MORTEN ELSBORG ApS

CVR 29522138 · Private limited company (ApS) · Active · Low risk

MORTEN ELSBORG ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 19 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 172k and a net result of DKK 59k. CEO: Morten Elsborg.

Bankruptcy risk for MORTEN ELSBORG 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 vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%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×
Equity ratio0%–10% · bankruptcy rate 10.2%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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
29522138
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Nørremøllevej 50
8800 Viborg
Municipality
Viborg
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
3 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 19
Missing annual reportNo
Negative equityNo
Equity ratio8.6%
Current ratio66%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 827kDKK 935k
Net profitDKK 59kDKK -12k
EquityDKK 172kDKK 114k
Total assetsDKK 2.0mDKK 2.0m
CashDKK 457k–
Short-term debtDKK 1.8m–
Tax owedDKK 0–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202551
1 Oct 2023 – 30 Sep 202447
1 Oct 2022 – 30 Sep 202351
1 Oct 2021 – 30 Sep 202261
1 Oct 2020 – 30 Sep 202149
1 Oct 2019 – 30 Sep 202052
1 Oct 2018 – 30 Sep 201951
1 Oct 2017 – 30 Sep 201834
1 Oct 2016 – 30 Sep 201765
1 Oct 2015 – 30 Sep 201666
1 Oct 2014 – 30 Sep 201541
1 Oct 2013 – 30 Sep 201465
1 Oct 2012 – 30 Sep 201346
1 Oct 2011 – 30 Sep 201243
1 Oct 2010 – 30 Sep 201158
1 Oct 2009 – 30 Sep 201060
1 Oct 2008 – 30 Sep 200968
1 Oct 2007 – 30 Sep 200876
1 May 2006 – 30 Sep 200799

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 ElsborgCurrent
Owner (100%)KRAM HOLDING ApS, VIBORGCurrent
FounderMorten ElsborgCurrent

The CEOs' other companies

Morten Elsborg – 1 other companies

Address history (0 moves)

Nørremøllevej 50, 8800 Viborg

Employees per year

Number of employees at MORTEN ELSBORG ApS per year232011: 220112012: 220122013: 220132014: 220142015: 120152016: 220162017: 320172018: 32018

Other companies at the same address

Similar companies in Viborg

Questions and answers about MORTEN ELSBORG ApS

Has MORTEN ELSBORG ApS gone bankrupt?

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

What is the bankruptcy risk of MORTEN ELSBORG 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 MORTEN ELSBORG ApS?

Morten Elsborg is the CEO of MORTEN ELSBORG ApS.

Who is the auditor of MORTEN ELSBORG ApS?

MORTEN ELSBORG ApS most recently used Beierholm.

When was MORTEN ELSBORG ApS founded?

MORTEN ELSBORG ApS was founded on 1 May 2006.

What is the equity of MORTEN ELSBORG ApS?

Equity was DKK 172k according to the annual report for the period ending 30 September 2025.

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