M. SCHULSTAD HOLDING ApS

CVR 21164275 · Private limited company (ApS) · Active · Low risk

M. SCHULSTAD HOLDING ApS is a Private limited company (ApS), founded on , based in Hørsholm. The company is registered in the industry levering af kombinerede hjælpetjenester i forbindelse med drift af fast ejendom. 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 5.6m and a net result of DKK 611k. CEO: Michael Steen Holmbech Schulstad.

Bankruptcy risk for M. SCHULSTAD HOLDING ApS

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×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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

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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%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
21164275
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Agiltevej 17
2970 Hørsholm
Municipality
Hørsholm
Industry
Levering af kombinerede hjælpetjenester i forbindelse med drift af fast ejendom (811000)
Bankruptcies in the industry: Almindelig rengøring i bygninger
Share capital
DKK 125k
Employees
3 (2018)
Auditor
ANDERSEN OG PARTNERE, REGISTRERET REVISIONSANPARTSSELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 27
Missing annual reportNo
Negative equityNo
Equity ratio94.1%
Current ratio309%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.5mDKK 2.1mDKK 1.8m
Net profitDKK 611kDKK 962kDKK 496k
EquityDKK 5.6mDKK 5.1mDKK 4.2m
Total assetsDKK 5.9mDKK 5.6mDKK 4.6m
CashDKK 913kDKK 1.0m–
Short-term debtDKK 345kDKK 584k–
Tax owedDKK 92kDKK 226k–
Avg. employees23–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · ANDERSEN OG PARTNERE, REGISTRERET REVISIONSANPARTSSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025103
1 Jan 2024 – 31 Dec 202469
1 Jan 2023 – 31 Dec 2023106
1 Jan 2022 – 31 Dec 2022132
1 Jan 2021 – 31 Dec 2021139
1 Jan 2020 – 31 Dec 202096
1 Jan 2019 – 31 Dec 201992
1 Jan 2018 – 31 Dec 201886
1 Jan 2017 – 31 Dec 201756
1 Jan 2016 – 31 Dec 201665
1 Jan 2015 – 31 Dec 201590
1 Jan 2014 – 31 Dec 2014103
1 Jan 2013 – 31 Dec 201349
1 Jan 2012 – 31 Dec 2012145
1 Jan 2011 – 31 Dec 2011115
1 Jan 2010 – 31 Dec 2010108
1 Jan 2009 – 31 Dec 2009139
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007146
1 Jan 2006 – 31 Dec 2006142

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 Steen Holmbech SchulstadCurrent
CEOPeter Andreas Stakemann
Owner (100%)Michael Steen Holmbech SchulstadCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorGreen IV ApS
AuditorVedbæk Revision v/Lillian Hauermann Lindgreen
AuditorANDERSEN OG PARTNERE, REGISTRERET REVISIONSANPARTSSELSKAB
FounderPOLYTRADE MASKINAGENTUR ApSCurrent

The CEOs' other companies

Michael Steen Holmbech Schulstad – 1 other companies, of which 1 bankrupt

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Address history (0 moves)

Agiltevej 17, 2970 Hørsholm

Former names

M. SCHULSTAD HOLDING ApS – now
ApS KBUS 17 NR. 1323 –

Employees per year

Number of employees at M. SCHULSTAD HOLDING ApS per year242011: 220112012: 220122013: 420132014: 220142015: 320152016: 120162017: 220172018: 32018

Similar companies in Hørsholm

Questions and answers about M. SCHULSTAD HOLDING ApS

Has M. SCHULSTAD HOLDING ApS gone bankrupt?

No, M. SCHULSTAD HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of M. SCHULSTAD HOLDING 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 M. SCHULSTAD HOLDING ApS?

Michael Steen Holmbech Schulstad is the CEO of M. SCHULSTAD HOLDING ApS.

Who is the auditor of M. SCHULSTAD HOLDING ApS?

M. SCHULSTAD HOLDING ApS most recently used ANDERSEN OG PARTNERE, REGISTRERET REVISIONSANPARTSSELSKAB.

When was M. SCHULSTAD HOLDING ApS founded?

M. SCHULSTAD HOLDING ApS was founded on 1 July 1998.

What is the equity of M. SCHULSTAD HOLDING ApS?

Equity was DKK 5.6m 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.