L. ØSTERGAARDS MASKINFABRIK A/S

CVR 85423312 · Public limited company (A/S) · Active · Low risk

L. ØSTERGAARDS MASKINFABRIK A/S is a Public limited company (A/S), founded on , based in Fredericia. The company is registered in the industry maskinforarbejdning af metal. 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 (31 Dec 2025) shows equity of DKK 4.3m and a net result of DKK 722k. CEO: Kjeld Grundtvorm Østergaard.

Bankruptcy risk for L. ØSTERGAARDS MASKINFABRIK A/S

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

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · 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
85423312
Status
Active
Company type
Public limited company (A/S)
Founded
(47 years)
Address
Smedevænget 12A
7000 Fredericia
Municipality
Fredericia
Industry
Maskinforarbejdning af metal (255300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 500k
Employees
17 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio74.0%
Current ratio428%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 7.1mDKK 6.6mDKK 8.3m
Net profitDKK 722kDKK -69kDKK 980k
EquityDKK 4.3mDKK 3.6mDKK 4.6m
Total assetsDKK 5.8mDKK 5.3mDKK 7.7m
CashDKK 1.1mDKK 922k–
Short-term debtDKK 1.1mDKK 1.3m–
Tax owedDKK 188kDKK 93k–
Avg. employees1213–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202576
1 Jan 2024 – 31 Dec 2024113
1 Jan 2023 – 31 Dec 202352
1 Jan 2022 – 31 Dec 202286
1 Jan 2021 – 31 Dec 202190
1 Jan 2020 – 31 Dec 202097
1 Jan 2019 – 31 Dec 2019135
1 Jan 2018 – 31 Dec 2018122
1 Jan 2017 – 31 Dec 201780
1 Jan 2016 – 31 Dec 201660
1 Jan 2015 – 31 Dec 2015146
1 Jan 2014 – 31 Dec 2014154
1 Jan 2013 – 31 Dec 2013170
1 Jan 2012 – 31 Dec 2012154
1 Jan 2011 – 31 Dec 2011163
1 Jan 2010 – 31 Dec 2010157
1 Jan 2009 – 31 Dec 2009123
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007129
1 Jan 2006 – 31 Dec 2006120

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
CEOKjeld Grundtvorm ØstergaardCurrent
CEOPeter Østergaard
CEOLaurits Østergaard
BoardKjeld Grundtvorm ØstergaardCurrent
BoardPer HansenCurrent
BoardHelle ØstergaardCurrent
BoardPeter Østergaard
BoardLaurits Østergaard
BoardUlla Edith Østergaard
BoardLis Grundtvorm Østergaard
BoardLars Overgaard Pedersen
BoardHelle Østergaard
BoardTonny Vangsgaard Gravesen
BoardHelle Østergaard
BoardJesper Engsig Christensen
Owner (90%)KØSTER HOLDING ApSCurrent
Owner (10%)BAMF Holding ApSCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorBendt Stendahl
AuditorVRR AF 31.12.1995 ApS
AuditorJTH REVISION ApS
AuditorVejle Revision og Rådgivning
AuditorMARTINSEN, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab

The CEOs' other companies

Kjeld Grundtvorm Østergaard – 2 other companies

Peter Østergaard – 2 other companies

Address history (1 moves)

Smedevænget 12A, 7000 Fredericia
Smedevænget 12, 7000 Fredericia

Employees per year

Number of employees at L. ØSTERGAARDS MASKINFABRIK A/S per year11212011: 1620112012: 2120122013: 2120132014: 1520142015: 1420152016: 1420162017: 1620172018: 172018

Other companies at the same address

Similar companies in Fredericia

Questions and answers about L. ØSTERGAARDS MASKINFABRIK A/S

Has L. ØSTERGAARDS MASKINFABRIK A/S gone bankrupt?

No, L. ØSTERGAARDS MASKINFABRIK A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of L. ØSTERGAARDS MASKINFABRIK A/S?

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 L. ØSTERGAARDS MASKINFABRIK A/S?

Kjeld Grundtvorm Østergaard is the CEO of L. ØSTERGAARDS MASKINFABRIK A/S.

Who is the auditor of L. ØSTERGAARDS MASKINFABRIK A/S?

L. ØSTERGAARDS MASKINFABRIK A/S most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was L. ØSTERGAARDS MASKINFABRIK A/S founded?

L. ØSTERGAARDS MASKINFABRIK A/S was founded on 21 December 1978.

What is the equity of L. ØSTERGAARDS MASKINFABRIK A/S?

Equity was DKK 4.3m 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.