MH2 ApS

CVR 29132127 · Private limited company (ApS) · Active · Low risk

MH2 ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry ikke-finansielle holdingselskaber. 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 38.7m and a net result of DKK 275k. CEO: Elmer Sørensen Sandvad.

Bankruptcy risk for MH2 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

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
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×
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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
29132127
Status
Active
Company type
Private limited company (ApS)
Founded
(21 years)
Address
c/o Elmer Sandvad, Kystvejen 23, 4.
8000 Aarhus C
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Employees
0 (2014)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 21
Missing annual reportNo
Negative equityNo
Equity ratio97.2%
Current ratio3,499%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -154kDKK -1.7m
Net profitDKK 275kDKK 2.3m
EquityDKK 38.7mDKK 42.8m
Total assetsDKK 39.9mDKK 43.6m
CashDKK 1.3m–
Short-term debtDKK 1.1m–
Tax owedDKK 99k–
Avg. employees1–

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 Jan 2025 – 31 Dec 2025138
1 Jan 2024 – 31 Dec 202486
1 Jan 2023 – 31 Dec 202364
1 Jan 2022 – 31 Dec 202267
1 Jan 2021 – 31 Dec 202197
1 Jan 2020 – 31 Dec 2020153
1 Jan 2019 – 31 Dec 2019170
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017163
1 Jan 2016 – 31 Dec 2016163
1 Jan 2015 – 31 Dec 2015160
1 Jan 2014 – 31 Dec 2014162
1 Jan 2013 – 31 Dec 2013154
1 Jan 2012 – 31 Dec 2012137
1 Jan 2011 – 31 Dec 2011111
1 Jan 2010 – 31 Dec 2010151
1 Jan 2009 – 31 Dec 2009151
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 200786
1 Jan 2006 – 31 Dec 2006107

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
CEOElmer Sørensen SandvadCurrent
Owner (100%)Elmer Sørensen SandvadCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab

The CEOs' other companies

Elmer Sørensen Sandvad – 8 other companies

Address history (8 moves)

c/o Elmer Sandvad, Kystvejen 23, 4., 8000 Aarhus C
c/o Elmer Sandvad, Vestervang 38, st. 3803, 8000 Aarhus C
c/o Elmer Sandvad, Bangsboparken 64, 8541 Skødstrup
c/o Elmer Sandvad, Sjællandsgade 87, 2., 8000 Aarhus C
Sandholmsvej 20, 8400 Ebeltoft
c/o Elmer Sandvad, Engmarksvej 27, 8240 Risskov
Finlandsgade 10, 8200 Aarhus N
c/o Elmer Sandvad, Engmarksvej 27, 8240 Risskov
c/o Mjølner Informatics A/S, Helsingforsgade 27, 8200 Aarhus N

Employees per year

Number of employees at MH2 ApS per year112008: 020082009: 020092011: 020112012: 020122014: 02014

Other companies at the same address

Similar companies in Aarhus

Questions and answers about MH2 ApS

Has MH2 ApS gone bankrupt?

No, MH2 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MH2 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 MH2 ApS?

Elmer Sørensen Sandvad is the CEO of MH2 ApS.

Who is the auditor of MH2 ApS?

MH2 ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MH2 ApS founded?

MH2 ApS was founded on 20 September 2005.

What is the equity of MH2 ApS?

Equity was DKK 38.7m 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.