JM VARDE ApS

CVR 89763819 · Private limited company (ApS) · Active · Low risk

JM VARDE ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry engroshandel med cykler, sportsartikler og lystbåde. 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 4.1m and a net result of DKK 126k. CEO: Jens Astrup Madsen.

Bankruptcy risk for JM VARDE 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

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
89763819
Status
Active
Company type
Private limited company (ApS)
Founded
(47 years)
Address
Nikolaikirkestræde 13
6800 Varde
Municipality
Varde
Industry
Engroshandel med cykler, sportsartikler og lystbåde (464910)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 200k
Employees
0 (1998)
Auditor
Martinsen, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio99.5%
Current ratio11,969%
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 year20252024
Gross profitDKK -58kDKK -31k
Net profitDKK 126kDKK 88k
EquityDKK 4.1mDKK 4.0m
Total assetsDKK 4.1mDKK 4.0m
CashDKK 2.4m–
Short-term debtDKK 21k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202528
1 Oct 2023 – 30 Sep 202445
1 Oct 2022 – 30 Sep 202365
1 Oct 2021 – 30 Sep 202255
1 Oct 2020 – 30 Sep 202141
1 Oct 2019 – 30 Sep 202058
1 Oct 2018 – 30 Sep 201951
1 Oct 2017 – 30 Sep 201824
1 Oct 2016 – 30 Sep 201762
1 Oct 2015 – 30 Sep 201666
1 Oct 2014 – 30 Sep 201551
1 Oct 2013 – 30 Sep 201476
1 Oct 2012 – 30 Sep 2013118
1 Oct 2011 – 30 Sep 201296
1 Oct 2010 – 30 Sep 201183
1 Oct 2009 – 30 Sep 201040
1 Oct 2008 – 30 Sep 200962
1 Oct 2007 – 30 Sep 2008139
1 Oct 2006 – 30 Sep 200780
1 Oct 2005 – 30 Sep 200673

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
CEOJens Astrup MadsenCurrent
Owner (100%)Jens Astrup MadsenCurrent
AuditorOle Schmidt
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Jens Astrup Madsen – 46 other companies

Address history (3 moves)

Nikolaikirkestræde 13, 6800 Varde
Rosenvænget 53, 6800 Varde
Ortenvej 80, 6800 Varde
Tømrervej 3C, 6800 Varde

Former names

JM VARDE ApS – now
INTERSURF VARDE ApS –

Employees per year

Number of employees at JM VARDE ApS per year111997: 119971998: 01998

Similar companies in Varde

Questions and answers about JM VARDE ApS

Has JM VARDE ApS gone bankrupt?

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

What is the bankruptcy risk of JM VARDE 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 JM VARDE ApS?

Jens Astrup Madsen is the CEO of JM VARDE ApS.

Who is the auditor of JM VARDE ApS?

JM VARDE ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.

When was JM VARDE ApS founded?

JM VARDE ApS was founded on 1 August 1979.

What is the equity of JM VARDE ApS?

Equity was DKK 4.1m 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.