MH Real Estate North A/S

CVR 26077613 · Public limited company (A/S) · Active · Low risk

MH Real Estate North A/S is a Public limited company (A/S), founded on , based in Frederikshavn. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 17.0m and a net result of DKK 1.7m. CEO: Kim Petersen Hessellund.

Bankruptcy risk for MH Real Estate North A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
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×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
26077613
Status
Active
Company type
Public limited company (A/S)
Founded
(25 years)
Address
Niels Bohrs Vej 2
9900 Frederikshavn
Municipality
Frederikshavn
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 2.5m
Employees
2 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 25
Missing annual reportNo
Negative equityNo
Equity ratio33.0%
Current ratio52%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies3
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 4.9mDKK 4.0mDKK 3.5m
Net profitDKK 1.7mDKK 351kDKK 280k
EquityDKK 17.0mDKK 15.3mDKK 14.9m
Total assetsDKK 51.5mDKK 40.7mDKK 40.9m
CashDKK 0DKK 237k–
Short-term debtDKK 9.2mDKK 5.5m–
Avg. employees21–

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 2025181
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 2023191 Late
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021196 Late
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019178
1 Jan 2018 – 31 Dec 2018176
1 Jan 2017 – 31 Dec 201775
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 201591
1 Jan 2014 – 31 Dec 201471
1 Jan 2013 – 31 Dec 201364
1 Jan 2012 – 31 Dec 201270
1 Jan 2011 – 31 Dec 201168
1 Jan 2010 – 31 Dec 201069
1 Jan 2009 – 31 Dec 200974
1 Jan 2008 – 31 Dec 200874
1 Jan 2007 – 31 Dec 200773
1 Jan 2006 – 31 Dec 2006126

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
CEOKim Petersen HessellundCurrent
BoardKim Petersen HessellundCurrent
BoardUffe Asbjørn OlesenCurrent
BoardArjan BroosCurrent
BoardGeorge Aboagye-Mathiesen
BoardJørn Ankær Thomsen
BoardJens Christian Langhoff
BoardJens Bjerg Sørensen
BoardPeter Kjær
Owner (100%)MH Invest North ApSCurrent
Owner (100%)AKTIESELSKABET SCHOUW & CO.
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorK P M G C JESPERSEN ÅRHUS I/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderGAM HOLDING A/SCurrent

The CEOs' other companies

Kim Petersen Hessellund – 34 other companies, of which 7 bankrupt

Address history (2 moves)

Niels Bohrs Vej 2, 9900 Frederikshavn
Chr. Filtenborgs Plads 1, 8000 Aarhus C
Jegstrupvej 36, 8361 Hasselager

Former names

MH Real Estate North A/S – now
NIELS BOHRS VEJ A/S –
DB 2001 A/S –
DANSK BIOGAS A/S –

Employees per year

Number of employees at MH Real Estate North A/S per year10202001: 1920012002: 2020022003: 1620032004: 1220042016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Frederikshavn

Questions and answers about MH Real Estate North A/S

Has MH Real Estate North A/S gone bankrupt?

No, MH Real Estate North A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MH Real Estate North A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of MH Real Estate North A/S?

Kim Petersen Hessellund is the CEO of MH Real Estate North A/S.

Who is the auditor of MH Real Estate North A/S?

MH Real Estate North A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MH Real Estate North A/S founded?

MH Real Estate North A/S was founded on 23 May 2001.

What is the equity of MH Real Estate North A/S?

Equity was DKK 17.0m 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.