MG af 01.09.2021 ApS

CVR 26142776 · Private limited company (ApS) · Active · Low risk

MG af 01.09.2021 ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. 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. The latest annual report (31 Dec 2025) shows equity of DKK 98k and a net result of DKK 22k. CEO: Ib Madsen.

Bankruptcy risk for MG af 01.09.2021 ApS

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 changes1 · bankruptcy rate 11.4%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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×

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
26142776
Status
Active
Company type
Private limited company (ApS)
Founded
(25 years)
Address
c/o Tina Grangaard, Liseborg Toft 34
8800 Viborg
Municipality
Viborg
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Employees
34 (2018)
Auditor
Ullits & Winther, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 25
Missing annual reportNo
Negative equityNo
Equity ratio34.0%
Current ratio1,446%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 28kDKK 37k
Net profitDKK 22kDKK 33k
EquityDKK 98kDKK 76k
Total assetsDKK 289kDKK 347k
CashDKK 273k–
Short-term debtDKK 20k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Ullits & Winther, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202565
1 Jan 2024 – 31 Dec 2024140
1 Jan 2023 – 31 Dec 202333
1 Jan 2022 – 31 Dec 2022116
1 Jan 2021 – 31 Dec 202191
1 Jan 2020 – 31 Dec 2020113
1 Jan 2019 – 31 Dec 2019122
1 Jan 2018 – 31 Dec 2018135
1 Jan 2017 – 31 Dec 2017108
1 Jan 2016 – 31 Dec 2016111
1 Jan 2015 – 31 Dec 201599
1 Jan 2014 – 31 Dec 201486
1 Jan 2013 – 31 Dec 201395
1 Jan 2012 – 31 Dec 201283
1 Jan 2011 – 31 Dec 201185
1 Jan 2010 – 31 Dec 201086
1 Jan 2009 – 31 Dec 200987
1 Jan 2008 – 31 Dec 200897
1 Jan 2007 – 31 Dec 2007168
1 Jan 2006 – 31 Dec 200691

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
CEOIb MadsenCurrent
BoardEjvind Grangaard
BoardTina Grangaard
BoardHenrik Grangaard
BoardOle Madsen
BoardÅge Rudolf Wilhelmsen
BoardBørge Madsen
BoardIb Madsen
BoardHenrik Grangaard
BoardOle Madsen
BoardJørgen Mølholm
Owner (25%)TG HOLDING VIBORG ApSCurrent
Owner (25%)HG HOLDING VEJRUMBRO ApSCurrent
Owner (25%)OM HOLDING VIBORG ApSCurrent
Owner (25%)IM HOLDING VEJRUMBRO ApSCurrent
AuditorRevisionsfirmaet Revicon ApS
AuditorUllits & Winther Statsautoriserederevisorer I/S
AuditorULLITS & WINTHER STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderEjvind GrangaardCurrent

The CEOs' other companies

Ib Madsen – 3 other companies

Address history (2 moves)

c/o Tina Grangaard, Liseborg Toft 34, 8800 Viborg
Østervangsvej 17, 8830 Tjele
Østervangsvej 17, 8830 Tjele

Former names

MG af 01.09.2021 ApS – now
MG af 01.09.2021 A/S –
MADSEN & GRANGÅRD A/S –
MADSEN & GRANGÅRD A/S UNDER STIFTELSE –

Employees per year

Number of employees at MG af 01.09.2021 ApS per year17342011: 2920112012: 3320122013: 2920132014: 2520142015: 2620152016: 2520162017: 2820172018: 342018

Other companies at the same address

Similar companies in Viborg

Questions and answers about MG af 01.09.2021 ApS

Has MG af 01.09.2021 ApS gone bankrupt?

No, MG af 01.09.2021 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MG af 01.09.2021 ApS?

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 MG af 01.09.2021 ApS?

Ib Madsen is the CEO of MG af 01.09.2021 ApS.

Who is the auditor of MG af 01.09.2021 ApS?

MG af 01.09.2021 ApS most recently used Ullits & Winther, Statsautoriseret Revisionspartnerselskab.

When was MG af 01.09.2021 ApS founded?

MG af 01.09.2021 ApS was founded on 1 January 2001.

What is the equity of MG af 01.09.2021 ApS?

Equity was DKK 98k 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.