MICHAEL RASMUSSEN A/S

CVR 12996144 · Public limited company (A/S) · Active · Low risk

MICHAEL RASMUSSEN A/S is a Public limited company (A/S), founded on , based in Odense SV. The company is registered in the industry murerarbejde. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published, of which 7 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -225k and a net result of DKK 200k. CEO: Michael Holm Rasmussen.

Bankruptcy risk for MICHAEL RASMUSSEN A/S

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · 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×

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
12996144
Status
Active
Company type
Public limited company (A/S)
Founded
(37 years)
Address
Planteskolevej 11
5250 Odense SV
Municipality
Odense
Industry
Murerarbejde (439100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
5 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late15 of 30
Missing annual reportNo
Negative equityYes
Equity ratio-13.6%
Current ratio97%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 3.1mDKK 2.1m
Net profitDKK 200kDKK -311k
EquityDKK -225kDKK -425k
Total assetsDKK 1.7mDKK 2.1m
CashDKK 10–
Short-term debtDKK 1.5m–
Avg. employees6–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025216 Late
1 Oct 2023 – 30 Sep 2024212 Late
1 Oct 2022 – 30 Sep 2023213 Late
1 Oct 2021 – 30 Sep 2022193 Late
1 Oct 2020 – 30 Sep 2021175
1 Oct 2019 – 30 Sep 2020176
1 Oct 2018 – 30 Sep 2019183
1 Oct 2017 – 30 Sep 2018164
1 Oct 2016 – 30 Sep 201782
1 Oct 2015 – 30 Sep 2016109
1 Oct 2014 – 30 Sep 2015182
1 Oct 2013 – 30 Sep 2014181
1 Oct 2012 – 30 Sep 2013185 Late
1 Oct 2011 – 30 Sep 2012194 Late
1 Oct 2010 – 30 Sep 2011192 Late
1 Oct 2009 – 30 Sep 2010182
1 Oct 2008 – 30 Sep 2009167
1 Oct 2007 – 30 Sep 2008168
1 Oct 2006 – 30 Sep 2007182
1 Oct 2005 – 30 Sep 2006173

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
CEOMichael Holm RasmussenCurrent
BoardMichael Holm RasmussenCurrent
BoardHelle Lunde RasmussenCurrent
BoardSøren Lunde RasmussenCurrent
BoardGerner Arne Enkebølle Rasmussen
BoardInger Lise Nielsen
BoardOle Andersen
BoardJesper Lunde Rasmussen
Owner (100%)HOLM HOLDING ApSCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorRØNNELYGÅRD A/S
AuditorSR, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorJKPT ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMichael Holm RasmussenCurrent

The CEOs' other companies

Michael Holm Rasmussen – 1 other companies

Address history (1 moves)

Planteskolevej 11, 5250 Odense SV
Planteskolevej 11, 5250 Odense SV

Former names

MICHAEL RASMUSSEN A/S – now
A. RASMUSSEN & SØN ApS –

Employees per year

Number of employees at MICHAEL RASMUSSEN A/S per year6122011: 1220112012: 620122013: 820132014: 520142015: 1020152016: 920162017: 820172018: 52018

Other companies at the same address

Similar companies in Odense

Questions and answers about MICHAEL RASMUSSEN A/S

Has MICHAEL RASMUSSEN A/S gone bankrupt?

No, MICHAEL RASMUSSEN A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MICHAEL RASMUSSEN A/S?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of MICHAEL RASMUSSEN A/S?

Michael Holm Rasmussen is the CEO of MICHAEL RASMUSSEN A/S.

Who is the auditor of MICHAEL RASMUSSEN A/S?

MICHAEL RASMUSSEN A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was MICHAEL RASMUSSEN A/S founded?

MICHAEL RASMUSSEN A/S was founded on 1 May 1989.

What is the equity of MICHAEL RASMUSSEN A/S?

Equity was DKK -225k 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.