MÆ HOLDING ApS

CVR 26333261 · Private limited company (ApS) · Active · Low risk

MÆ HOLDING ApS is a Private limited company (ApS), founded on 9 November 2001, based in Horsens. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 3.7m and a net result of DKK 869k. CEO: Mogens Ærthøj.

Bankruptcy risk for MÆ HOLDING ApS

0.0%

probability of bankruptcy within 12 months

Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×

Time at current address1 yrs · bankruptcy rate 14.0%1.6×

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

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

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×

Reduces the risk

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

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Return on assets5%–15% · bankruptcy rate 3.5%0.39×

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

Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

Negative equityNo · bankruptcy rate 5.1%0.58×

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: 26333261
Status: Active
Company type: Private limited company (ApS)
Founded: 9 November 2001 (24 years)
Address: Nordøstpassagen 26, 5.
8700 Horsens
Municipality: Horsens
Industry: Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital: DKK 126k
Audit opted out: Yes

Warning signs

Annual reports filed late	0 of 24
Missing annual report	No
Negative equity	No
Equity ratio	34.5%
Current ratio	52%
Moves (last 2 years)	1
CEO changes in total	0
CEO's previous bankruptcies	2
Other companies at the address	4
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024
Gross profit	DKK 12k	DKK 11k
Net profit	DKK 869k	DKK 917k
Equity	DKK 3.7m	DKK 2.8m
Total assets	DKK 10.7m	DKK 10.4m
Cash	DKK 127k	–
Short-term debt	DKK 7.0m	–
Avg. employees	0	–

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	15 Apr 2026	105
1 Jan 2024 – 31 Dec 2024	23 Feb 2025	54
1 Jan 2023 – 31 Dec 2023	8 Mar 2024	68
1 Jan 2022 – 31 Dec 2022	23 Apr 2023	113
1 Jan 2021 – 31 Dec 2021	18 May 2022	138
1 Jan 2020 – 31 Dec 2020	15 May 2021	135
1 Jan 2019 – 31 Dec 2019	15 May 2020	136
1 Jan 2018 – 31 Dec 2018	23 Apr 2019	113
1 Jan 2017 – 31 Dec 2017	30 May 2018	150
1 Jan 2016 – 31 Dec 2016	15 Jun 2017	166
1 Jan 2015 – 31 Dec 2015	12 Apr 2016	103
1 Jan 2014 – 31 Dec 2014	2 Jun 2015	153
1 Jan 2013 – 31 Dec 2013	7 May 2014	127
1 Jan 2012 – 31 Dec 2012	5 Jun 2013	156
1 Jan 2011 – 31 Dec 2011	9 Jun 2012	161
1 Jan 2010 – 31 Dec 2010	9 Jun 2011	160
1 Jan 2009 – 31 Dec 2009	2 Jun 2010	153
1 Jan 2008 – 31 Dec 2008	11 Jun 2009	162
1 Jan 2007 – 31 Dec 2007	5 Jun 2008	157
1 Jan 2006 – 31 Dec 2006	1 May 2007	121

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	Mogens Ærthøj	9 Nov 2001	Current
Owner (100%)	Mogens Ærthøj	9 Nov 2001	Current
Auditor	KPMG C.JESPERSEN STATSAUTORISEREDE REVISORER	9 Nov 2001	29 May 2009
Auditor	EY Godkendt Revisionspartnerselskab	29 May 2009	29 May 2013
Founder	Mogens Ærthøj	9 Nov 2001	Current

The CEOs' other companies

Mogens Ærthøj – 25 other companies, of which 2 bankrupt

EDIROP ELECTRONIC MARKETING SERVICES A/S Bankrupt 2 Jan 1995
EMS SCANDINAVIA ApS Bankrupt 4 Apr 1995
AKTIESELSKABET AF 17.5. 2002 Opløst
BOCON HOLDING ApS Fusioneret
BOCON HOLDING II ApS Opløst
BOCON MÆ ApS Opløst
BOCON MÆ II ApS Opløst
BOCONCEPT A/S Active
BOCONCEPT HOLDING A/S Fusioneret
BOCONCEPT INVEST ApS Opløst
BOCONCEPT RETAIL A/S Fusioneret
BoCon Holding MÆ ApS Opløst
CENTRUM KØD OG FLÆSK ApS Compulsorily dissolved
CREATIV COMPANY A/S Active
CREATIV COMPANY HOLDING A/S Opløst
DENCON A/S Fusioneret
DENCON A/S Active
DENKA MØBLER A/S Fusioneret
MOVIAN ApS Active
MOVIAN HMJ ApS Active
MOVIAN HOLDING ApS Fusioneret
MOVIAN MÆ ApS Fusioneret
TENSI A/S Fusioneret
TM LINE/DENKA ApS Compulsorily dissolved
ZENIA HOUSE A/S Fusioneret

Address history (3 moves)

6 Jun 2025	Nordøstpassagen 26, 5., 8700 Horsens
28 Aug 2017	Lübker Allé 85, 8581 Nimtofte
27 May 2010	c/o BoConcept A/S, Mørupvej 16, 7400 Herning
9 Nov 2001	Th. Nielsens Gade 75, 7400 Herning

Other companies at the same address

Similar companies in Horsens

Questions and answers about MÆ HOLDING ApS

Has MÆ HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of MÆ HOLDING ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of MÆ HOLDING ApS?

Mogens Ærthøj is the CEO of MÆ HOLDING ApS.

When was MÆ HOLDING ApS founded?

MÆ HOLDING ApS was founded on 9 November 2001.

What is the equity of MÆ HOLDING ApS?

Equity was DKK 3.7m 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.