MV PLAST ApS

CVR 29627894 · Private limited company (ApS) · Active · Medium risk

MV PLAST ApS is a Private limited company (ApS), founded on , based in Randers NØ. The company is registered in the industry fremstilling af andre plastprodukter. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 6.9m and a net result of DKK -2.7m. CEO: Mogens Velling, Michael Velling.

Bankruptcy risk for MV PLAST ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
29627894
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Mirabellevej 9A
8930 Randers NØ
Municipality
Randers
Industry
Fremstilling af andre plastprodukter (222600)
Bankruptcies in the industry: Fremstilling af andre plastprodukter
Share capital
DKK 125k
Employees
21 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 20
Missing annual reportNo
Negative equityNo
Equity ratio28.0%
Current ratio71%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 6.2mDKK 11.1mDKK 16.5m
Net profitDKK -2.7mDKK -585kDKK 4.2m
EquityDKK 6.9mDKK 7.4mDKK 9.9m
Total assetsDKK 24.6mDKK 24.7mDKK 31.7m
Short-term debtDKK 12.5mDKK 10.7m–
Tax owed–DKK 0–
Avg. employees1017–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025191 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023102
1 Jan 2022 – 31 Dec 2022131
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020124
1 Jan 2019 – 31 Dec 2019164
1 Jan 2018 – 31 Dec 2018134
1 Jan 2017 – 31 Dec 2017137
1 Jan 2016 – 31 Dec 2016111
1 Jan 2015 – 31 Dec 201592
1 Jan 2014 – 31 Dec 2014147
1 Jan 2013 – 31 Dec 2013143
1 Jan 2012 – 31 Dec 2012119
1 Jan 2011 – 31 Dec 2011109
1 Jan 2010 – 31 Dec 2010149
1 Jan 2009 – 31 Dec 2009157
1 Jan 2008 – 31 Dec 2008160
1 Jan 2007 – 31 Dec 2007150
1 Jan 2006 – 31 Dec 2006177

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
CEOMogens VellingCurrent
CEOMichael VellingCurrent
Owner (100%)MV Plast Holding ApSCurrent
Owner (50%)MICHAEL VELLING HOLDING ApS
Owner (50%)MOGENS VELLING HOLDING RANDERS ApS
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorJOKE, RANDERS A/S
Auditor18. juni 2024 P/S
AuditorNational Revision a/s
FounderMogens VellingCurrent
FounderMichael VellingCurrent

The CEOs' other companies

Mogens Velling – 8 other companies

Michael Velling – 6 other companies

Address history (2 moves)

Mirabellevej 9A, 8930 Randers NØ
Slåenvej 2F, 8930 Randers NØ
Slåenvej 2F, 8900 Randers C

Employees per year

Number of employees at MV PLAST ApS per year13252011: 1820112012: 1320122013: 1720132014: 2120142015: 2520152016: 2020162017: 1820172018: 212018

Other companies at the same address

Similar companies in Randers

Questions and answers about MV PLAST ApS

Has MV PLAST ApS gone bankrupt?

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

What is the bankruptcy risk of MV PLAST ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of MV PLAST ApS?

Mogens Velling, Michael Velling are the CEOs of MV PLAST ApS.

Who is the auditor of MV PLAST ApS?

MV PLAST ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was MV PLAST ApS founded?

MV PLAST ApS was founded on 28 June 2006.

What is the equity of MV PLAST ApS?

Equity was DKK 6.9m 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.