Steamrex Billund ApS

CVR 45624544 · Private limited company (ApS) · Active · High risk

Steamrex Billund ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 4.2% over the next 12 months, which is 3.0 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 12k and a net result of DKK -7,806. CEO: Morten Ib.

Bankruptcy risk for Steamrex Billund ApS

4.2%
probability of bankruptcy within 12 months
High risk

3.0 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Age (years)1 yrs · bankruptcy rate 21.6%2.5×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
45624544
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
c/o Morten Ib, Eskholtvænget 4
7100 Vejle
Municipality
Vejle
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 20k
Auditor
HR REVISION - BARRETT APS
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 1
Missing annual reportNo
Negative equityNo
Equity ratio58.2%
Current ratio239%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies19
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK -8,950
Net profitDKK -7,806
EquityDKK 12k
Total assetsDKK 21k
CashDKK 20k
Short-term debtDKK 8,750
Avg. employees0

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · HR REVISION - BARRETT APS.

Filed annual reports

Reporting periodPublishedDays after period end
21 May 2025 – 31 Dec 2025184 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
CEOMorten IbCurrent
Owner (100%)KSI HOLDING ApSCurrent
FounderKSI HOLDING ApSCurrent

The CEOs' other companies

Morten Ib – 46 other companies, of which 33 bankrupt

Address history (0 moves)

c/o Morten Ib, Eskholtvænget 4, 7100 Vejle

Former names

Steamrex Billund ApS – now
DK4 ApS –

Other companies at the same address

Similar companies in Vejle

Questions and answers about Steamrex Billund ApS

Has Steamrex Billund ApS gone bankrupt?

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

What is the bankruptcy risk of Steamrex Billund ApS?

Our model estimates a bankruptcy risk of 4.2% over the next 12 months (high risk), which is 3.0 times the average for Danish companies.

Who is the CEO of Steamrex Billund ApS?

Morten Ib is the CEO of Steamrex Billund ApS.

Who is the auditor of Steamrex Billund ApS?

Steamrex Billund ApS most recently used HR REVISION - BARRETT APS.

When was Steamrex Billund ApS founded?

Steamrex Billund ApS was founded on 21 May 2025.

What is the equity of Steamrex Billund ApS?

Equity was DKK 12k 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.