MICHAEL BAUN HOLDING ApS

CVR 29215278 · Private limited company (ApS) · Active · Low risk

MICHAEL BAUN HOLDING ApS is a Private limited company (ApS), founded on , based in Vadum. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 -2.4m and a net result of DKK 29k. CEO: Michael Baun.

Bankruptcy risk for MICHAEL BAUN HOLDING ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
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×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
29215278
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Gustav Zimmersvej 61
9430 Vadum
Municipality
Jammerbugt
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
Redmark, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 20
Missing annual reportNo
Negative equityYes
Equity ratio-1,360.6%
Current ratio4%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -8,625DKK -6,600DKK -8,000
Net profitDKK 29kDKK -63kDKK -56k
EquityDKK -2.4mDKK -2.4mDKK -2.4m
Total assetsDKK 176kDKK 138kDKK 215k
CashDKK 47kDKK 47k–
Short-term debtDKK 2.6mDKK 2.6m–
Tax owedDKK 20kDKK 0–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025160
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020119
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 2018155
1 Jan 2017 – 31 Dec 2017166
1 Jan 2016 – 31 Dec 2016137
1 Jan 2015 – 31 Dec 2015145
1 Jan 2014 – 31 Dec 2014114
1 Jan 2013 – 31 Dec 2013162
1 Jan 2012 – 31 Dec 2012113
1 Jan 2011 – 31 Dec 2011164
1 Jan 2010 – 31 Dec 2010159
1 Jan 2009 – 31 Dec 2009156
1 Jan 2008 – 31 Dec 2008153
1 Jan 2007 – 31 Dec 2007147
23 Dec 2005 – 31 Dec 2006134

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
CEOMichael BaunCurrent
Owner (100%)Michael BaunCurrent
AuditorSelskabet af 01.02.2001 ApS
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
FounderMichael BaunCurrent

The CEOs' other companies

Michael Baun – 1 other companies

Address history (2 moves)

Gustav Zimmersvej 61, 9430 Vadum
Gustav Zimmersvej 61, 9430 Vadum
Parallelvej 8, 9430 Vadum

Similar companies in Jammerbugt

Questions and answers about MICHAEL BAUN HOLDING ApS

Has MICHAEL BAUN HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of MICHAEL BAUN HOLDING ApS?

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

Who is the CEO of MICHAEL BAUN HOLDING ApS?

Michael Baun is the CEO of MICHAEL BAUN HOLDING ApS.

Who is the auditor of MICHAEL BAUN HOLDING ApS?

MICHAEL BAUN HOLDING ApS most recently used Redmark, Godkendt Revisionspartnerselskab.

When was MICHAEL BAUN HOLDING ApS founded?

MICHAEL BAUN HOLDING ApS was founded on 23 December 2005.

What is the equity of MICHAEL BAUN HOLDING ApS?

Equity was DKK -2.4m 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.