MADS BURGAARD HOLDING ApS

CVR 29604916 · Private limited company (ApS) · Active · Low risk

MADS BURGAARD HOLDING ApS is a Private limited company (ApS), founded on , based in Esbjerg. 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 10 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -851k and a net result of DKK -58k. CEO: Mads Burgaard.

Bankruptcy risk for MADS BURGAARD 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×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
29604916
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Kongensgade 102, 1. tv
6700 Esbjerg
Municipality
Esbjerg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
Martinsen, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late11 of 21
Missing annual reportNo
Negative equityYes
Equity ratio-205.0%
Current ratio81%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -12kDKK -12kDKK -1,544
Net profitDKK -58kDKK -56kDKK -244k
EquityDKK -851kDKK -794kDKK -738k
Total assetsDKK 415kDKK 399kDKK 384k
CashDKK 31––
Short-term debtDKK 514kDKK 483k–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022198 Late
1 Jan 2021 – 31 Dec 2021189 Late
1 Jan 2020 – 31 Dec 2020193 Late
1 Jan 2019 – 31 Dec 2019160
1 Jan 2018 – 31 Dec 2018185 Late
1 Jan 2017 – 31 Dec 2017191 Late
1 Jan 2016 – 31 Dec 2016187 Late
1 Jan 2015 – 31 Dec 2015155
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013164
1 Jan 2012 – 31 Dec 2012172
1 Jan 2011 – 31 Dec 2011184 Late
1 Jan 2010 – 31 Dec 2010173
1 Jan 2009 – 31 Dec 2009179
1 Jan 2008 – 31 Dec 2008193 Late
1 Jan 2007 – 31 Dec 2007171
1 Jan 2006 – 31 Dec 2006168

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
CEOMads BurgaardCurrent
CEOMads Burgaard
Owner (100%)Mads BurgaardCurrent
AuditorMARTINSEN, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Mads Burgaard – 10 other companies

Address history (1 moves)

Kongensgade 102, 1. tv, 6700 Esbjerg
Strandpromenaden 45, 6710 Esbjerg V

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about MADS BURGAARD HOLDING ApS

Has MADS BURGAARD HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of MADS BURGAARD 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 MADS BURGAARD HOLDING ApS?

Mads Burgaard is the CEO of MADS BURGAARD HOLDING ApS.

Who is the auditor of MADS BURGAARD HOLDING ApS?

MADS BURGAARD HOLDING ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.

When was MADS BURGAARD HOLDING ApS founded?

MADS BURGAARD HOLDING ApS was founded on 29 May 2006.

What is the equity of MADS BURGAARD HOLDING ApS?

Equity was DKK -851k 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.