MD AF 11/11 2004 ApS
CVR 28153791 · Private limited company (ApS) · Active · Low risk
MD AF 11/11 2004 ApS is a Private limited company (ApS), founded on , based in Kjellerup. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.5% 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 179k and a net result of DKK -545k. CEO: Morten Degn.
Bankruptcy risk for MD AF 11/11 2004 ApS
0.4 × the average (1.41%) · higher risk than 60% of active Danish companies
Increases the risk
Reduces the risk
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
- 28153791
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (21 years)
- Address
- Sølunden 29
8620 Kjellerup - Municipality
- Silkeborg
- Industry
- Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 125k
- Auditor
- Partner Revision statsautoriseret revisionsaktieselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 2 of 21 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 2.3% |
| Current ratio | 27% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 1 |
| Other companies at the address | 4 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 150k | DKK -51k |
| Net profit | DKK -545k | DKK -531k |
| Equity | DKK 179k | DKK -275k |
| Total assets | DKK 7.7m | DKK 9.1m |
| Cash | DKK 48k | – |
| Short-term debt | DKK 7.6m | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Partner Revision, statsautoriseret revisionsaktieselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 90 | ||
| 1 Jan 2024 – 31 Dec 2024 | 168 | ||
| 1 Jan 2023 – 31 Dec 2023 | 164 | ||
| 1 Jan 2022 – 31 Dec 2022 | 166 | ||
| 1 Jan 2021 – 31 Dec 2021 | 102 | ||
| 1 Jan 2020 – 31 Dec 2020 | 165 | ||
| 1 Jan 2019 – 31 Dec 2019 | 147 | ||
| 1 Jan 2018 – 31 Dec 2018 | 151 | ||
| 1 Jan 2017 – 31 Dec 2017 | 151 | ||
| 1 Jan 2016 – 31 Dec 2016 | 159 | ||
| 1 Jan 2015 – 31 Dec 2015 | 153 | ||
| 1 Jan 2014 – 31 Dec 2014 | 149 | ||
| 1 Jan 2013 – 31 Dec 2013 | 163 | ||
| 1 Jan 2012 – 31 Dec 2012 | 168 | ||
| 1 Jan 2011 – 31 Dec 2011 | 172 | ||
| 1 Jan 2010 – 31 Dec 2010 | 165 | ||
| 1 Jan 2009 – 31 Dec 2009 | 168 | ||
| 1 Jan 2008 – 31 Dec 2008 | 159 | ||
| 1 Jan 2007 – 31 Dec 2007 | 162 | ||
| 1 Jan 2006 – 31 Dec 2006 | 184 | Late |
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 | Morten Degn | Current | |
| Owner (100%) | MORTEN DEGN HOLDING ApS | Current | |
| Auditor | Partner Revision statsautoriseret revisionsaktieselskab | Current | |
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Founder | MORTEN DEGN HOLDING ApS | Current |
The CEOs' other companies
Morten Degn – 10 other companies, of which 2 bankrupt
- CMC AGRO ApS Bankrupt 22 Nov 2022
- PQR 15 ApS Bankrupt 6 Jul 1994
- DANSK POPPELTRÆ ApS Active
- DEGN FUTURE ApS Active
- MASKINSTATIONEN LYSGAARD A/S Active
- MASKINSTATIONEN LYSGAARD A/S Fusioneret
- MN Landbrug ApS Active
- MORTEN DEGN HOLDING ApS Active
- SFI 2 ApS Opløst
- SLOVAKIAN FIELD INVEST A/S Active
Address history (1 moves)
| Sølunden 29, 8620 Kjellerup | |
| Sølunden 29, 8620 Kjellerup |
Other companies at the same address
- DANSK POPPELTRÆ ApS Active
- DEGN FUTURE ApS Active
- MN Landbrug ApS Active
- MORTEN DEGN HOLDING ApS Active
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Questions and answers about MD AF 11/11 2004 ApS
Has MD AF 11/11 2004 ApS gone bankrupt?
No, MD AF 11/11 2004 ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of MD AF 11/11 2004 ApS?
Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.
Who is the CEO of MD AF 11/11 2004 ApS?
Morten Degn is the CEO of MD AF 11/11 2004 ApS.
Who is the auditor of MD AF 11/11 2004 ApS?
MD AF 11/11 2004 ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.
When was MD AF 11/11 2004 ApS founded?
MD AF 11/11 2004 ApS was founded on 11 November 2004.
What is the equity of MD AF 11/11 2004 ApS?
Equity was DKK 179k 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.