MIDGAARD EVENT ApS

CVR 10105455 · Private limited company (ApS) · Active · Medium risk

MIDGAARD EVENT ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry drift af andre forlystelser og fritidsaktiviteter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 Dec 2025) shows equity of DKK 144k and a net result of DKK -1.1m. CEO: Kristian Belling Worm.

Bankruptcy risk for MIDGAARD EVENT ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
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

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
10105455
Status
Active
Company type
Private limited company (ApS)
Founded
(23 years)
Address
Aldersrogade 6A, st.
2100 København Ø
Municipality
København
Industry
Drift af andre forlystelser og fritidsaktiviteter (932990)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 125k
Employees
42 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 23
Missing annual reportNo
Negative equityNo
Equity ratio9.3%
Current ratio73%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address61
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 4.7mDKK 4.4mDKK 6.9m
Net profitDKK -1.1mDKK -1.4mDKK 713k
EquityDKK 144kDKK -1.0mDKK 1.4m
Total assetsDKK 1.6mDKK 1.7mDKK 3.6m
CashDKK 339kDKK 259k–
Short-term debtDKK 1.4mDKK 2.7m–
Avg. employees89–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020165
1 Jan 2019 – 31 Dec 2019174
1 Jan 2018 – 31 Dec 2018168
1 Jan 2017 – 31 Dec 2017163
1 Jan 2016 – 31 Dec 2016160
1 Jan 2015 – 31 Dec 2015168
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013178
1 Jan 2012 – 31 Dec 2012160
1 Jan 2011 – 31 Dec 2011110
1 Jan 2010 – 31 Dec 2010157
1 Jan 2009 – 31 Dec 200973
1 Jan 2008 – 31 Dec 2008139
1 Jan 2007 – 31 Dec 2007148
1 Jan 2006 – 31 Dec 2006176

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
CEOKristian Belling WormCurrent
Owner (100%)K WORM HOLDING ApSCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorTranekær
AuditorRL KØBENHAVN A/S
AuditorREVISIONSFIRMAET ZINNSGADE 7 ApS
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderANPARTSSELSKABET STAKEMANNCurrent

The CEOs' other companies

Kristian Belling Worm – 2 other companies

Address history (4 moves)

Aldersrogade 6A, st., 2100 København Ø
Mågevej 15, st. tv, 2400 København NV
c/o Kristian Worm, Harsdorffsvej 1B, 3. th, 1874 Frederiksberg C
c/o Kristian Worm, Hørdumsgade 81, 1. mf, 2450 København SV
Kronprinsessegade 18, 1306 København K

Former names

MIDGAARD EVENT ApS – now
ApS KBUS 38 NR. 5276 –

Employees per year

Number of employees at MIDGAARD EVENT ApS per year22442011: 1820112012: 4120122013: 3020132014: 2120142015: 2320152016: 4420162017: 3520172018: 422018

Other companies at the same address

Similar companies in København

Questions and answers about MIDGAARD EVENT ApS

Has MIDGAARD EVENT ApS gone bankrupt?

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

What is the bankruptcy risk of MIDGAARD EVENT ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of MIDGAARD EVENT ApS?

Kristian Belling Worm is the CEO of MIDGAARD EVENT ApS.

Who is the auditor of MIDGAARD EVENT ApS?

MIDGAARD EVENT ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was MIDGAARD EVENT ApS founded?

MIDGAARD EVENT ApS was founded on 1 January 2003.

What is the equity of MIDGAARD EVENT ApS?

Equity was DKK 144k 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.