MICHAEL SAND HOLDING ApS

CVR 25619838 · Private limited company (ApS) · Active · Low risk

MICHAEL SAND HOLDING ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 12 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 6.7m and a net result of DKK 624k. CEO: Michael Joachim Flæng Sand.

Bankruptcy risk for MICHAEL SAND HOLDING ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

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

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
25619838
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Holmegårdvej 27
7400 Herning
Municipality
Herning
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 12
Missing annual reportNo
Negative equityNo
Equity ratio94.1%
Current ratio799%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -18kDKK -6,065
Net profitDKK 624kDKK 2.3m
EquityDKK 6.7mDKK 6.2m
Total assetsDKK 7.1mDKK 6.6m
CashDKK 0–
Short-term debtDKK 418k–
Tax owedDKK 62k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202597
1 Jan 2024 – 31 Dec 202483
1 Jan 2023 – 31 Dec 202382
1 Jan 2022 – 31 Dec 202288
1 Jan 2021 – 31 Dec 202197
1 Jan 2020 – 31 Dec 2020118
1 Jan 2019 – 31 Dec 2019121
1 Jan 2018 – 31 Dec 201857
1 Jan 2017 – 31 Dec 2017171
1 Jan 2016 – 31 Dec 2016160
1 Jan 2015 – 31 Dec 2015153
18 Dec 2013 – 31 Dec 2014163

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 Joachim Flæng SandCurrent
Owner (100%)Michael Joachim Flæng SandCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderMichael Joachim Flæng SandCurrent

Address history (1 moves)

Holmegårdvej 27, 7400 Herning
Skærbækvej 28, 7400 Herning

Similar companies in Herning

Questions and answers about MICHAEL SAND HOLDING ApS

Has MICHAEL SAND HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of MICHAEL SAND HOLDING 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 SAND HOLDING ApS?

Michael Joachim Flæng Sand is the CEO of MICHAEL SAND HOLDING ApS.

Who is the auditor of MICHAEL SAND HOLDING ApS?

MICHAEL SAND HOLDING ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was MICHAEL SAND HOLDING ApS founded?

MICHAEL SAND HOLDING ApS was founded on 18 December 2013.

What is the equity of MICHAEL SAND HOLDING ApS?

Equity was DKK 6.7m 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.