SPAREX LIMITED ApS

CVR 66482715 · Private limited company (ApS) · Active · Low risk

SPAREX LIMITED ApS is a Private limited company (ApS), founded on , based in Støvring. The company is registered in the industry engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. 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 2.5m and a net result of DKK 1.1m. CEO: Mark Anthony Doggrell.

Bankruptcy risk for SPAREX LIMITED ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
66482715
Status
Active
Company type
Private limited company (ApS)
Founded
(46 years)
Address
Østre Alle 6
9530 Støvring
Municipality
Rebild
Industry
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil (466100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 200k
Employees
5 (2018)
Auditor
KPMG P/S
Audit opted out
No

Warning signs

Annual reports filed late1 of 30
Missing annual reportNo
Negative equityNo
Equity ratio42.3%
Current ratio173%
Moves (last 2 years)1
CEO changes in total13
CEO's previous bankruptcies0
Other companies at the address123
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.1mDKK 2.7m
Net profitDKK 1.1mDKK 25k
EquityDKK 2.5mDKK 825k
Total assetsDKK 6.0mDKK 3.5m
CashDKK 3.9m–
Short-term debtDKK 3.4m–
Tax owedDKK 317k–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · KPMG P/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025184 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020162
1 Jan 2019 – 31 Dec 2019163
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 2017164
1 Jan 2016 – 31 Dec 2016137
1 Jan 2015 – 31 Dec 2015167
1 Jan 2014 – 31 Dec 2014176
1 Jan 2013 – 31 Dec 2013135
1 Jan 2012 – 31 Dec 2012176
1 Jan 2011 – 31 Dec 2011170
1 Jan 2010 – 31 Dec 2010171
1 Jan 2009 – 31 Dec 2009137
1 Jan 2008 – 31 Dec 200896
1 Jan 2007 – 31 Dec 2007143
1 Jan 2006 – 31 Dec 2006151

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
CEOMark Anthony DoggrellCurrent
CEOKarl-Ove Markvardsen
CEORobin Norman Chew
CEOBrian Veje
CEOAlain Bernard Pinvidic
CEOJørgen Haahr Sørensen
CEOAlain Bernard Pinvidic
CEOMads Hove Vangsgaard
CEOAlain Bernard Pinvidic
CEOMichael Pavar
BoardAlain Bernard PinvidicCurrent
BoardMark Anthony DoggrellCurrent
BoardDavid James DelaneyCurrent
BoardChristopher Howard Kempton
BoardHoward Sinclair Trapnell
BoardRobin Norman Chew
BoardTheunis Stortenbeker
BoardRoger George Willmot
BoardMarianne Rosalin Jones
BoardStephen Brian Potter
BoardPierre Nadeau
BoardSebastiaan Petrus Johannes Mulder
Owner (100%)Sparex LimitedCurrent
AuditorKPMG P/SCurrent
AuditorOve Holbæk
AuditorMVN revision
AuditorStatsaut. revisor Arne Pedersen
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorKPMG P/S

The CEOs' other companies

Jørgen Haahr Sørensen – 1 other companies, of which 1 bankrupt

Michael Pavar – 1 other companies

Address history (4 moves)

Østre Alle 6, 9530 Støvring
Messevej 1, 9600 Aars
Søndergården 12, 9640 Farsø
Søndergården 12, 9640 Farsø
Savværksvej 32, 5620 Glamsbjerg

Employees per year

Number of employees at SPAREX LIMITED ApS per year362011: 520112012: 520122013: 520132014: 520142015: 520152016: 620162017: 520172018: 52018

Other companies at the same address

Similar companies in Rebild

Questions and answers about SPAREX LIMITED ApS

Has SPAREX LIMITED ApS gone bankrupt?

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

What is the bankruptcy risk of SPAREX LIMITED ApS?

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 SPAREX LIMITED ApS?

Mark Anthony Doggrell is the CEO of SPAREX LIMITED ApS.

Who is the auditor of SPAREX LIMITED ApS?

SPAREX LIMITED ApS most recently used KPMG P/S.

When was SPAREX LIMITED ApS founded?

SPAREX LIMITED ApS was founded on 10 October 1980.

What is the equity of SPAREX LIMITED ApS?

Equity was DKK 2.5m 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.