MGN HOLDING ApS

CVR 25050258 · Private limited company (ApS) · Active · Low risk

MGN HOLDING ApS is a Private limited company (ApS), founded on 11 October 1999, based in Aarhus V. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.5m and a net result of DKK -99k. CEO: Michael Kjær Graff.

Bankruptcy risk for MGN HOLDING ApS

0.2%

probability of bankruptcy within 12 months

Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Audit opted outYes · bankruptcy rate 10.4%1.2×

Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Loss for the yearYes · bankruptcy rate 10.3%1.2×

Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

Negative equityNo · bankruptcy rate 5.1%0.58×

Capital changes2 · bankruptcy rate 5.2%0.59×

Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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: 25050258
Status: Active
Company type: Private limited company (ApS)
Founded: 11 October 1999 (27 years)
Address: c/o Spektrum Ejendomme A/S, Bautavej 1A
8210 Aarhus V
Municipality: Aarhus
Industry: Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital: DKK 500k
Employees: 0 (2014)
Audit opted out: Yes

Warning signs

Annual reports filed late	6 of 26
Missing annual report	No
Negative equity	No
Equity ratio	15.2%
Current ratio	63%
Moves (last 2 years)	0
CEO changes in total	0
CEO's previous bankruptcies	3
Other companies at the address	89
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK 341k	DKK 1.2m	DKK 827k
Net profit	DKK -99k	DKK 789k	DKK -231k
Equity	DKK 1.5m	DKK 1.6m	DKK 847k
Total assets	DKK 10.1m	DKK 10.3m	DKK 11.1m
Cash	DKK 3,245	DKK 9,395	–
Short-term debt	DKK 3.4m	DKK 3.5m	–
Avg. employees	1	1	–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	16 Jun 2026	167
1 Jan 2024 – 31 Dec 2024	21 May 2025	141
1 Jan 2023 – 31 Dec 2023	4 Jun 2024	156
1 Jan 2022 – 31 Dec 2022	14 Jun 2023	165
1 Jan 2021 – 31 Dec 2021	7 Feb 2022	38
1 Jan 2020 – 31 Dec 2020	30 Jun 2021	181
1 Jan 2019 – 31 Dec 2019	10 Jun 2020	162
1 Jan 2018 – 31 Dec 2018	17 Jun 2019	168
1 Jan 2017 – 31 Dec 2017	29 May 2018	149
1 Jan 2016 – 31 Dec 2016	6 Jun 2017	157
1 Jan 2015 – 31 Dec 2015	20 Jun 2016	172
1 Jan 2014 – 31 Dec 2014	3 Jul 2015	184	Late
1 Jan 2013 – 31 Dec 2013	27 Jun 2014	178
1 Jan 2012 – 31 Dec 2012	29 Jun 2013	180
1 Jan 2011 – 31 Dec 2011	20 Jun 2012	172
1 Jan 2010 – 31 Dec 2010	23 Jun 2011	174
1 Jan 2009 – 31 Dec 2009	4 Jul 2010	185	Late
1 Jan 2008 – 31 Dec 2008	9 Jul 2009	190	Late
1 Jan 2007 – 31 Dec 2007	6 Jul 2008	188	Late
1 Jan 2006 – 31 Dec 2006	3 Jul 2007	184	Late

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

Role	Name	From	To
CEO	Michael Kjær Graff	11 Oct 1999	Current
Board	Michael Kjær Graff	11 Oct 1999	17 May 2005
Board	Lisbeth Pedersen Horn	11 Oct 1999	17 May 2005
Owner (100%)	Michael Kjær Graff	1 Jan 2000	Current
Auditor	BDO Holding VII, statsautoriseret revisionsaktieselskab	11 Oct 1999	18 Dec 2009
Auditor	Datoselskabet af den 3. juli 2016 RVT P/S	18 Dec 2009	14 Jan 2013
Auditor	Datoselskabet af den 3. juli 2016 RVT P/S	14 Jan 2013	3 Jun 2016
Auditor	Beierholm Godkendt Revisionspartnerselskab	3 Jun 2016	9 Jun 2020
Founder	Michael Kjær Graff	11 Oct 1999	Current

The CEOs' other companies

Michael Kjær Graff – 42 other companies, of which 7 bankrupt

ADK BERLIN ApS Bankrupt 21 Mar 2023
ApS AF 25. AUGUST 2010 Bankrupt 2 Dec 2013
Arne Elkjær A/S Bankrupt 10 Sep 2026
Hamiconsult A/S Bankrupt 15 Sep 2026
OR EJENDOMME A/S Bankrupt 30 Apr 2014
WATERLIVING INTERNATIONAL A/S Bankrupt 16 Jun 2009
WL ApS Bankrupt 17 Dec 2014
A/S AF 22. SEPTEMBER 2010 Opløst
ALTSKIB ApS Compulsorily dissolved
ASCO WARRINGTON I ApS Opløst
Aktieselskabet af 30. september 2017 Opløst
Aktieselskabet af 5. december 2017 Opløst
ApS KOMPL. ESBJERG Active
ApS KOMPL. FYN Opløst
ApS KOMPL. VEJLE Active
ApS KOMPL. VIBORG Active
B.A.T. INVEST IV A/S Compulsorily dissolved
BATMAND-INVEST ApS Opløst
BETAPACK A/S Active
BHS WOLVERHAMPTON I ApS Opløst
BHSW ApS Opløst
CONTESSA ApS Active
DE BYNÆRE HAVNEAREALERS AFFALDSVÆRK A/S Active
EJENDOMSSELSKABET ENGHOLM A/S Active
EJENDOMSSELSKABET GREVE A/S Active
EUS ENGHOLM HOLDING A/S Fusioneret
EUS INVEST ApS Fusioneret
HANDELS- OG INVESTERINGSSELSKABET AF DEN 25. NOVEMBER 1989 ApS Opløst
HANDELS- OG INVESTERINGSSELSKABET AF DEN 27. DECEMBER 1989 ApS Compulsorily dissolved
Holdingselskabet MKG-2021 ApS Opløst

Address history (4 moves)

1 Nov 2023	c/o Spektrum Ejendomme A/S, Bautavej 1A, 8210 Aarhus V
29 Aug 2016	c/o Spektrum Ejendomme A/S, Bautavej 1A, 8210 Aarhus V
23 Feb 2012	c/o Spektrum Ejendomme A/S, Jens Baggesens Vej 90N, 8200 Aarhus N
30 Oct 2003	Vestervang 38, 2. 3821, 8000 Aarhus C
11 Oct 1999	Dronning Margrethes Vej 31, 8200 Aarhus N

Employees per year

Other companies at the same address

ADK BERLIN ApS Bankrupt
BTAS A/S Bankrupt
D.G.U. ERHVERVSLEJEMÅL ApS Bankrupt
DS AF 24/4 2007 APS Bankrupt
FAVRSKOV CONSULTING IVS Bankrupt
LISTO DK ApS Bankrupt
Limpio Energy ApS Bankrupt
MH SYSTEM ApS Bankrupt
Nord Storytelling ApS Bankrupt
OPENUSOURCE ApS Bankrupt
POMOC MATERIEL ApS Bankrupt
PURIX ApS Bankrupt
SOW IVS Bankrupt
SPEDITION AARHUS ApS Bankrupt
SPEDITION AARHUS HOLDING ApS Bankrupt
Solet Danmark ApS Bankrupt
TRIALET ApS Bankrupt
ecrofdworc ApS Bankrupt
APATOR MIITORS ApS Active
AQ2 A/S Opløst
Aktieselskabet af 30. september 2017 Opløst
Aktieselskabet af 5. december 2017 Opløst
ApS KOMPL. ESBJERG Active
ApS KOMPL. FYN Opløst
ApS KOMPL. VEJLE Active

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Questions and answers about MGN HOLDING ApS

Has MGN HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of MGN HOLDING ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of MGN HOLDING ApS?

Michael Kjær Graff is the CEO of MGN HOLDING ApS.

When was MGN HOLDING ApS founded?

MGN HOLDING ApS was founded on 11 October 1999.

What is the equity of MGN HOLDING ApS?

Equity was DKK 1.5m 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.