Smith-Madsen ApS

CVR 45798909 · Private limited company (ApS) · Active · Medium risk

Smith-Madsen ApS is a Private limited company (ApS), founded on , based in Hinnerup. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 40k and a net result of DKK -375. CEO: Justin Harding Smith-Madsen.

Bankruptcy risk for Smith-Madsen ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
45798909
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Kildeagervej 6
8382 Hinnerup
Municipality
Favrskov
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio64.3%
Current ratio98%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK -375
Net profitDKK -375
EquityDKK 40k
Total assetsDKK 62k
Short-term debtDKK 22k
Avg. employees0

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

Filed annual reports

Reporting periodPublishedDays after period end
11 Aug 2025 – 31 Dec 2025162

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
CEOJustin Harding Smith-MadsenCurrent
Owner (100%)Justin Harding Smith-MadsenCurrent
FounderJustin Harding Smith-MadsenCurrent

The CEOs' other companies

Justin Harding Smith-Madsen – 1 other companies

Address history (0 moves)

Kildeagervej 6, 8382 Hinnerup

Other companies at the same address

Similar companies in Favrskov

Questions and answers about Smith-Madsen ApS

Has Smith-Madsen ApS gone bankrupt?

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

What is the bankruptcy risk of Smith-Madsen ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Smith-Madsen ApS?

Justin Harding Smith-Madsen is the CEO of Smith-Madsen ApS.

When was Smith-Madsen ApS founded?

Smith-Madsen ApS was founded on 11 August 2025.

What is the equity of Smith-Madsen ApS?

Equity was DKK 40k 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.