MT GULVE A/S

CVR 26897521 · Public limited company (A/S) · Active · Low risk

MT GULVE A/S is a Public limited company (A/S), founded on , based in Grindsted. The company is registered in the industry udførelse af gulvbelægninger og vægbeklædning. 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 10.1m and a net result of DKK 3.3m. CEO: Michael Tullesen.

Bankruptcy risk for MT GULVE A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
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
26897521
Status
Active
Company type
Public limited company (A/S)
Founded
(23 years)
Address
Heimdalsvej 22F
7200 Grindsted
Municipality
Billund
Industry
Udførelse af gulvbelægninger og vægbeklædning (433300)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 600k
Employees
18 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 23
Missing annual reportNo
Negative equityNo
Equity ratio75.4%
Current ratio380%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address17
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 13.1mDKK 9.8m
Net profitDKK 3.3mDKK 1.0m
EquityDKK 10.1mDKK 6.8m
Total assetsDKK 13.4mDKK 10.0m
CashDKK 206k–
Short-term debtDKK 3.3m–
Avg. employees15–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025127
1 Jan 2024 – 31 Dec 202448
1 Jan 2023 – 31 Dec 202357
1 Jan 2022 – 31 Dec 202287
1 Jan 2021 – 31 Dec 202169
1 Jan 2020 – 31 Dec 202060
1 Jan 2019 – 31 Dec 201963
1 Jan 2018 – 31 Dec 201870
1 Jan 2017 – 31 Dec 201778
1 Jan 2016 – 31 Dec 201661
1 Jan 2015 – 31 Dec 2015145
1 Jan 2014 – 31 Dec 2014132
1 Jan 2013 – 31 Dec 2013114
1 Jan 2012 – 31 Dec 2012150
1 Jan 2011 – 31 Dec 2011116
1 Jan 2010 – 31 Dec 2010165
1 Jan 2009 – 31 Dec 2009161
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007177
1 Jan 2006 – 31 Dec 2006151

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
CEOMichael TullesenCurrent
BoardFrederik Stage Appel OlsenCurrent
BoardJonas Bringskov LorentzenCurrent
BoardØyvind Ivar EmblemCurrent
BoardMichael Tullesen
BoardMagnus Østergaard Dahlmann
BoardJens Kristian Høtbjerg Hansen
BoardJens Lange
Owner (100%)HG Danmark ApSCurrent
Owner (100%)MLBT Holding ApS
Owner (90%)MLBT Holding ApS
Owner (10%)CAAL Holding Haderslev ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorTFDG A/S
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMLBT Holding ApSCurrent

The CEOs' other companies

Michael Tullesen – 6 other companies

Address history (3 moves)

Heimdalsvej 22F, 7200 Grindsted
Heimdalsvej 22, 7200 Grindsted
Heimdalsvej 22, 7200 Grindsted
Tjørnevej 4, 7200 Grindsted

Former names

MT GULVE A/S – now
MT GULVE ApS –

Employees per year

Number of employees at MT GULVE A/S per year9182011: 920112012: 920122013: 1120132014: 1020142015: 1120152016: 1220162017: 1820172018: 182018

Other companies at the same address

Similar companies in Billund

Questions and answers about MT GULVE A/S

Has MT GULVE A/S gone bankrupt?

No, MT GULVE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MT GULVE A/S?

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 MT GULVE A/S?

Michael Tullesen is the CEO of MT GULVE A/S.

Who is the auditor of MT GULVE A/S?

MT GULVE A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was MT GULVE A/S founded?

MT GULVE A/S was founded on 4 December 2002.

What is the equity of MT GULVE A/S?

Equity was DKK 10.1m 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.