M GULSTAD ApS

CVR 28329741 · Private limited company (ApS) · Active · Low risk

M GULSTAD ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 91.6m and a net result of DKK 2.4m. CEO: Morten Lanng Gulstad.

Bankruptcy risk for M GULSTAD ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
28329741
Status
Active
Company type
Private limited company (ApS)
Founded
(21 years)
Address
c/o Morten Gulstad, Nordtoft 28
9000 Aalborg
Municipality
Aalborg
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 125k
Employees
1 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 21
Missing annual reportNo
Negative equityNo
Equity ratio86.6%
Current ratio592%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1.4mDKK 1.6m
Net profitDKK 2.4mDKK 5.1m
EquityDKK 91.6mDKK 91.2m
Total assetsDKK 105.7mDKK 99.0m
CashDKK 1.1m–
Short-term debtDKK 14.1m–
Tax owedDKK 556k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021144
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019155
1 Jan 2018 – 31 Dec 2018134
1 Jan 2017 – 31 Dec 2017176
1 Jan 2016 – 31 Dec 2016163
1 Jan 2015 – 31 Dec 201561
1 Jan 2014 – 31 Dec 2014173
1 Jan 2013 – 31 Dec 2013174
1 Jan 2012 – 31 Dec 2012154
1 Jan 2011 – 31 Dec 201178
1 Jan 2010 – 31 Dec 2010122
1 Jan 2009 – 31 Dec 2009147
1 Jan 2008 – 31 Dec 2008158
1 Jan 2007 – 31 Dec 2007135
1 Jan 2006 – 31 Dec 2006135

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
CEOMorten Lanng GulstadCurrent
Owner (100%)Morten Lanng GulstadCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorUllits & Winther Statsautoriserederevisorer I/S
AuditorULLITS & WINTHER STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMorten Lanng GulstadCurrent

The CEOs' other companies

Morten Lanng Gulstad – 26 other companies, of which 1 bankrupt

Address history (6 moves)

c/o Morten Gulstad, Nordtoft 28, 9000 Aalborg
c/o Morten Gulstad, Nordtoft 26, 9000 Aalborg
c/o Morten Lanng Gulstad, Carl Klitgaards Vej 39, st. th, 9400 Nørresundby
Nordtoft 27, 9000 Aalborg
c/o Morten Lanng, Eckersbergsvej 10, 9000 Aalborg
c/o Morten Lanng, Svendsgade 18, 2. th, 9000 Aalborg
Gl Århusvej 137A, 8800 Viborg

Former names

M GULSTAD ApS – now
MORTEN MEDIA ApS –

Employees per year

Number of employees at M GULSTAD ApS per year112018: 12018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about M GULSTAD ApS

Has M GULSTAD ApS gone bankrupt?

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

What is the bankruptcy risk of M GULSTAD ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of M GULSTAD ApS?

Morten Lanng Gulstad is the CEO of M GULSTAD ApS.

Who is the auditor of M GULSTAD ApS?

M GULSTAD ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was M GULSTAD ApS founded?

M GULSTAD ApS was founded on 21 January 2005.

What is the equity of M GULSTAD ApS?

Equity was DKK 91.6m 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.