MAV Udvikling ApS

Q: Has MAV Udvikling ApS gone bankrupt?

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

Q: What is the bankruptcy risk of MAV Udvikling 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.

Q: Who is the auditor of MAV Udvikling ApS?

MAV Udvikling ApS most recently used Deloitte Statsautoriseret Revisionspartnerselskab.

Q: When was MAV Udvikling ApS founded?

MAV Udvikling ApS was founded on 3 March 2004.

Q: What is the equity of MAV Udvikling ApS?

Equity was DKK -1.5m according to the annual report for the period ending 31 December 2025.

CVR 27625037 · Private limited company (ApS) · Active · Low risk

MAV Udvikling ApS is a Private limited company (ApS), founded on 3 March 2004, based in Dragør. The company is registered in the industry rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder. 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 -1.5m and a net result of DKK -52k.

Bankruptcy risk for MAV Udvikling 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

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×

Return on assets< -20% · bankruptcy rate 16.7%1.9×

Number of CEOs0 · bankruptcy rate 12.7%1.4×

CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×

RegionHovedstaden · bankruptcy rate 11.6%1.3×

CEO's other companies0 · bankruptcy rate 10.9%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 at current address5+ yrs · bankruptcy rate 3.1%0.35×

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

Reporting classReporting class B · bankruptcy rate 5.7%0.65×

Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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: 27625037
Status: Active
Company type: Private limited company (ApS)
Founded: 3 March 2004 (22 years)
Address: c/o Martin Kvist, A.P. Møllers Allé 43B
2791 Dragør
Municipality: Dragør
Industry: Rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder (711210)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital: DKK 125k
Employees: 1 (2006)
Auditor: Deloitte Statsautoriseret Revisionspartnerselskab
Audit opted out: Yes

Warning signs

Annual reports filed late	2 of 21
Missing annual report	No
Negative equity	Yes
Equity ratio	-18,701.3%
Current ratio	1%
Moves (last 2 years)	0
CEO changes in total	0
CEO's previous bankruptcies	0
Other companies at the address	55
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK -16k	DKK -9,971	DKK -23k
Net profit	DKK -52k	DKK -44k	DKK -56k
Equity	DKK -1.5m	DKK -1.4m	DKK -1.4m
Total assets	DKK 7,869	DKK 15k	DKK 9,713
Cash	DKK 7,869	DKK 8,665	–
Short-term debt	DKK 1.5m	DKK 1.4m	–
Avg. employees	0	–	–

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

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	2 Jul 2026	183
1 Jan 2024 – 31 Dec 2024	28 May 2025	148
1 Jan 2023 – 31 Dec 2023	1 Jul 2024	183
1 Jan 2022 – 31 Dec 2022	3 Jul 2023	184	Late
1 Jan 2021 – 31 Dec 2021	14 Jun 2022	165
1 Jan 2020 – 31 Dec 2020	3 Jun 2021	154
1 Jan 2019 – 31 Dec 2019	24 Jun 2020	176
1 Jan 2018 – 31 Dec 2018	13 Jun 2019	164
1 Jan 2017 – 31 Dec 2017	25 Apr 2018	115
1 Jan 2016 – 31 Dec 2016	22 Mar 2017	81
1 Jan 2015 – 31 Dec 2015	13 Apr 2016	104
1 Jan 2014 – 31 Dec 2014	29 Jun 2015	180
1 Jan 2013 – 31 Dec 2013	5 Jun 2014	156
1 Jan 2012 – 31 Dec 2012	7 Jun 2013	158
1 Jan 2011 – 31 Dec 2011	9 Jun 2012	161
1 Jan 2010 – 31 Dec 2010	7 Jun 2011	158
1 Jun 2008 – 31 May 2009	17 Nov 2009	170
1 Jan 2007 – 31 Dec 2007	26 Mar 2008	86
1 Jan 2006 – 31 Dec 2006	17 May 2007	137
1 Jan 2005 – 31 Dec 2005	20 Jun 2006	171

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
Owner (100%)	Kvist-Madsen Holding ApS	11 Feb 2017	Current
Owner (100%)	Martin Kvist-Madsen	1 Jun 2004	19 Dec 2016
Owner (100%)	KVIST INVEST ApS	20 Dec 2016	11 Feb 2017
Auditor	ERNST & YOUNG DENMARK P/S	3 Mar 2004	18 May 2004
Auditor	PB Udlejning	18 May 2004	28 Aug 2006
Auditor	BDO Holding VII, statsautoriseret revisionsaktieselskab	28 Aug 2006	10 Jun 2015
Auditor	DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB	10 Jun 2015	31 Jan 2016
Auditor	DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB	1 Feb 2016	28 May 2021
Founder	ApS KBUS 38 nr.3117	3 Mar 2004	Current

Address history (6 moves)

1 Apr 2019	c/o Martin Kvist, A.P. Møllers Allé 43B, 2791 Dragør
28 Feb 2017	c/o Martin Kvist, A.P. Møllers Allé 43A, 2791 Dragør
16 Apr 2008	c/o Martin Kvist, Birkevej 25 b, 2791 Dragør
25 Apr 2005	c/o Martin Kvist, Birkevej 25A, 2791 Dragør
28 Oct 2004	Gl Randersvej 15, 9560 Hadsund
1 Jun 2004	c/o Martin Kvist, Kystvejen 53, 1., 9560 Hadsund
3 Mar 2004	Kronprinsessegade 18, 1306 København K

Former names

MAV Udvikling ApS	11 Feb 2017 – now
TINNI HOLDING AF 2004 ApS	18 May 2004 – 10 Feb 2017
ApS KBUS 17 NR. 3203	3 Mar 2004 – 17 May 2004

Employees per year

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Questions and answers about MAV Udvikling ApS

Has MAV Udvikling ApS gone bankrupt?

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

What is the bankruptcy risk of MAV Udvikling 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 auditor of MAV Udvikling ApS?

MAV Udvikling ApS most recently used Deloitte Statsautoriseret Revisionspartnerselskab.

When was MAV Udvikling ApS founded?

MAV Udvikling ApS was founded on 3 March 2004.

What is the equity of MAV Udvikling ApS?

Equity was DKK -1.5m 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.