HOUSE OF ELVES ApS

CVR 29918139 · Private limited company (ApS) · Active · High risk

HOUSE OF ELVES ApS is a Private limited company (ApS), founded on , based in Lystrup. The company is registered in the industry investering for egen regning. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 19 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -597k and a net result of DKK -482. CEO: Michael Nygaard Mogensen.

Bankruptcy risk for HOUSE OF ELVES ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
29918139
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Kirsebærhaven 45
8520 Lystrup
Municipality
Aarhus
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 125k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 19
Missing annual reportNo
Negative equityYes
Equity ratio-8,705.7%
Current ratio1%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Net profitDKK -482DKK -400DKK -74
EquityDKK -597kDKK -596kDKK -596k
Total assetsDKK 6,855DKK 7,337DKK 7,737
CashDKK 6,855DKK 7,337–
Short-term debtDKK 604kDKK 604k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025184 Late
1 Jul 2023 – 30 Jun 2024183
1 Jul 2022 – 30 Jun 2023183
1 Jul 2021 – 30 Jun 2022180
1 Jul 2020 – 30 Jun 2021153
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019152
1 Jul 2017 – 30 Jun 2018155
1 Jul 2016 – 30 Jun 2017154
1 Jul 2015 – 30 Jun 2016157
1 Jul 2014 – 30 Jun 2015155
1 Jul 2013 – 30 Jun 2014153
1 Jul 2012 – 30 Jun 2013160
1 Jul 2011 – 30 Jun 2012153
1 Jul 2010 – 30 Jun 2011152
1 Jul 2009 – 30 Jun 2010153
1 Jul 2008 – 30 Jun 2009154
1 Jul 2007 – 30 Jun 2008153
18 Sep 2006 – 30 Jun 2007155

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
CEOMichael Nygaard MogensenCurrent
Owner (100%)Michael Nygaard MogensenCurrent
Owner (50%)Michael Nygaard Mogensen
Owner (50%)Marianne Nygaard Johansen
FounderMichael Nygaard MogensenCurrent
FounderMarianne Nygaard JohansenCurrent

The CEOs' other companies

Michael Nygaard Mogensen – 1 other companies

Address history (4 moves)

Kirsebærhaven 45, 8520 Lystrup
Kirsebærhaven 45, 8520 Lystrup
Blåbærbakken 3B, 3250 Gilleleje
Kirkebakken 20, 3390 Hundested
Kirkebakken 20, 3390 Hundested

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Questions and answers about HOUSE OF ELVES ApS

Has HOUSE OF ELVES ApS gone bankrupt?

No, HOUSE OF ELVES ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HOUSE OF ELVES ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

Who is the CEO of HOUSE OF ELVES ApS?

Michael Nygaard Mogensen is the CEO of HOUSE OF ELVES ApS.

When was HOUSE OF ELVES ApS founded?

HOUSE OF ELVES ApS was founded on 18 September 2006.

What is the equity of HOUSE OF ELVES ApS?

Equity was DKK -597k 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.