M. M. NØRGAARD ApS

CVR 29634246 · Private limited company (ApS) · Active · Medium risk

M. M. NØRGAARD ApS is a Private limited company (ApS), founded on , based in Hadsten. The company is registered in the industry opførelse af bygninger. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 19 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 25k and a net result of DKK -56k.

Bankruptcy risk for M. M. NØRGAARD ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
29634246
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Skadervej 11
8370 Hadsten
Municipality
Favrskov
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 125k
Employees
1 (2018)
Auditor
Revisionshuset Tal &amp; Tanker, Statsautoriseret revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 19
Missing annual reportNo
Negative equityNo
Equity ratio13.7%
Current ratio116%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 249kDKK 271k
Net profitDKK -56kDKK -26k
EquityDKK 25kDKK 81k
Total assetsDKK 182kDKK 184k
CashDKK 7,767–
Short-term debtDKK 157k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionshuset Tal &amp; Tanker, Statsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025170
1 Jul 2023 – 30 Jun 202478
1 Jul 2022 – 30 Jun 202367
1 Jul 2021 – 30 Jun 202282
1 Jul 2020 – 30 Jun 2021113
1 Jul 2019 – 30 Jun 2020139
1 Jul 2018 – 30 Jun 2019124
1 Jul 2017 – 30 Jun 2018115
1 Jul 2016 – 30 Jun 2017133
1 Jul 2015 – 30 Jun 2016167
1 Jul 2014 – 30 Jun 2015167
1 Jul 2013 – 30 Jun 2014149
1 Jul 2012 – 30 Jun 2013150
1 Jul 2011 – 30 Jun 2012151
1 Jul 2010 – 30 Jun 2011154
1 Jul 2009 – 30 Jun 2010153
1 Jul 2008 – 30 Jun 2009152
1 Jul 2007 – 30 Jun 2008154
30 Jun 2006 – 30 Jun 2007150

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
Owner (100%)Michael Morre NørgaardCurrent
AuditorREVISIONSFIRMAET BYRIEL SAND/ KIRSTEN BYRIEL SAND
FounderMichael Morre NørgaardCurrent

Address history (2 moves)

Skadervej 11, 8370 Hadsten
Skadervej 11, 8370 Hadsten
Skadervej 11, 8370 Hadsten

Employees per year

Number of employees at M. M. NØRGAARD ApS per year112011: 120112012: 120122013: 120132014: 120142015: 120152016: 120162017: 120172018: 12018

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Questions and answers about M. M. NØRGAARD ApS

Has M. M. NØRGAARD ApS gone bankrupt?

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

What is the bankruptcy risk of M. M. NØRGAARD ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the auditor of M. M. NØRGAARD ApS?

M. M. NØRGAARD ApS most recently used Revisionshuset Tal &amp; Tanker, Statsautoriseret revisionspartnerselskab.

When was M. M. NØRGAARD ApS founded?

M. M. NØRGAARD ApS was founded on 30 June 2006.

What is the equity of M. M. NØRGAARD ApS?

Equity was DKK 25k according to the annual report for the period ending 30 June 2025.

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