MSN HOLDING ApS

CVR 26823293 · Private limited company (ApS) · Active · Low risk

MSN HOLDING ApS is a Private limited company (ApS), founded on , based in Silkeborg. The company is registered in the industry anden undervisning i.a.n.. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 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 (31 Dec 2025) shows equity of DKK 68k and a net result of DKK 165k. CEO: Morten Sønderstrup Nielsen.

Bankruptcy risk for MSN HOLDING ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Municipality changes3+ · bankruptcy rate 10.6%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×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
26823293
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
Sølystvej 73
8600 Silkeborg
Municipality
Silkeborg
Industry
Anden undervisning i.a.n. (855900)
Bankruptcies in the industry: Anden undervisning i.a.n.
Share capital
DKK 125k
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 23
Missing annual reportNo
Negative equityNo
Equity ratio8.6%
Current ratio36%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 135kDKK -27kDKK 46k
Net profitDKK 165kDKK 49kDKK 407k
EquityDKK 68kDKK -97kDKK -146k
Total assetsDKK 794kDKK 738kDKK 725k
CashDKK 47kDKK 22k–
Short-term debtDKK 726kDKK 835k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023165
1 Jan 2022 – 31 Dec 2022164
1 Jan 2021 – 31 Dec 2021119
1 Jan 2020 – 31 Dec 2020195 Late
1 Jan 2019 – 31 Dec 2019182
1 Jan 2018 – 31 Dec 2018150
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016173
1 Jan 2015 – 31 Dec 2015147
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013168
1 Jan 2012 – 31 Dec 2012163
1 Jan 2011 – 31 Dec 2011161
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009154
1 Jan 2008 – 31 Dec 2008173
1 Jan 2007 – 31 Dec 2007169
1 Jan 2006 – 31 Dec 2006176

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
CEOMorten Sønderstrup NielsenCurrent
Owner (100%)Morten Sønderstrup NielsenCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMorten Sønderstrup NielsenCurrent

The CEOs' other companies

Morten Sønderstrup Nielsen – 3 other companies, of which 1 bankrupt

Address history (5 moves)

Sølystvej 73, 8600 Silkeborg
Klokkebakken 21, 7400 Herning
Klokkebakken 10, 7400 Herning
Sjællandsgade 3, 8600 Silkeborg
Sjællandsgade 3, 8600 Silkeborg
Bøgegade 2, 8200 Aarhus N

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about MSN HOLDING ApS

Has MSN HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of MSN HOLDING ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of MSN HOLDING ApS?

Morten Sønderstrup Nielsen is the CEO of MSN HOLDING ApS.

Who is the auditor of MSN HOLDING ApS?

MSN HOLDING ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was MSN HOLDING ApS founded?

MSN HOLDING ApS was founded on 1 September 2002.

What is the equity of MSN HOLDING ApS?

Equity was DKK 68k 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.