MSA HOLDING ApS

CVR 29148554 · Private limited company (ApS) · Active · Low risk

MSA HOLDING ApS is a Private limited company (ApS), founded on 21 October 2005, based in København N. The company is registered in the industry anden finansiel formidling i.a.n.. 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 (30 Sep 2025) shows equity of DKK 798k and a net result of DKK -3,919. CEO: Martin Saabye Andersen.

Bankruptcy risk for MSA HOLDING ApS

0.0%

probability of bankruptcy within 12 months

Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×

Annual reports filed late1 · bankruptcy rate 11.3%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×

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×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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: 29148554
Status: Active
Company type: Private limited company (ApS)
Founded: 21 October 2005 (21 years)
Address: c/o Martin Saabye Andersen, Søllerødgade 31, 1. tv
2200 København N
Municipality: København
Industry: Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital: DKK 125k
Auditor: Kongevejens Revision
Audit opted out: Yes

Warning signs

Annual reports filed late	1 of 20
Missing annual report	No
Negative equity	No
Equity ratio	97.7%
Current ratio	1,615%
Moves (last 2 years)	0
CEO changes in total	0
CEO's previous bankruptcies	0
Other companies at the address	1
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024
Gross profit	DKK -12k	DKK -12k
Net profit	DKK -3,919	DKK -99k
Equity	DKK 798k	DKK 802k
Total assets	DKK 817k	DKK 826k
Cash	DKK 50k	–
Short-term debt	DKK 19k	–
Avg. employees	1	–

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

Filed annual reports

Reporting period	Published	Days after period end
1 Oct 2024 – 30 Sep 2025	12 Dec 2025	73
1 Oct 2023 – 30 Sep 2024	24 Feb 2025	147
1 Oct 2022 – 30 Sep 2023	11 Mar 2024	163
1 Oct 2021 – 30 Sep 2022	31 Mar 2023	182
1 Oct 2020 – 30 Sep 2021	14 Feb 2022	137
1 Oct 2019 – 30 Sep 2020	17 Feb 2021	140
1 Oct 2018 – 30 Sep 2019	21 Feb 2020	144
1 Oct 2017 – 30 Sep 2018	27 Feb 2019	150
1 Oct 2016 – 30 Sep 2017	19 Jan 2018	111
1 Oct 2015 – 30 Sep 2016	13 Feb 2017	136
1 Oct 2014 – 30 Sep 2015	24 Feb 2016	147
1 Oct 2013 – 30 Sep 2014	27 Feb 2015	150
1 Oct 2012 – 30 Sep 2013	25 Feb 2014	148
1 Oct 2011 – 30 Sep 2012	3 Mar 2013	154
1 Oct 2010 – 30 Sep 2011	29 Feb 2012	152
1 Oct 2009 – 30 Sep 2010	2 Mar 2011	153
1 Oct 2008 – 30 Sep 2009	11 Feb 2010	134
1 Oct 2007 – 30 Sep 2008	2 Mar 2009	153
1 Oct 2006 – 30 Sep 2007	3 Mar 2008	155
21 Oct 2005 – 30 Sep 2006	1 Mar 2007	152

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	Martin Saabye Andersen	21 Oct 2005	Current
Owner (100%)	Martin Saabye Andersen	21 Oct 2005	Current
Auditor	I/S AF 17. OKTOBER, STATSAUTORISEREDE REVISORER	21 Oct 2005	23 Aug 2011
Auditor	KONGEVEJENS REVISION REGISTRERET REVISIONS ApS	23 Aug 2011	27 Feb 2015
Founder	Martin Saabye Andersen	21 Oct 2005	Current

The CEOs' other companies

Martin Saabye Andersen – 1 other companies

MINISTI FILM ApS Active

Address history (1 moves)

24 Jan 2024	c/o Martin Saabye Andersen, Søllerødgade 31, 1. tv, 2200 København N
21 Oct 2005	c/o Martin Saabye Andersen, Plantagevej 15, 3100 Hornbæk

Other companies at the same address

Kridit Nexø ApS Active

Similar companies in København

MOLARCO FINANS A/S København Ø
TECHNICAL ApS København Ø
IT2000 HOLDING ApS København S
TANDLÆGESELSKABET OLE SPANNER DENTAL ApS København V
HOUMANN CHRISTENSEN HOLDING APS København K
A/S AF 20/11 1980 København S
JAN HEINIG HANSEN ApS København K
KASUS ApS Valby
BOBI EJENDOM ApS København K
MASTER EPICURE ApS København SV
TORBEN KROG ApS København Ø
ANPARTSSELSKABET AF 7.OKTOBER 1984 København S

Questions and answers about MSA HOLDING ApS

Has MSA HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of MSA HOLDING 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 MSA HOLDING ApS?

Martin Saabye Andersen is the CEO of MSA HOLDING ApS.

Who is the auditor of MSA HOLDING ApS?

MSA HOLDING ApS most recently used Kongevejens Revision.

When was MSA HOLDING ApS founded?

MSA HOLDING ApS was founded on 21 October 2005.

What is the equity of MSA HOLDING ApS?

Equity was DKK 798k 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.