M-BAR ApS

CVR 26863945 · Private limited company (ApS) · Active · High risk

M-BAR ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Apr 2026) shows equity of DKK -1.4m and a net result of DKK 99k. CEO: Andon Nedelkovski.

Bankruptcy risk for M-BAR ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
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

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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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
26863945
Status
Active
Company type
Private limited company (ApS)
Founded
(23 years)
Address
c/o Beat Cafe, Enghave Plads 13
1670 København V
Municipality
København
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 125k
Employees
16 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 23
Missing annual reportNo
Negative equityYes
Equity ratio-168.3%
Current ratio14%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address14
Going-concern uncertaintyYes

Financials and key figures

Financial year202620252024
Gross profitDKK 3.8mDKK 3.7mDKK 869k
Net profitDKK 99kDKK 207kDKK -309k
EquityDKK -1.4mDKK -1.5mDKK -1.7m
Total assetsDKK 849kDKK 867kDKK 1.0m
CashDKK 59kDKK 51k–
Short-term debtDKK 2.3mDKK 2.3m–
Avg. employees118–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 2026111
1 May 2024 – 30 Apr 2025181
1 May 2023 – 30 Apr 2024149
1 May 2022 – 30 Apr 2023183
1 May 2021 – 30 Apr 2022151
1 May 2020 – 30 Apr 2021150
1 May 2019 – 30 Apr 2020190 Late
1 May 2018 – 30 Apr 2019153
1 May 2017 – 30 Apr 2018165
1 May 2016 – 30 Apr 2017136
1 May 2015 – 30 Apr 2016166
1 May 2014 – 30 Apr 2015162
1 May 2013 – 30 Apr 2014135
1 May 2012 – 30 Apr 201384
1 May 2011 – 30 Apr 2012203 Late
1 May 2010 – 30 Apr 2011163
1 May 2009 – 30 Apr 2010174
1 May 2008 – 30 Apr 2009172
1 May 2007 – 30 Apr 2008167
1 May 2006 – 30 Apr 2007168

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
CEOAndon NedelkovskiCurrent
Owner (100%)Andon NedelkovskiCurrent
AuditorBALTZER ADMINISTRATION ApS
AuditorANDERSEN HÜBERTZ KIRKHOFF STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderZoran VelkoskiCurrent
FounderSimon EdvardsenCurrent
FounderAndon NedelkovskiCurrent

The CEOs' other companies

Andon Nedelkovski – 3 other companies

Address history (4 moves)

c/o Beat Cafe, Enghave Plads 13, 1670 København V
c/o Beat Cafe IVS, Enghave Plads 13, 1670 København V
c/o Cafe Mandela, Onkel Dannys Plads 9, 1711 København V
c/o ANDON NEDELKOVSKI, Dannebrogsgade 3, 1. th, 1660 København V
Rosenørns Alle 32, 1970 Frederiksberg C

Former names

M-BAR ApS – now
METRABAR ApS –
METRO BAR ApS –

Employees per year

Number of employees at M-BAR ApS per year9182011: 1320112012: 1320122013: 1520132014: 1420142015: 1720152016: 1820162017: 1420172018: 162018

Other companies at the same address

Similar companies in København

Questions and answers about M-BAR ApS

Has M-BAR ApS gone bankrupt?

No, M-BAR ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of M-BAR ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of M-BAR ApS?

Andon Nedelkovski is the CEO of M-BAR ApS.

Who is the auditor of M-BAR ApS?

M-BAR ApS most recently used Beierholm.

When was M-BAR ApS founded?

M-BAR ApS was founded on 11 November 2002.

What is the equity of M-BAR ApS?

Equity was DKK -1.4m according to the annual report for the period ending 30 April 2026.

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