Morref ApS

CVR 25723155 · Private limited company (ApS) · Active · High risk

Morref ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 11 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 34k and a net result of DKK -820. CEO: Loa Harboe Refsgaard.

Bankruptcy risk for Morref ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Annual reports filed late1 · bankruptcy rate 11.3%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×

Reduces the risk

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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
25723155
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Nørremarksvej 181
6800 Varde
Municipality
Varde
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 50k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 11
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profit–DKK 0
Net profitDKK -820DKK -970
EquityDKK 34kDKK 26k
Total assetsDKK 34kDKK 35k
CashDKK 5,248–
Short-term debtDKK 0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025183
1 Jul 2023 – 30 Jun 2024182
1 Jul 2022 – 30 Jun 2023184 Late
1 Jul 2021 – 30 Jun 2022178
1 Jul 2020 – 30 Jun 2021158
1 Jul 2019 – 30 Jun 2020163
1 Jul 2018 – 30 Jun 2019155
1 Jul 2017 – 30 Jun 2018165
1 Jul 2016 – 30 Jun 2017140
1 Jul 2015 – 30 Jun 2016139
2 Jan 2014 – 30 Jun 2015134

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
CEOLoa Harboe RefsgaardCurrent
CEOMorten Refsgaard
Owner (100%)MORTEN REFSGAARD HOLDING ApSCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMORTEN REFSGAARD HOLDING ApSCurrent

The CEOs' other companies

Loa Harboe Refsgaard – 1 other companies

Morten Refsgaard – 1 other companies

Address history (0 moves)

Nørremarksvej 181, 6800 Varde

Former names

Morref ApS – now
Mutuum ApS –
BANKPARTNER ApS –

Employees per year

Number of employees at Morref ApS per year112014: 120142015: 020152016: 020162017: 120172018: 02018

Other companies at the same address

Similar companies in Varde

Questions and answers about Morref ApS

Has Morref ApS gone bankrupt?

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

What is the bankruptcy risk of Morref ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Morref ApS?

Loa Harboe Refsgaard is the CEO of Morref ApS.

When was Morref ApS founded?

Morref ApS was founded on 2 January 2014.

What is the equity of Morref ApS?

Equity was DKK 34k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.