VAGN MADSEN ApS

CVR 82035028 · Private limited company (ApS) · Active · Low risk

VAGN MADSEN ApS is a Private limited company (ApS), founded on , based in Hvide Sande. The company is registered in the industry detailhandel med møbler. 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. The latest annual report (30 Sep 2025) shows equity of DKK 11.9m and a net result of DKK 890k. CEO: Karsten Nygaard Madsen.

Bankruptcy risk for VAGN MADSEN ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's other companies0 · bankruptcy rate 10.9%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×

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
82035028
Status
Active
Company type
Private limited company (ApS)
Founded
(49 years)
Address
Parallelvej 78
6960 Hvide Sande
Municipality
Ringkøbing-Skjern
Industry
Detailhandel med møbler (475510)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 125k
Employees
5 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 30
Missing annual reportNo
Negative equityNo
Equity ratio92.2%
Current ratio1,037%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.4mDKK 3.6m
Net profitDKK 890kDKK 1.2m
EquityDKK 11.9mDKK 11.2m
Total assetsDKK 12.9mDKK 12.1m
CashDKK 7.1m–
Short-term debtDKK 972k–
Tax owedDKK 71k–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025102
1 Oct 2023 – 30 Sep 2024101
1 Oct 2022 – 30 Sep 2023104
1 Oct 2021 – 30 Sep 2022104
1 Oct 2020 – 30 Sep 2021123
1 Oct 2019 – 30 Sep 2020148
1 Oct 2018 – 30 Sep 2019118
1 Oct 2017 – 30 Sep 2018143
1 Oct 2016 – 30 Sep 2017121
1 Oct 2015 – 30 Sep 201695
1 Oct 2014 – 30 Sep 2015113
1 Oct 2013 – 30 Sep 2014156
1 Oct 2012 – 30 Sep 2013141
1 Oct 2011 – 30 Sep 2012155
1 Oct 2010 – 30 Sep 2011137
1 Oct 2009 – 30 Sep 2010157
1 Oct 2008 – 30 Sep 2009159
1 Oct 2007 – 30 Sep 2008153
1 Oct 2006 – 30 Sep 2007143
1 Oct 2005 – 30 Sep 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
CEOKarsten Nygaard MadsenCurrent
CEOLene Madsen
CEOVagn Madsen
CEOMichael Nygaard Madsen
Owner (100%)Karsten Nygaard MadsenCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorJes Jesper Clausen
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Vagn Madsen – 1 other companies

Address history (1 moves)

Parallelvej 78, 6960 Hvide Sande
Parallelvej 78, 6960 Hvide Sande

Employees per year

Number of employees at VAGN MADSEN ApS per year362011: 320112012: 420122013: 620132014: 620142015: 620152016: 420162017: 520172018: 52018

Similar companies in Ringkøbing-Skjern

Questions and answers about VAGN MADSEN ApS

Has VAGN MADSEN ApS gone bankrupt?

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

What is the bankruptcy risk of VAGN MADSEN 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 VAGN MADSEN ApS?

Karsten Nygaard Madsen is the CEO of VAGN MADSEN ApS.

Who is the auditor of VAGN MADSEN ApS?

VAGN MADSEN ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was VAGN MADSEN ApS founded?

VAGN MADSEN ApS was founded on 28 June 1977.

What is the equity of VAGN MADSEN ApS?

Equity was DKK 11.9m according to the annual report for the period ending 30 September 2025.

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