MICHAEL ANDERSEN, SØNDERMARKEN ApS

CVR 28144660 · Private limited company (ApS) · Active · Very high risk

MICHAEL ANDERSEN, SØNDERMARKEN ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry discountforretninger. Our model estimates a bankruptcy risk of 34.3% over the next 12 months, which is 24.3 times the average for Danish companies. 3 annual reports have been published, of which 1 more than six months after the end of the financial year.

Bankruptcy risk for MICHAEL ANDERSEN, SØNDERMARKEN ApS

34.3%
probability of bankruptcy within 12 months
Very high risk

24.3 × the average (1.41%) · higher risk than 100% of active Danish companies

Lowest riskHighest risk

Increases the risk

Registered owners0 · bankruptcy rate 51.4%5.8×
Missing annual report (overdue)Yes · bankruptcy rate 35.2%4.0×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×
Marketing-protectedNo · bankruptcy rate 7.5%0.85×
Other companies at the same address0 · bankruptcy rate 7.5%0.85×

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
28144660
Status
Active
Company type
Private limited company (ApS)
Founded
(22 years)
Ceased
Address
Grønlandsvej 59
7100 Vejle
Municipality
Vejle
Industry
Discountforretninger (471130)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 300k
Employees
17 (2006)

Warning signs

Annual reports filed late1 of 3
Missing annual reportYes
Negative equity–
Equity ratio–
Current ratio–
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2007 – 31 Dec 2007241 Late
1 Jan 2006 – 31 Dec 2006163
1 Nov 2004 – 31 Dec 2005151

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 Møller Andersen
AuditorEY Godkendt Revisionspartnerselskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderMichael Møller Andersen

The CEOs' other companies

Michael Møller Andersen – 1 other companies

Address history (1 moves)

Grønlandsvej 59, 7100 Vejle
Grønlandsvej 59, 7100 Vejle

Employees per year

Number of employees at MICHAEL ANDERSEN, SØNDERMARKEN ApS per year9172004: 620042005: 1120052006: 172006

Similar companies in Vejle

Questions and answers about MICHAEL ANDERSEN, SØNDERMARKEN ApS

Has MICHAEL ANDERSEN, SØNDERMARKEN ApS gone bankrupt?

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

What is the bankruptcy risk of MICHAEL ANDERSEN, SØNDERMARKEN ApS?

Our model estimates a bankruptcy risk of 34.3% over the next 12 months (very high risk), which is 24.3 times the average for Danish companies.

When was MICHAEL ANDERSEN, SØNDERMARKEN ApS founded?

MICHAEL ANDERSEN, SØNDERMARKEN ApS was founded on 1 November 2004.

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