MINGO PHOTO ApS

CVR 26399637 · Private limited company (ApS) · Active · Low risk

MINGO PHOTO ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry fotografiske aktiviteter. 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, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2026) shows equity of DKK 3.0m and a net result of DKK 178k.

Bankruptcy risk for MINGO PHOTO 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

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
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×
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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
26399637
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
St. Blichers Gade 9
7400 Herning
Municipality
Herning
Industry
Fotografiske aktiviteter (742000)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 156k
Employees
4 (2018)
Auditor
Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 24
Missing annual reportNo
Negative equityNo
Equity ratio90.9%
Current ratio454%
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 year202620252024
Gross profitDKK 254kDKK 496kDKK 210k
Net profitDKK 178kDKK 208kDKK -252k
EquityDKK 3.0mDKK 2.9mDKK 2.9m
Total assetsDKK 3.3mDKK 3.6mDKK 3.3m
CashDKK 755kDKK 487k–
Short-term debtDKK 299kDKK 615k–
Tax owedDKK 12kDKK 8,400–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202683
1 Jul 2024 – 30 Jun 202564
1 Jul 2023 – 30 Jun 202466
1 Jul 2022 – 30 Jun 2023129
1 Jul 2021 – 30 Jun 2022195 Late
1 Jul 2020 – 30 Jun 202192
1 Jul 2019 – 30 Jun 2020113
1 Jul 2018 – 30 Jun 201979
1 Jul 2017 – 30 Jun 201897
1 Jul 2016 – 30 Jun 2017116
1 Jul 2015 – 30 Jun 201671
1 Jul 2014 – 30 Jun 201570
1 Jul 2013 – 30 Jun 201492
1 Jul 2012 – 30 Jun 2013106
1 Jul 2011 – 30 Jun 2012137
1 Jul 2010 – 30 Jun 201184
1 Jul 2009 – 30 Jun 201098
1 Jul 2008 – 30 Jun 200993
1 Jul 2007 – 30 Jun 2008120
1 Jul 2006 – 30 Jun 200788

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 Madsen
CEOMichael Nørager
Owner (100%)Flemming NøragerCurrent
Owner (67%)MINGO UNO ApS
Owner (25%)LEC OG M. NØRAGER AF 01.02. 2002 ApS
Owner (100%)MINGO UNO ApS
Owner (100%)Flemming Nørager
AuditorERNST & YOUNG DENMARK P/S
AuditorCHRISTENSEN & PEDERSEN, HERNING A/S
AuditorBent Christensen
AuditorAKTIESELSKABET AF 10. AUGUST 1998
FounderANPARTSSELSKABET STAKEMANNCurrent

The CEOs' other companies

Kim Madsen – 57 other companies, of which 57 bankrupt

Michael Nørager – 9 other companies

Address history (3 moves)

St. Blichers Gade 9, 7400 Herning
Nytoftevej 8, 7400 Herning
Fonnesbechsgade 12B, 7400 Herning
c/o Aktieselskabet Stakemann, Kronprinsessegade 18, 1306 København K

Former names

MINGO PHOTO ApS – now
MINGO FOTOGRAFI ApS –
ApS KBUS 38 NR. 4760 –

Employees per year

Number of employees at MINGO PHOTO ApS per year472011: 720112012: 520122013: 620132014: 520142015: 520152016: 420162017: 420172018: 42018

Other companies at the same address

Similar companies in Herning

Questions and answers about MINGO PHOTO ApS

Has MINGO PHOTO ApS gone bankrupt?

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

What is the bankruptcy risk of MINGO PHOTO 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 auditor of MINGO PHOTO ApS?

MINGO PHOTO ApS most recently used Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab.

When was MINGO PHOTO ApS founded?

MINGO PHOTO ApS was founded on 1 January 2002.

What is the equity of MINGO PHOTO ApS?

Equity was DKK 3.0m according to the annual report for the period ending 30 June 2026.

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