MICHAEL GRUNDHOLM A/S

CVR 29308381 · Public limited company (A/S) · Active · Low risk

MICHAEL GRUNDHOLM A/S is a Public limited company (A/S), founded on , based in Vejle. 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 (30 Jun 2026) shows equity of DKK 17.8m and a net result of DKK 376k. CEO: Michael Thornemann Grundholm.

Bankruptcy risk for MICHAEL GRUNDHOLM A/S

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 since new CEO1 yrs · bankruptcy rate 16.2%1.8×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
29308381
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
Ved Vandværket 7, 3.
7100 Vejle
Municipality
Vejle
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 500k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 21
Missing annual reportNo
Negative equityNo
Equity ratio97.6%
Current ratio17,035%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies1
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK -30kDKK 4.7mDKK -373k
Net profitDKK 376kDKK 5.9mDKK -855k
EquityDKK 17.8mDKK 17.6mDKK 12.5m
Total assetsDKK 18.3mDKK 18.1mDKK 12.6m
CashDKK 1.6mDKK 619k–
Short-term debtDKK 63kDKK 133k–
Tax owedDKK 0DKK 71k–
Avg. employees01–

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 Jul 2025 – 30 Jun 202697
1 Jul 2024 – 30 Jun 2025115
1 Jul 2023 – 30 Jun 2024174
1 Jul 2022 – 30 Jun 2023116
1 Jul 2021 – 30 Jun 2022130
1 Jul 2020 – 30 Jun 2021100
1 Jul 2019 – 30 Jun 2020154
1 Jul 2018 – 30 Jun 2019107
1 Jul 2017 – 30 Jun 2018149
1 Jul 2016 – 30 Jun 2017171
1 Jul 2015 – 30 Jun 2016144
1 Jul 2014 – 30 Jun 201580
1 Jul 2013 – 30 Jun 201477
1 Jul 2012 – 30 Jun 201372
1 Jul 2011 – 30 Jun 201279
1 Jul 2010 – 30 Jun 201192
1 Jul 2009 – 30 Jun 2010104
1 Jul 2008 – 30 Jun 2009142
1 Jul 2007 – 30 Jun 2008156
1 Jul 2006 – 30 Jun 2007163

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 Thornemann GrundholmCurrent
CEOMichael Thornemann Grundholm
CEOAnne Dorthe Grundholm
BoardMichael Thornemann GrundholmCurrent
BoardAnne Dorthe GrundholmCurrent
BoardDaniel Nørskov GrundholmCurrent
BoardHenrik Thornemann Grundholm
BoardFinn Dyhre Hansen
Owner (100%)Michael Thornemann GrundholmCurrent
AuditorKOVSTED & SKOVGÅRD, REVISION & RÅDGIVNING, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab

The CEOs' other companies

Michael Thornemann Grundholm – 35 other companies, of which 5 bankrupt

Anne Dorthe Grundholm – 2 other companies

Address history (4 moves)

Ved Vandværket 7, 3., 7100 Vejle
Karetmagervej 12, 7100 Vejle
Højskolevej 12, 7100 Vejle
Højskolevej 12, 7100 Vejle
Karetmagervej 12, 7100 Vejle

Other companies at the same address

Similar companies in Vejle

Questions and answers about MICHAEL GRUNDHOLM A/S

Has MICHAEL GRUNDHOLM A/S gone bankrupt?

No, MICHAEL GRUNDHOLM A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MICHAEL GRUNDHOLM A/S?

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 GRUNDHOLM A/S?

Michael Thornemann Grundholm is the CEO of MICHAEL GRUNDHOLM A/S.

Who is the auditor of MICHAEL GRUNDHOLM A/S?

MICHAEL GRUNDHOLM A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MICHAEL GRUNDHOLM A/S founded?

MICHAEL GRUNDHOLM A/S was founded on 11 January 2006.

What is the equity of MICHAEL GRUNDHOLM A/S?

Equity was DKK 17.8m according to the annual report for the period ending 30 June 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.