MEDEMA A/S

CVR 51892712 · Public limited company (A/S) · Active · Low risk

MEDEMA A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry fremstilling af cykler og kørestole. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 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 26.6m and a net result of DKK 1.5m. CEO: Klaus Smedegaard.

Bankruptcy risk for MEDEMA A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
51892712
Status
Active
Company type
Public limited company (A/S)
Founded
(51 years)
Address
Enggårdvej 7
7400 Herning
Municipality
Herning
Industry
Fremstilling af cykler og kørestole (309200)
Bankruptcies in the industry: Fremstilling af cykler og invalidekøretøjer
Share capital
DKK 19.0m
Employees
39 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 30
Missing annual reportNo
Negative equityNo
Equity ratio50.3%
Current ratio207%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 20.1mDKK 32.4mDKK 30.2m
Net profitDKK 1.5mDKK 5.6mDKK 3.7m
EquityDKK 26.6mDKK 25.2mDKK 19.6m
Total assetsDKK 52.9mDKK 50.2mDKK 56.0m
Short-term debtDKK 23.5mDKK 22.3m–
Avg. employees3235–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024157
1 Jan 2023 – 31 Dec 2023163
1 Jan 2022 – 31 Dec 2022170
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019169
1 Jan 2018 – 31 Dec 2018163
1 Jan 2017 – 31 Dec 2017166
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015173
1 Jan 2014 – 31 Dec 2014159
1 Jan 2013 – 31 Dec 2013170
1 Jan 2012 – 31 Dec 2012165
1 Jan 2011 – 31 Dec 2011161
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 200988
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007140
1 Jan 2006 – 31 Dec 2006114

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
CEOKlaus SmedegaardCurrent
CEOHenrik Sigurd Breum
CEOFinn Rindom Dose
BoardGlenn Othar RistCurrent
BoardKlaus SmedegaardCurrent
BoardBrage Othar RistCurrent
BoardBjarne Strikert
BoardMaiken Agnete Breum
BoardJohannes Breum
BoardHenrik Sigurd Breum
BoardFinn Kongsmark Flanding
BoardSverre Christoffersen
BoardJäck Ulrich Rist
BoardPaul Helge Løvdal
BoardJan Wium-Andersen
BoardOle Damgaard
BoardSveinung Flaaten Andersen
BoardFinn Rindom Dose
BoardKari Tvete Solvang
BoardGunnar Kristian Høie
Owner (100%)Medema-gruppen ASCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorSR. STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab

The CEOs' other companies

Henrik Sigurd Breum – 2 other companies, of which 1 bankrupt

Finn Rindom Dose – 1 other companies

Address history (2 moves)

Enggårdvej 7, 7400 Herning
Enggaardsvej 7, 7400 Herning
Abildgårdvej 1, 6920 Videbæk

Former names

MEDEMA A/S – now
MEDEMA PRODUCTION A/S –
MINI CROSSER A/S –
HEISTEEL DK AF 1980 ApS –

Employees per year

Number of employees at MEDEMA A/S per year20392011: 3520112012: 3120122013: 2820132014: 3920142015: 3720152016: 3920162017: 3820172018: 392018

Other companies at the same address

Similar companies in Herning

Questions and answers about MEDEMA A/S

Has MEDEMA A/S gone bankrupt?

No, MEDEMA A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MEDEMA A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of MEDEMA A/S?

Klaus Smedegaard is the CEO of MEDEMA A/S.

Who is the auditor of MEDEMA A/S?

MEDEMA A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MEDEMA A/S founded?

MEDEMA A/S was founded on 8 August 1975.

What is the equity of MEDEMA A/S?

Equity was DKK 26.6m 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.