P. VAGN MADSEN ApS

CVR 82593012 · Private limited company (ApS) · Active · Low risk

P. VAGN MADSEN ApS is a Private limited company (ApS), founded on , based in Ilulissat. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Mar 2026) shows equity of DKK 5.5m and a net result of DKK -112k. CEO: Kaj Madsen.

Bankruptcy risk for P. VAGN MADSEN 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

Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×

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
82593012
Status
Active
Company type
Private limited company (ApS)
Founded
(49 years)
Address
–
3952 Ilulissat
Municipality
Avannaata
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 350k
Auditor
Toprevi
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio89.9%
Current ratio1,589%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 204kDKK 261kDKK 54k
Net profitDKK -112kDKK -605kDKK -443k
EquityDKK 5.5mDKK 5.6mDKK 6.2m
Total assetsDKK 6.1mDKK 6.8mDKK 7.5m
CashDKK 530kDKK 966k–
Short-term debtDKK 206kDKK 400k–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Toprevi.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026121
1 Apr 2024 – 31 Mar 2025124
1 Apr 2023 – 31 Mar 2024156
1 Apr 2022 – 31 Mar 2023206 Late
1 Apr 2021 – 31 Mar 2022105
1 Apr 2020 – 31 Mar 2021151
1 Apr 2019 – 31 Mar 2020288 Late
1 Apr 2018 – 31 Mar 201982
1 Apr 2017 – 31 Mar 2018184 Late

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
CEOKaj MadsenCurrent
Owner (100%)Kaj MadsenCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorReg. revisor Kjeld Nørgaard
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPETTERSON & CO ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab

The CEOs' other companies

Kaj Madsen – 3 other companies, of which 1 bankrupt

Address history (0 moves)

, 3952 Ilulissat

Similar companies in Avannaata

Questions and answers about P. VAGN MADSEN ApS

Has P. VAGN MADSEN ApS gone bankrupt?

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

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

Kaj Madsen is the CEO of P. VAGN MADSEN ApS.

Who is the auditor of P. VAGN MADSEN ApS?

P. VAGN MADSEN ApS most recently used Toprevi.

When was P. VAGN MADSEN ApS founded?

P. VAGN MADSEN ApS was founded on 16 June 1977.

What is the equity of P. VAGN MADSEN ApS?

Equity was DKK 5.5m according to the annual report for the period ending 31 March 2026.

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