A/S MICHELSEN & RASMUSSEN

CVR 21100803 · Public limited company (A/S) · Active · Low risk

A/S MICHELSEN & RASMUSSEN is a Public limited company (A/S), founded on , based in København S. The company is registered in the industry engroshandel med fodtøj. 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 (31 Dec 2025) shows equity of DKK 1.8m and a net result of DKK 101k. CEO: Lars Martin Michelsen.

Bankruptcy risk for A/S MICHELSEN & RASMUSSEN

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
21100803
Status
Active
Company type
Public limited company (A/S)
Founded
(28 years)
Address
c/o Bella Center Ciff Showrooms B4-101, Center Boulevard 5
2300 København S
Municipality
København
Industry
Engroshandel med fodtøj (464220)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
4 (2018)
Auditor
Din Revisor Lyngby A/S Godkendte Revisorer
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 28
Missing annual reportNo
Negative equityNo
Equity ratio83.0%
Current ratio564%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address230
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.5mDKK 1.5m
Net profitDKK 101kDKK 141k
EquityDKK 1.8mDKK 1.7m
Total assetsDKK 2.1mDKK 2.0m
CashDKK 1.2m–
Short-term debtDKK 361k–
Tax owedDKK 55k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Din Revisor Lyngby A/S Godkendte Revisorer.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202590
1 Jan 2024 – 31 Dec 2024129
1 Jan 2023 – 31 Dec 202350
1 Jan 2022 – 31 Dec 202254
1 Jan 2021 – 31 Dec 202174
1 Jan 2020 – 31 Dec 202063
1 Jan 2019 – 31 Dec 201951
1 Jan 2018 – 31 Dec 201878
1 Jan 2017 – 31 Dec 201760
1 Jan 2016 – 31 Dec 201641
1 Jan 2015 – 31 Dec 201564
1 Jan 2014 – 31 Dec 201484
1 Jan 2013 – 31 Dec 2013119
1 Jan 2012 – 31 Dec 201277
1 Jan 2011 – 31 Dec 201175
1 Jan 2010 – 31 Dec 201072
1 Jan 2009 – 31 Dec 2009126
1 Jan 2008 – 31 Dec 200871
1 Jan 2007 – 31 Dec 200756
1 Jan 2006 – 31 Dec 200657

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
CEOLars Martin MichelsenCurrent
CEOJørgen Michelsen
BoardNiels Ulrik HeineCurrent
BoardLars Martin MichelsenCurrent
BoardHelene EgholmCurrent
BoardJørgen Michelsen
BoardHenrik Oksholm
Owner (100%)LM HOLDING KØBENHAVN ApSCurrent
AuditorIver Hansen Iversen
AuditorBHA STATSAUTORISERET REVISION APS
AuditorMJAKP2 I/S
AuditorATHOS STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorAIDER Godkendt Revisionsaktieselskab
FounderJØRGEN MICHELSEN ApSCurrent

The CEOs' other companies

Lars Martin Michelsen – 5 other companies, of which 1 bankrupt

Jørgen Michelsen – 3 other companies

Address history (3 moves)

c/o Bella Center Ciff Showrooms B4-101, Center Boulevard 5, 2300 København S
c/o International House 114, Center Boulevard 5, 2300 København S
Værkstedvej 61, 2500 Valby
Gammel Køge Landevej 121, 2500 Valby

Employees per year

Number of employees at A/S MICHELSEN & RASMUSSEN per year362011: 620112012: 620122013: 320132014: 420142015: 420152016: 420162017: 420172018: 42018

Other companies at the same address

Similar companies in København

Questions and answers about A/S MICHELSEN & RASMUSSEN

Has A/S MICHELSEN & RASMUSSEN gone bankrupt?

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

What is the bankruptcy risk of A/S MICHELSEN & RASMUSSEN?

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 A/S MICHELSEN & RASMUSSEN?

Lars Martin Michelsen is the CEO of A/S MICHELSEN & RASMUSSEN.

Who is the auditor of A/S MICHELSEN & RASMUSSEN?

A/S MICHELSEN & RASMUSSEN most recently used Din Revisor Lyngby A/S Godkendte Revisorer.

When was A/S MICHELSEN & RASMUSSEN founded?

A/S MICHELSEN & RASMUSSEN was founded on 15 June 1998.

What is the equity of A/S MICHELSEN & RASMUSSEN?

Equity was DKK 1.8m 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.