MODERN BY-PRODUCTS A/S

CVR 21631647 · Public limited company (A/S) · Active · High risk

MODERN BY-PRODUCTS A/S is a Public limited company (A/S), founded on , based in Silkeborg. The company is registered in the industry ikke-specialiseret engroshandel med føde-, drikke- og tobaksvarer. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -2.7m and a net result of DKK -2.3m.

Bankruptcy risk for MODERN BY-PRODUCTS A/S

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
21631647
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
c/o Ferskvandscentret, Vejlsøvej 51
8600 Silkeborg
Municipality
Silkeborg
Industry
Ikke-specialiseret engroshandel med føde-, drikke- og tobaksvarer (463900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 625k
Employees
8 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 27
Missing annual reportNo
Negative equityYes
Equity ratio-34.9%
Current ratio54%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address147
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.4mDKK 8.2mDKK 9.1m
Net profitDKK -2.3mDKK -1.2mDKK -92k
EquityDKK -2.7mDKK -427kDKK 728k
Total assetsDKK 7.7mDKK 6.6mDKK 6.1m
CashDKK 950kDKK 822k–
Short-term debtDKK 10.4mDKK 7.0m–
Tax owedDKK 533k––
Avg. employees1214–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023184 Late
1 Jan 2022 – 31 Dec 2022131
1 Jan 2021 – 31 Dec 2021117
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 201993
1 Jan 2018 – 31 Dec 2018129
1 Jan 2017 – 31 Dec 201785
1 Jan 2016 – 31 Dec 201689
1 Jan 2015 – 31 Dec 2015123
1 Jan 2014 – 31 Dec 2014118
1 Jan 2013 – 31 Dec 2013169
1 Jan 2012 – 31 Dec 2012163
1 Jan 2011 – 31 Dec 2011211 Late
1 Jan 2010 – 31 Dec 2010241 Late
1 Jan 2009 – 31 Dec 2009150
1 Jan 2008 – 31 Dec 2008146
1 Jan 2007 – 31 Dec 2007163
1 Jan 2006 – 31 Dec 2006178

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
CEOPeter Nielsen
CEODavid Magnussen
CEOJens Søgaard Jacobsen
BoardJens Søgaard JacobsenCurrent
BoardHelen SainsburyCurrent
BoardCarsten Green JensenCurrent
BoardPeter Nielsen
BoardSusanne Hougaard Steffensen
BoardTimothy James Ridyard
BoardDavid Magnussen
BoardSondre Høidalen
BoardDavid Magnussen
BoardErlend Waade
BoardRolf Michael Lanne
BoardChristine Serigstad
Owner (100%)MBP Group Holding Ltd.Current
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorPricewaterhouseCoopers
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderFayrefield Foods A/SCurrent

The CEOs' other companies

Peter Nielsen – 10 other companies, of which 1 bankrupt

David Magnussen – 2 other companies

Jens Søgaard Jacobsen – 6 other companies

Address history (8 moves)

c/o Ferskvandscentret, Vejlsøvej 51, 8600 Silkeborg
c/o Ferskvandscentret, Vejlsøvej 51, 8600 Silkeborg
Torvet 7L, 3400 Hillerød
Torvet 7 tv, 3400 Hillerød
Toftebakken 15, 3460 Birkerød
Toftebakken 15, 3460 Birkerød
Toftebakken 17, 3460 Birkerød
Toftebakken 15, 3460 Birkerød
Foldegade 33 2, 7100 Vejle

Former names

MODERN BY-PRODUCTS A/S – now
MODERN BY-PRODUCTS ApS –

Employees per year

Number of employees at MODERN BY-PRODUCTS A/S per year482011: 720112012: 620122013: 320132014: 420142015: 320152016: 620162017: 620172018: 82018

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about MODERN BY-PRODUCTS A/S

Has MODERN BY-PRODUCTS A/S gone bankrupt?

No, MODERN BY-PRODUCTS A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MODERN BY-PRODUCTS A/S?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the auditor of MODERN BY-PRODUCTS A/S?

MODERN BY-PRODUCTS A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MODERN BY-PRODUCTS A/S founded?

MODERN BY-PRODUCTS A/S was founded on 13 April 1999.

What is the equity of MODERN BY-PRODUCTS A/S?

Equity was DKK -2.7m 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.