MTM GROUP ApS

CVR 28121040 · Private limited company (ApS) · Active · Medium risk

MTM GROUP ApS is a Private limited company (ApS), founded on , based in Søborg. The company is registered in the industry detailhandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 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 (30 Sep 2025) shows equity of DKK 303k and a net result of DKK -308k. CEO: Tommy Borgen Rasmussen, Kurt Skov Jensen.

Bankruptcy risk for MTM GROUP ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
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)2–5 · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
28121040
Status
Active
Company type
Private limited company (ApS)
Founded
(22 years)
Address
Søborg Hovedgade 61
2860 Søborg
Municipality
Gladsaxe
Industry
Detailhandel med informations- og kommunikationsudstyr (474000)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 125k
Employees
3 (2018)
Auditor
Dansk Revision Benny Jakobsen
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 21
Missing annual reportNo
Negative equityNo
Equity ratio3.4%
Current ratio29%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies2
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 330kDKK 270k
Net profitDKK -308kDKK -262k
EquityDKK 303kDKK 611k
Total assetsDKK 8.8mDKK 8.7m
CashDKK 277k–
Short-term debtDKK 7.6m–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Dansk Revision Benny Jakobsen.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025190 Late
1 Oct 2023 – 30 Sep 2024182
1 Oct 2022 – 30 Sep 2023160
1 Oct 2021 – 30 Sep 2022160
1 Oct 2020 – 30 Sep 2021144
1 Oct 2019 – 30 Sep 202049
1 Oct 2018 – 30 Sep 2019163
1 Oct 2017 – 30 Sep 2018162
1 Oct 2016 – 30 Sep 2017111
1 Oct 2015 – 30 Sep 2016153
1 Oct 2014 – 30 Sep 2015113
1 Oct 2013 – 30 Sep 2014153
1 Oct 2012 – 30 Sep 2013162
1 Oct 2011 – 30 Sep 2012155
1 Oct 2010 – 30 Sep 2011145
1 Oct 2009 – 30 Sep 201059
1 Oct 2008 – 30 Sep 2009160
1 Oct 2007 – 30 Sep 2008167
1 Oct 2006 – 30 Sep 2007154
1 Oct 2005 – 30 Sep 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
CEOTommy Borgen RasmussenCurrent
CEOKurt Skov JensenCurrent
Owner (100%)MTM GROUP HOLDING ApSCurrent
AuditorERNST & YOUNG DENMARK P/S
Auditor2 R REVISION I/S
AuditorDansk Revision Benny Jakobsen
FounderApS KBUS 38 nr.3117Current

The CEOs' other companies

Tommy Borgen Rasmussen – 3 other companies, of which 1 bankrupt

Kurt Skov Jensen – 6 other companies, of which 1 bankrupt

Address history (2 moves)

Søborg Hovedgade 61, 2860 Søborg
Søborg Hovedgade 61, 2860 Søborg
Kronprinsessegade 18, 1306 København K

Former names

MTM GROUP ApS – now
ApS KBUS 17 NR. 3659 –

Employees per year

Number of employees at MTM GROUP ApS per year352011: 420112012: 520122013: 420132014: 420142015: 320152016: 320162017: 320172018: 32018

Other companies at the same address

Similar companies in Gladsaxe

Questions and answers about MTM GROUP ApS

Has MTM GROUP ApS gone bankrupt?

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

What is the bankruptcy risk of MTM GROUP ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of MTM GROUP ApS?

Tommy Borgen Rasmussen, Kurt Skov Jensen are the CEOs of MTM GROUP ApS.

Who is the auditor of MTM GROUP ApS?

MTM GROUP ApS most recently used Dansk Revision Benny Jakobsen.

When was MTM GROUP ApS founded?

MTM GROUP ApS was founded on 1 October 2004.

What is the equity of MTM GROUP ApS?

Equity was DKK 303k 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.