FUGE-MADSEN ApS

CVR 70406918 · Private limited company (ApS) · Active · Low risk

FUGE-MADSEN ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry anden bygningsfærdiggørelse. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 May 2025) shows equity of DKK 1.0m and a net result of DKK 458k. CEO: Ole Jensen.

Bankruptcy risk for FUGE-MADSEN ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · 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×

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
70406918
Status
Active
Company type
Private limited company (ApS)
Founded
(43 years)
Address
Tolderlundsvej 99
5000 Odense C
Municipality
Odense
Industry
Anden bygningsfærdiggørelse (433500)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 126k
Employees
11 (2018)
Auditor
Revisorgården i Odense ApS
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 30
Missing annual reportNo
Negative equityNo
Equity ratio21.1%
Current ratio117%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 5.1mDKK 4.2m
Net profitDKK 458kDKK 87k
EquityDKK 1.0mDKK 621k
Total assetsDKK 4.8mDKK 2.8m
CashDKK 398k–
Short-term debtDKK 3.6m–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisorgården i Odense ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jun 2024 – 31 May 2025198 Late
1 Jun 2023 – 31 May 2024210 Late
1 Jun 2022 – 31 May 2023197 Late
1 Jun 2021 – 31 May 2022197 Late
1 Jun 2020 – 31 May 2021168
1 Jun 2019 – 31 May 2020169
1 Jun 2018 – 31 May 2019167
1 Jun 2017 – 31 May 2018147
1 Jun 2016 – 31 May 2017152
1 Jun 2015 – 31 May 2016160
1 Jun 2014 – 31 May 2015141
1 Jun 2013 – 31 May 2014143
1 Jun 2012 – 31 May 2013144
1 Jun 2011 – 31 May 2012137
1 Jun 2010 – 31 May 2011135
1 Jun 2009 – 31 May 2010105
1 Jun 2008 – 31 May 200988
1 Jun 2007 – 31 May 2008150
1 Jun 2006 – 31 May 2007115
1 Jun 2005 – 31 May 2006147

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
CEOOle JensenCurrent
CEOTommy Madsen
CEOErik Karl Pedersen
BoardFinn Østergaard
BoardErik Karl Pedersen
BoardViggo Erik Ladegaard
BoardTommy Madsen
Owner (100%)Olje Holding ApSCurrent
Owner (50%)TOMMY MADSEN HOLDING ApS
Owner (50%)KARL ERIK PEDERSEN HOLDING ApS
AuditorLEO OLSEN & DALGAARD STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorHUNDERUP HOLDING GODKENDT REVISIONSAKTIESELSKAB
AuditorAIDER Godkendt Revisionsaktieselskab
AuditorREVISORGÅRDEN I ODENSE Registrerede Revisorer ApS

The CEOs' other companies

Ole Jensen – 1 other companies

Tommy Madsen – 3 other companies, of which 1 bankrupt

Erik Karl Pedersen – 2 other companies

Address history (2 moves)

Tolderlundsvej 99, 5000 Odense C
Tolderlundsvej 99, 5000 Odense C
Kragsbjergvænget 3, 5000 Odense C

Employees per year

Number of employees at FUGE-MADSEN ApS per year6122011: 1220112012: 1120122013: 1220132014: 1120142015: 1020152016: 920162017: 1120172018: 112018

Other companies at the same address

Similar companies in Odense

Questions and answers about FUGE-MADSEN ApS

Has FUGE-MADSEN ApS gone bankrupt?

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

What is the bankruptcy risk of FUGE-MADSEN ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of FUGE-MADSEN ApS?

Ole Jensen is the CEO of FUGE-MADSEN ApS.

Who is the auditor of FUGE-MADSEN ApS?

FUGE-MADSEN ApS most recently used Revisorgården i Odense ApS.

When was FUGE-MADSEN ApS founded?

FUGE-MADSEN ApS was founded on 22 December 1982.

What is the equity of FUGE-MADSEN ApS?

Equity was DKK 1.0m according to the annual report for the period ending 31 May 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.