MIFCO SHIPPING ApS

CVR 29426090 · Private limited company (ApS) · Active · Low risk

MIFCO SHIPPING ApS is a Private limited company (ApS), founded on , based in København S. 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 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.9m and a net result of DKK 144k. CEO: Michael Irvine Fenger.

Bankruptcy risk for MIFCO SHIPPING 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

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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
29426090
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
c/o Michael Fenger, Islands Brygge 30B, 3. 1
2300 København S
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 20
Missing annual reportNo
Negative equityNo
Equity ratio99.4%
Current ratio15,548%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies3
Other companies at the address48
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -15kDKK -19kDKK -19k
Net profitDKK 144kDKK 68kDKK 100k
EquityDKK 1.9mDKK 1.8mDKK 1.7m
Total assetsDKK 1.9mDKK 1.8mDKK 1.7m
CashDKK 1.2mDKK 860k–
Short-term debtDKK 13kDKK 15k–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025185 Late
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022182
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019219 Late
1 Jan 2018 – 31 Dec 2018176
1 Jan 2017 – 31 Dec 2017121
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014147
1 Jan 2013 – 31 Dec 2013166
1 Jan 2012 – 31 Dec 2012154
1 Jan 2011 – 31 Dec 2011162
1 Jan 2010 – 31 Dec 2010172
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 2008126
1 Jan 2007 – 31 Dec 2007171
28 Mar 2006 – 31 Dec 2006165

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 Irvine FengerCurrent
Owner (100%)Michael Irvine FengerCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorKreston CM Statsautoriseret Revisions interessentskab
FounderMichael Irvine FengerCurrent

The CEOs' other companies

Michael Irvine Fenger – 13 other companies, of which 6 bankrupt

Address history (3 moves)

c/o Michael Fenger, Islands Brygge 30B, 3. 1, 2300 København S
c/o c/o Kreston CM, Adelgade 15, 1304 København K
Fredensvej 7, 2950 Vedbæk
c/o Copenship, Håbets Allé 26B, 2700 Brønshøj

Other companies at the same address

Similar companies in København

Questions and answers about MIFCO SHIPPING ApS

Has MIFCO SHIPPING ApS gone bankrupt?

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

What is the bankruptcy risk of MIFCO SHIPPING 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 MIFCO SHIPPING ApS?

Michael Irvine Fenger is the CEO of MIFCO SHIPPING ApS.

When was MIFCO SHIPPING ApS founded?

MIFCO SHIPPING ApS was founded on 28 March 2006.

What is the equity of MIFCO SHIPPING 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.