MIDTJYSK BYG ApS

CVR 29808775 · Private limited company (ApS) · Active · Low risk

MIDTJYSK BYG ApS is a Private limited company (ApS), founded on , based in Karup J. The company is registered in the industry opførelse af bygninger. 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, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.9m and a net result of DKK 397k. CEO: Jim Hornskov Danielsen, Michael Gehrt Ragner.

Bankruptcy risk for MIDTJYSK BYG 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
29808775
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
c/o Jim Danielsen, Hedevej 1F
7470 Karup J
Municipality
Viborg
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 125k
Employees
7 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 19
Missing annual reportNo
Negative equityNo
Equity ratio70.7%
Current ratio360%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.1mDKK 3.4m
Net profitDKK 397kDKK 191k
EquityDKK 2.9mDKK 2.5m
Total assetsDKK 4.0mDKK 3.7m
CashDKK 2.6m–
Short-term debtDKK 1.1m–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202550
1 Jan 2024 – 31 Dec 2024142
1 Jan 2023 – 31 Dec 2023163
1 Jan 2022 – 31 Dec 2022154
1 Jan 2021 – 31 Dec 2021177
1 Jan 2020 – 31 Dec 2020188 Late
1 Jan 2019 – 31 Dec 2019230 Late
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017163
1 Jan 2016 – 31 Dec 2016144
1 Jan 2015 – 31 Dec 2015163
1 Jan 2014 – 31 Dec 2014166
1 Jan 2013 – 31 Dec 2013157
1 Jan 2012 – 31 Dec 2012162
1 Jan 2011 – 31 Dec 2011169
1 Jan 2010 – 31 Dec 2010178
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 2008147
3 Jan 2007 – 31 Dec 2007157

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
CEOJim Hornskov DanielsenCurrent
CEOMichael Gehrt RagnerCurrent
CEOBenny Lajer Ragner
Owner (33%)Benny Lajer RagnerCurrent
Owner (33%)Jim Hornskov DanielsenCurrent
Owner (33%)Michael Gehrt RagnerCurrent
Owner (25%)Nirmalananth Balasubramaniam
AuditorREVISION AARHUS REGISTREREDE REVISORER A/S
Auditor3 STK ApS
FounderBenny Lajer RagnerCurrent
FounderJim Hornskov DanielsenCurrent
FounderMichael Gehrt RagnerCurrent
FounderNirmalananth BalasubramaniamCurrent

The CEOs' other companies

Jim Hornskov Danielsen – 3 other companies, of which 1 bankrupt

Michael Gehrt Ragner – 1 other companies

Benny Lajer Ragner – 14 other companies

Address history (0 moves)

c/o Jim Danielsen, Hedevej 1F, 7470 Karup J

Employees per year

Number of employees at MIDTJYSK BYG ApS per year472011: 420112012: 320122013: 320132014: 320142015: 320152016: 320162017: 520172018: 72018

Other companies at the same address

Similar companies in Viborg

Questions and answers about MIDTJYSK BYG ApS

Has MIDTJYSK BYG ApS gone bankrupt?

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

What is the bankruptcy risk of MIDTJYSK BYG 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 MIDTJYSK BYG ApS?

Jim Hornskov Danielsen, Michael Gehrt Ragner are the CEOs of MIDTJYSK BYG ApS.

When was MIDTJYSK BYG ApS founded?

MIDTJYSK BYG ApS was founded on 3 January 2007.

What is the equity of MIDTJYSK BYG ApS?

Equity was DKK 2.9m 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.