MICHAEL THORSEN HOLDING ApS

CVR 29222797 · Private limited company (ApS) · Active · Low risk

MICHAEL THORSEN HOLDING ApS is a Private limited company (ApS), founded on , based in Middelfart. 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 1.9m and a net result of DKK 758k. CEO: Michael Thorsen.

Bankruptcy risk for MICHAEL THORSEN HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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
29222797
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Fuglebakken 17
5500 Middelfart
Municipality
Middelfart
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
DANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityNo
Equity ratio99.7%
Current ratio37,668%
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 year202520242023
Gross profitDKK -7,594DKK -6,250DKK -5,625
Net profitDKK 758kDKK 741kDKK 576k
EquityDKK 1.9mDKK 2.6mDKK 1.9m
Total assetsDKK 1.9mDKK 2.6mDKK 1.9m
CashDKK 1.4mDKK 939k–
Short-term debtDKK 5,000DKK 5,000–
Tax owed–DKK 0–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · DANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202554
1 Jan 2024 – 31 Dec 2024153
1 Jan 2023 – 31 Dec 202360
1 Jan 2022 – 31 Dec 2022143
1 Jan 2021 – 31 Dec 2021140
1 Jan 2020 – 31 Dec 202070
1 Jan 2019 – 31 Dec 2019119
1 Jan 2018 – 31 Dec 2018102
1 Jan 2017 – 31 Dec 2017113
1 Jan 2016 – 31 Dec 2016130
1 Jan 2015 – 31 Dec 2015160
1 Jan 2014 – 31 Dec 2014162
1 Jan 2013 – 31 Dec 2013156
1 Jan 2012 – 31 Dec 2012127
1 Jan 2011 – 31 Dec 2011145
1 Jan 2010 – 31 Dec 201075
1 Jan 2009 – 31 Dec 2009136
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007127
3 Jan 2006 – 31 Dec 2006157

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 ThorsenCurrent
Owner (100%)Michael ThorsenCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB
FounderMichael ThorsenCurrent

The CEOs' other companies

Michael Thorsen – 3 other companies

Address history (1 moves)

Fuglebakken 17, 5500 Middelfart
Fuglebakken 17, 5500 Middelfart

Other companies at the same address

Similar companies in Middelfart

Questions and answers about MICHAEL THORSEN HOLDING ApS

Has MICHAEL THORSEN HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of MICHAEL THORSEN 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 MICHAEL THORSEN HOLDING ApS?

Michael Thorsen is the CEO of MICHAEL THORSEN HOLDING ApS.

Who is the auditor of MICHAEL THORSEN HOLDING ApS?

MICHAEL THORSEN HOLDING ApS most recently used DANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB.

When was MICHAEL THORSEN HOLDING ApS founded?

MICHAEL THORSEN HOLDING ApS was founded on 3 January 2006.

What is the equity of MICHAEL THORSEN HOLDING ApS?

Equity was DKK 1.9m 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.