MICHAEL GERTSEN FINANS ApS

CVR 20867280 · Private limited company (ApS) · Active · Low risk

MICHAEL GERTSEN FINANS ApS is a Private limited company (ApS), founded on , based in Thorsø. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.1% 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 Jun 2025) shows equity of DKK 16.0m and a net result of DKK 650k. CEO: Michael Gertsen.

Bankruptcy risk for MICHAEL GERTSEN FINANS ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late2 · bankruptcy rate 10.4%1.2×

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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
20867280
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Søndergade 1
8881 Thorsø
Municipality
Favrskov
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 140k
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 27
Missing annual reportNo
Negative equityNo
Equity ratio81.2%
Current ratio259%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 482kDKK 1.1m
Net profitDKK 650kDKK 1.2m
EquityDKK 16.0mDKK 15.9m
Total assetsDKK 19.6mDKK 17.8m
CashDKK 0–
Short-term debtDKK 1.5m–
Tax owedDKK 109k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025101
1 Jul 2023 – 30 Jun 2024138
1 Jul 2022 – 30 Jun 2023108
1 Jul 2021 – 30 Jun 2022134
1 Jul 2020 – 30 Jun 2021161
1 Jul 2019 – 30 Jun 2020160
1 Jul 2018 – 30 Jun 2019129
1 Jul 2017 – 30 Jun 2018149
1 Jul 2016 – 30 Jun 2017152
1 Jul 2015 – 30 Jun 201699
1 Jul 2014 – 30 Jun 2015101
1 Jul 2013 – 30 Jun 2014113
1 Jul 2012 – 30 Jun 2013135
1 Jul 2011 – 30 Jun 2012139
1 Jul 2010 – 30 Jun 2011111
1 Jul 2009 – 30 Jun 2010132
1 Jul 2008 – 30 Jun 2009118
1 Jul 2007 – 30 Jun 2008133
1 Jul 2006 – 30 Jun 2007145
1 Jul 2005 – 30 Jun 2006114

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 GertsenCurrent
CEOLars Norgren Kopp
CEOLaurits Nielsen
Owner (100%)Michael GertsenCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorAKTIESELSKABET AF 10.01.2000
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorKPMG C JESPERSEN I/S
AuditorEY Godkendt Revisionspartnerselskab
Auditor18. juni 2024 P/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
Auditor18. juni 2024 P/S
FounderALKMNWA AF 15.10.2008 A/SCurrent

The CEOs' other companies

Michael Gertsen – 3 other companies

Lars Norgren Kopp – 60 other companies, of which 57 bankrupt

Laurits Nielsen – 58 other companies, of which 47 bankrupt

Address history (5 moves)

Søndergade 1, 8881 Thorsø
Søndergade 1A, 8881 Thorsø
Møllevænget 16, 8881 Thorsø
Tungelund Bakker 25, 8881 Thorsø
Tungelund Bakker 25, 8881 Thorsø
Marsvej 29, 8881 Thorsø

Former names

MICHAEL GERTSEN FINANS ApS – now
SALKMN 184 ApS –

Other companies at the same address

Similar companies in Favrskov

Questions and answers about MICHAEL GERTSEN FINANS ApS

Has MICHAEL GERTSEN FINANS ApS gone bankrupt?

No, MICHAEL GERTSEN FINANS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MICHAEL GERTSEN FINANS ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of MICHAEL GERTSEN FINANS ApS?

Michael Gertsen is the CEO of MICHAEL GERTSEN FINANS ApS.

Who is the auditor of MICHAEL GERTSEN FINANS ApS?

MICHAEL GERTSEN FINANS ApS most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was MICHAEL GERTSEN FINANS ApS founded?

MICHAEL GERTSEN FINANS ApS was founded on 1 February 1998.

What is the equity of MICHAEL GERTSEN FINANS ApS?

Equity was DKK 16.0m according to the annual report for the period ending 30 June 2025.

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