MIDTJYSK FARVECENTER ApS

CVR 28111800 · Private limited company (ApS) · Active · High risk

MIDTJYSK FARVECENTER ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 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 Sep 2025) shows equity of DKK 152k and a net result of DKK -153k. CEO: Jesper Nysten.

Bankruptcy risk for MIDTJYSK FARVECENTER ApS

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
28111800
Status
Active
Company type
Private limited company (ApS)
Founded
(22 years)
Address
Trøstrupsgade 9
7400 Herning
Municipality
Herning
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
6 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 21
Missing annual reportNo
Negative equityNo
Equity ratio21.7%
Current ratio135%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 141kDKK 326k
Net profitDKK -153kDKK 39k
EquityDKK 152kDKK 305k
Total assetsDKK 701kDKK 831k
CashDKK 127k–
Short-term debtDKK 388k–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025197 Late
1 Oct 2023 – 30 Sep 2024148
1 Oct 2022 – 30 Sep 2023192 Late
1 Oct 2021 – 30 Sep 2022171
1 Oct 2020 – 30 Sep 2021102
1 Oct 2019 – 30 Sep 202098
1 Oct 2018 – 30 Sep 201999
1 Oct 2017 – 30 Sep 201873
1 Oct 2016 – 30 Sep 201751
1 Oct 2015 – 30 Sep 201683
1 Oct 2014 – 30 Sep 201582
1 Oct 2013 – 30 Sep 2014183
1 Oct 2012 – 30 Sep 2013183
1 Oct 2011 – 30 Sep 2012128
1 Oct 2010 – 30 Sep 2011137
1 Oct 2009 – 30 Sep 2010119
1 Oct 2008 – 30 Sep 200978
1 Oct 2007 – 30 Sep 200872
1 Oct 2006 – 30 Sep 200778
1 Oct 2005 – 30 Sep 200696

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
CEOJesper NystenCurrent
Owner (100%)JESPER NYSTEN HOLDING ApSCurrent
AuditorCHRISTENSEN & PEDERSEN, HERNING A/S
AuditorPeder Christian Pedersen
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
FounderJESPER NYSTEN HOLDING ApSCurrent

The CEOs' other companies

Jesper Nysten – 2 other companies

Address history (2 moves)

Trøstrupsgade 9, 7400 Herning
Hammershusvej 2A, 7400 Herning
Ravnsbjerg Toft 8, 7400 Herning

Employees per year

Number of employees at MIDTJYSK FARVECENTER ApS per year9172011: 1420112012: 1720122013: 1420132014: 920142015: 820152016: 620162017: 720172018: 62018

Other companies at the same address

Similar companies in Herning

Questions and answers about MIDTJYSK FARVECENTER ApS

Has MIDTJYSK FARVECENTER ApS gone bankrupt?

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

What is the bankruptcy risk of MIDTJYSK FARVECENTER ApS?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of MIDTJYSK FARVECENTER ApS?

Jesper Nysten is the CEO of MIDTJYSK FARVECENTER ApS.

Who is the auditor of MIDTJYSK FARVECENTER ApS?

MIDTJYSK FARVECENTER ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MIDTJYSK FARVECENTER ApS founded?

MIDTJYSK FARVECENTER ApS was founded on 20 September 2004.

What is the equity of MIDTJYSK FARVECENTER ApS?

Equity was DKK 152k according to the annual report for the period ending 30 September 2025.

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