DANKVIC ApS

CVR 76175616 · Private limited company (ApS) · Active · Low risk

DANKVIC ApS is a Private limited company (ApS), founded on , based in Egtved. The company is registered in the industry engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 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 Dec 2025) shows equity of DKK -1.4m and a net result of DKK -114k. CEO: Kresten Udbye.

Bankruptcy risk for DANKVIC ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
76175616
Status
Active
Company type
Private limited company (ApS)
Founded
(41 years)
Address
c/o Kresten Udbye, Hesselballevej 44
6040 Egtved
Municipality
Vejle
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
1 (2008)
Audit opted out
No

Warning signs

Annual reports filed late12 of 31
Missing annual reportNo
Negative equityYes
Equity ratio-94.4%
Current ratio51%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -66kDKK 138kDKK 20k
Net profitDKK -114kDKK 70kDKK -31k
EquityDKK -1.4mDKK -1.3mDKK -1.3m
Total assetsDKK 1.5mDKK 1.4mDKK 1.4m
CashDKK 19kDKK 4,943–
Short-term debtDKK 2.8mDKK 2.7m–
Tax owed–DKK 22k–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021194 Late
1 Jan 2020 – 31 Dec 2020194 Late
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018142
1 Jan 2017 – 31 Dec 2017149
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013168
1 Jan 2012 – 31 Dec 2012178
1 Jan 2011 – 31 Dec 2011169
1 Jan 2010 – 31 Dec 2010180
1 Jan 2009 – 31 Dec 2009188 Late
1 Jan 2008 – 31 Dec 2008181
1 Jan 2007 – 31 Dec 2007172
1 Jan 2006 – 31 Dec 2006178

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
CEOKresten UdbyeCurrent
CEOMarianne Birgitte Hansen
Owner (100%)Kresten UdbyeCurrent
AuditorBent Jensen
AuditorFRIIS, EBSEN & GRAUNGAARD, REGISTRERET REVISIONSANPARTSSELSKAB
AuditorKristian Rikardt Bendixen
AuditorHUNDERUP HOLDING GODKENDT REVISIONSAKTIESELSKAB

Address history (1 moves)

c/o Kresten Udbye, Hesselballevej 44, 6040 Egtved
c/o Kresten Udbye & Marianne Hansen, Hesselballevej 44, 6040 Egtved

Employees per year

Number of employees at DANKVIC ApS per year111997: 119971998: 119981999: 019992000: 020002001: 020012002: 020022003: 020032008: 12008

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Questions and answers about DANKVIC ApS

Has DANKVIC ApS gone bankrupt?

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

What is the bankruptcy risk of DANKVIC ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of DANKVIC ApS?

Kresten Udbye is the CEO of DANKVIC ApS.

When was DANKVIC ApS founded?

DANKVIC ApS was founded on 19 September 1985.

What is the equity of DANKVIC ApS?

Equity was DKK -1.4m 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.