 2.1m
Total assetsDKK 5.5mDKK 6.2m
Short-term debtDKK 2.4mDKK 4.1m
Tax owedDKK 951kDKK 576k
Avg. employees10

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · PRICEWATERHOUSECOOPERSSTATSAUTORISERET REVISIONSPARTNERSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
7 Oct 2023 – 31 Dec 2024188 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
CEOKjetil KaldestadCurrent
Owner (100%)Micro Matic Norge ASCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMicro Matic Norge ASCurrent

Address history (1 moves)

Herstedøstervej 27A, 2620 Albertslund
Herstedøstervej 27A, 2620 Albertslund

Former names

Function Danmark ApS – now
Scanelec ApS –

Other companies at the same address

Similar companies in Albertslund

Questions and answers about Function Danmark ApS

Has Function Danmark ApS gone bankrupt?

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

What is the bankruptcy risk of Function Danmark ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Function Danmark ApS?

Kjetil Kaldestad is the CEO of Function Danmark ApS.

Who is the auditor of Function Danmark ApS?

Function Danmark ApS most recently used PRICEWATERHOUSECOOPERSSTATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Function Danmark ApS founded?

Function Danmark ApS was founded on 7 October 2023.

What is the equity of Function Danmark ApS?

Equity was DKK 3.1m 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.