MICHLAR ApS

CVR 26995485 · Private limited company (ApS) · Active · Low risk

MICHLAR ApS is a Private limited company (ApS), founded on 2 January 2004, based in Ølstykke. The company is registered in the industry engroshandel med metaller og metalmalme. 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 6.0m and a net result of DKK 2.6m. CEO: Lars Ketelsen, Michael Fruergaard.

Bankruptcy risk for MICHLAR ApS

0.0%

probability of bankruptcy within 12 months

Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×

Employees (latest year)5–10 · bankruptcy rate 10.1%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×

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×

Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×

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: 26995485
Status: Active
Company type: Private limited company (ApS)
Founded: 2 January 2004 (22 years)
Address: Lyshøjvej 17
3650 Ølstykke
Municipality: Egedal
Industry: Engroshandel med metaller og metalmalme (468200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital: DKK 126k
Employees: 5 (2018)
Auditor: Beierholm Godkendt Revisionspartnerselskab
Audit opted out: No

Warning signs

Annual reports filed late	0 of 22
Missing annual report	No
Negative equity	No
Equity ratio	70.4%
Current ratio	325%
Moves (last 2 years)	0
CEO changes in total	0
CEO's previous bankruptcies	0
Other companies at the address	6
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK 6.1m	DKK 5.8m	DKK 5.7m
Net profit	DKK 2.6m	DKK 2.4m	DKK 2.5m
Equity	DKK 6.0m	DKK 7.4m	DKK 7.2m
Total assets	DKK 8.6m	DKK 9.8m	DKK 9.9m
Cash	DKK 1.5m	DKK 2.6m	–
Short-term debt	DKK 2.5m	DKK 2.3m	–
Tax owed	DKK 481k	DKK 432k	–
Avg. employees	5	5	–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	17 Apr 2026	107
1 Jan 2024 – 31 Dec 2024	26 Mar 2025	85
1 Jan 2023 – 31 Dec 2023	22 Feb 2024	53
1 Jan 2022 – 31 Dec 2022	12 May 2023	132
1 Jan 2021 – 31 Dec 2021	28 Apr 2022	118
1 Jan 2020 – 31 Dec 2020	19 Mar 2021	78
1 Jan 2019 – 31 Dec 2019	18 Mar 2020	78
1 Jan 2018 – 31 Dec 2018	4 Apr 2019	94
1 Jan 2017 – 31 Dec 2017	26 Apr 2018	116
1 Jan 2016 – 31 Dec 2016	5 May 2017	125
1 Jan 2015 – 31 Dec 2015	2 May 2016	123
1 Jan 2014 – 31 Dec 2014	8 May 2015	128
1 Jan 2013 – 31 Dec 2013	20 May 2014	140
1 Jan 2012 – 31 Dec 2012	1 Jun 2013	152
1 Jan 2011 – 31 Dec 2011	1 Jun 2012	153
1 Jan 2010 – 31 Dec 2010	29 May 2011	149
1 Jan 2009 – 31 Dec 2009	28 Mar 2010	87
1 Jan 2008 – 31 Dec 2008	2 Jun 2009	153
1 Jan 2007 – 31 Dec 2007	4 Jun 2008	156
1 Jan 2006 – 31 Dec 2006	29 May 2007	149

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	Lars Ketelsen	2 Jan 2004	Current
CEO	Michael Fruergaard	2 Jan 2004	Current
Owner (50%)	MICHAEL FRUERGAARD HOLDING ApS	22 Dec 2009	Current
Owner (50%)	KETELSEN HOLDING ApS	22 Dec 2009	Current
Auditor	Beierholm Godkendt Revisionspartnerselskab	3 Apr 2019	Current
Auditor	E. MUNK STATSAUTORISERET REVISIONSANPARTSSELSKAB	2 Jan 2004	6 Jan 2005
Auditor	Ringstedvej 71 ApS	6 Jan 2005	30 May 2013
Founder	Lars Ketelsen	2 Jan 2004	Current
Founder	Michael Fruergaard	2 Jan 2004	Current

The CEOs' other companies

Lars Ketelsen – 1 other companies

MICHLAR HOLDING ApS Fusioneret

Michael Fruergaard – 1 other companies

MICHLAR HOLDING ApS Fusioneret

Address history (2 moves)

1 Jan 2007	Lyshøjvej 17, 3650 Ølstykke
26 May 2005	Lyshøjvej 17, 3650 Ølstykke
2 Jan 2004	Skrænten 14, 4683 Rønnede

Employees per year

Other companies at the same address

AUTOSPECIALISTEN ØLSTYKKE IVS Bankrupt
LAMPE IMPORT OG HANDEL ApS Bankrupt
SOLID HUS A/S Bankrupt
Selskabet af 09-11-2016 ApS Bankrupt
MICHLAR HOLDING ApS Fusioneret
MJÖBÄCKS VILLAN A/S Compulsorily dissolved

Similar companies in Egedal

Fratres ApS Ølstykke
DK BLIK ApS Ølstykke

Questions and answers about MICHLAR ApS

Has MICHLAR ApS gone bankrupt?

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

What is the bankruptcy risk of MICHLAR 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 MICHLAR ApS?

Lars Ketelsen, Michael Fruergaard are the CEOs of MICHLAR ApS.

Who is the auditor of MICHLAR ApS?

MICHLAR ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was MICHLAR ApS founded?

MICHLAR ApS was founded on 2 January 2004.

What is the equity of MICHLAR ApS?

Equity was DKK 6.0m 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.