MG BILER ApS

CVR 29167524 · Private limited company (ApS) · Active · Low risk

MG BILER ApS is a Private limited company (ApS), founded on , based in Sindal. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 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 1.3m and a net result of DKK 135k. CEO: Morten Gaardbo Pedersen.

Bankruptcy risk for MG BILER ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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×
Employees (latest year)2–5 · 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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
29167524
Status
Active
Company type
Private limited company (ApS)
Founded
(21 years)
Address
Rønvej 6
9870 Sindal
Municipality
Hjørring
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 125k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 20
Missing annual reportNo
Negative equityNo
Equity ratio88.7%
Current ratio553%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 495kDKK 427k
Net profitDKK 135kDKK 120k
EquityDKK 1.3mDKK 1.2m
Total assetsDKK 1.5mDKK 1.4m
CashDKK 758k–
Short-term debtDKK 170k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202578
1 Jan 2024 – 31 Dec 2024132
1 Jan 2023 – 31 Dec 2023134
1 Jan 2022 – 31 Dec 2022109
1 Jan 2021 – 31 Dec 2021118
1 Jan 2020 – 31 Dec 2020126
1 Jan 2019 – 31 Dec 2019125
1 Jan 2018 – 31 Dec 201853
1 Jan 2017 – 31 Dec 2017120
1 Jan 2016 – 31 Dec 2016129
1 Jan 2015 – 31 Dec 2015147
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013119
1 Jan 2012 – 31 Dec 2012113
1 Jan 2011 – 31 Dec 2011107
1 Jan 2010 – 31 Dec 2010146
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007174
31 Oct 2005 – 31 Dec 2006189 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

RoleNameFromTo
CEOMorten Gaardbo PedersenCurrent
Owner (100%)Morten Gaardbo PedersenCurrent
AuditorPART NORD REVISION ApS
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPART NORD REVISION ApS
FounderMorten Gaardbo PedersenCurrent

The CEOs' other companies

Morten Gaardbo Pedersen – 1 other companies

Address history (2 moves)

Rønvej 6, 9870 Sindal
Pletvej 135, 9870 Sindal
Pletvej 135, 9870 Sindal

Former names

MG BILER ApS – now
MG HOLDING MOSBJERG ApS –

Employees per year

Number of employees at MG BILER ApS per year122011: 020112012: 220122013: 220132014: 220142015: 220152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Hjørring

Questions and answers about MG BILER ApS

Has MG BILER ApS gone bankrupt?

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

What is the bankruptcy risk of MG BILER ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of MG BILER ApS?

Morten Gaardbo Pedersen is the CEO of MG BILER ApS.

When was MG BILER ApS founded?

MG BILER ApS was founded on 31 October 2005.

What is the equity of MG BILER ApS?

Equity was DKK 1.3m 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.