CornSep ApS

CVR 45066525 · Private limited company (ApS) · Active · Very high risk

CornSep ApS is a Private limited company (ApS), founded on , based in Hjørring. The company is registered in the industry fremstilling af landbrugs- og skovbrugsmaskiner. Our model estimates a bankruptcy risk of 12.9% over the next 12 months, which is 9.2 times the average for Danish companies. 1 annual report has 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 -53k and a net result of DKK -93k. CEO: Marthin Bundgaard.

Bankruptcy risk for CornSep ApS

12.9%
probability of bankruptcy within 12 months
Very high risk

9.2 × the average (1.41%) · higher risk than 98% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports1 · bankruptcy rate 18.7%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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×

Reduces the risk

Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
CEO's other companies1 · bankruptcy rate 7.3%0.83×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×
Other companies at the same address1 · bankruptcy rate 7.6%0.86×

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
45066525
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Troldnæsvej 142
9800 Hjørring
Municipality
Hjørring
Industry
Fremstilling af landbrugs- og skovbrugsmaskiner (283000)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 1
Missing annual reportNo
Negative equityYes
Equity ratio-49.6%
Current ratio67%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year2025
Gross profitDKK -76k
Net profitDKK -93k
EquityDKK -53k
Total assetsDKK 106k
CashDKK 17k
Short-term debtDKK 159k
Avg. employees0

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

Filed annual reports

Reporting periodPublishedDays after period end
9 Sep 2024 – 31 Dec 2025215 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
CEOMarthin BundgaardCurrent
Owner (100%)Maias Holding ApSCurrent
FounderMaias Holding ApSCurrent

The CEOs' other companies

Marthin Bundgaard – 1 other companies

Address history (0 moves)

Troldnæsvej 142, 9800 Hjørring

Other companies at the same address

Similar companies in Hjørring

Questions and answers about CornSep ApS

Has CornSep ApS gone bankrupt?

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

What is the bankruptcy risk of CornSep ApS?

Our model estimates a bankruptcy risk of 12.9% over the next 12 months (very high risk), which is 9.2 times the average for Danish companies.

Who is the CEO of CornSep ApS?

Marthin Bundgaard is the CEO of CornSep ApS.

When was CornSep ApS founded?

CornSep ApS was founded on 9 September 2024.

What is the equity of CornSep 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.