Maskinfabrikken FREM ApS

CVR 44896591 · Private limited company (ApS) · Active · Low risk

Maskinfabrikken FREM ApS is a Private limited company (ApS), founded on , based in Dronninglund. The company is registered in the industry fremstilling af andre færdige metalprodukter i.a.n.. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.6m and a net result of DKK 49k. CEO: Kaj Juel Olesen.

Bankruptcy risk for Maskinfabrikken FREM ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×

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
44896591
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Præstbrovej 41
9330 Dronninglund
Municipality
Brønderslev
Industry
Fremstilling af andre færdige metalprodukter i.a.n. (259900)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 40k
Auditor
RevisorDK, Godkendt Revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio67.7%
Current ratio83%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 349kDKK 140k
Net profitDKK 49kDKK -23k
EquityDKK 1.6mDKK 1.5m
Total assetsDKK 2.3mDKK 2.4m
CashDKK 406k–
Short-term debtDKK 651k–
Tax owedDKK 15k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RevisorDK, Godkendt Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025121
1 Jan 2024 – 31 Dec 2024146

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
CEOKaj Juel OlesenCurrent
Owner (100%)Kaj Juel OlesenCurrent
FounderKaj Juel OlesenCurrent

Address history (0 moves)

Præstbrovej 41, 9330 Dronninglund

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Questions and answers about Maskinfabrikken FREM ApS

Has Maskinfabrikken FREM ApS gone bankrupt?

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

What is the bankruptcy risk of Maskinfabrikken FREM ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Maskinfabrikken FREM ApS?

Kaj Juel Olesen is the CEO of Maskinfabrikken FREM ApS.

Who is the auditor of Maskinfabrikken FREM ApS?

Maskinfabrikken FREM ApS most recently used RevisorDK, Godkendt Revisionsanpartsselskab.

When was Maskinfabrikken FREM ApS founded?

Maskinfabrikken FREM ApS was founded on 13 June 2024.

What is the equity of Maskinfabrikken FREM ApS?

Equity was DKK 1.6m 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.