HE-VA ApS

CVR 89301416 · Private limited company (ApS) · Active · Low risk

HE-VA ApS is a Private limited company (ApS), founded on , based in Nykøbing M. The company is registered in the industry fremstilling af landbrugs- og skovbrugsmaskiner. 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, of which 1 more than six months after the end of the financial year. The latest annual report (31 Oct 2025) shows equity of DKK 303.1m and a net result of DKK 22.9m. CEO: Heine Kirstein Christiansen.

Bankruptcy risk for HE-VA 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 changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
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×

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
89301416
Status
Active
Company type
Private limited company (ApS)
Founded
(46 years)
Address
N. A. Christensens Vej 34
7900 Nykøbing M
Municipality
Morsø
Industry
Fremstilling af landbrugs- og skovbrugsmaskiner (283000)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 3.0m
Employees
129 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 31
Missing annual reportNo
Negative equityNo
Equity ratio90.1%
Current ratio969%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 93.7mDKK 103.1mDKK 104.2m
Net profitDKK 22.9mDKK 25.6mDKK 23.5m
EquityDKK 303.1mDKK 288.2mDKK 266.6m
Total assetsDKK 336.5mDKK 331.2mDKK 314.9m
CashDKK 62.2mDKK 48.4m–
Short-term debtDKK 25.6mDKK 34.5m–
Tax owedDKK 5.5mDKK 4.4m–
Avg. employees120135–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Nov 2024 – 31 Oct 2025181
1 Nov 2023 – 31 Oct 2024181
1 Nov 2022 – 31 Oct 2023182
1 Nov 2021 – 31 Oct 2022182
1 Nov 2020 – 31 Oct 2021151
1 Nov 2019 – 31 Oct 2020151
1 Nov 2018 – 31 Oct 2019152
1 Nov 2017 – 31 Oct 2018152
1 Nov 2016 – 31 Oct 2017154
1 Nov 2015 – 31 Oct 2016147
1 Nov 2014 – 31 Oct 2015157
1 Nov 2013 – 31 Oct 2014199 Late
1 Nov 2012 – 31 Oct 2013151
1 Nov 2011 – 31 Oct 2012168
1 Nov 2010 – 31 Oct 2011161
1 Nov 2009 – 31 Oct 2010151
1 Nov 2008 – 31 Oct 2009165
1 Nov 2007 – 31 Oct 2008152
1 Oct 2006 – 30 Sep 2007155
1 Oct 2005 – 30 Sep 2006156

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
CEOHeine Kirstein ChristiansenCurrent
BoardVilly ChristiansenCurrent
BoardHeine Kirstein ChristiansenCurrent
BoardElly ChristiansenCurrent
Owner (33%)HE-VA HOLDING ApSCurrent
Owner (50%)MASKINFABRIKKEN FOKA ApSCurrent
Owner (50%)HE-VA HOLDING ApS
Owner (33%)MASKINFABRIKKEN FOKA ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorINVESTERINGSSELSKABET AF 26/10 1998. NYKØBING MORS A/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab

The CEOs' other companies

Heine Kirstein Christiansen – 6 other companies, of which 1 bankrupt

Address history (1 moves)

N. A. Christensens Vej 34, 7900 Nykøbing M
N A Christensensvej 11, 7900 Nykøbing M

Former names

HE-VA ApS – now
HE-VA DOUBLET ApS –
HE-VA MASKINFABRIK. NYKØBING MORS ApS –

Employees per year

Number of employees at HE-VA ApS per year651292011: 11720112012: 12520122013: 12620132014: 12320142015: 12520152016: 12120162017: 12920172018: 1292018

Other companies at the same address

Similar companies in Morsø

Questions and answers about HE-VA ApS

Has HE-VA ApS gone bankrupt?

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

What is the bankruptcy risk of HE-VA 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 HE-VA ApS?

Heine Kirstein Christiansen is the CEO of HE-VA ApS.

Who is the auditor of HE-VA ApS?

HE-VA ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was HE-VA ApS founded?

HE-VA ApS was founded on 17 December 1979.

What is the equity of HE-VA ApS?

Equity was DKK 303.1m according to the annual report for the period ending 31 October 2025.

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