MICHAEL BAAD HOLDING ApS

CVR 29922497 · Private limited company (ApS) · Active · Low risk

MICHAEL BAAD HOLDING ApS is a Private limited company (ApS), founded on , based in Silkeborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 19 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 4.1m and a net result of DKK 153k. CEO: Michael Baad.

Bankruptcy risk for MICHAEL BAAD HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
29922497
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Kornvænget 34
8600 Silkeborg
Municipality
Silkeborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 175k
Auditor
Revisionshuset Tal & Tanker, Statsautoriseret revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 19
Missing annual reportNo
Negative equityNo
Equity ratio97.5%
Current ratio124%
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 year202520242023
Gross profitDKK -5,128DKK -4,403DKK -4,704
Net profitDKK 153kDKK 88kDKK 515k
EquityDKK 4.1mDKK 3.9mDKK 3.8m
Total assetsDKK 4.2mDKK 4.0mDKK 3.9m
CashDKK 1,376DKK 5,454–
Short-term debtDKK 59kDKK 102k–
Tax owedDKK 25kDKK 52k–
Avg. employees01–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025176
1 Oct 2023 – 30 Sep 2024119
1 Oct 2022 – 30 Sep 2023156
1 Oct 2021 – 30 Sep 202274
1 Oct 2020 – 30 Sep 2021141
1 Oct 2019 – 30 Sep 202078
1 Oct 2018 – 30 Sep 2019168
1 Oct 2017 – 30 Sep 2018135
1 Oct 2016 – 30 Sep 2017164
1 Oct 2015 – 30 Sep 2016143
1 Oct 2014 – 30 Sep 2015168
1 Oct 2013 – 30 Sep 2014174
1 Oct 2012 – 30 Sep 2013178
1 Oct 2011 – 30 Sep 2012143
1 Oct 2010 – 30 Sep 201180
1 Oct 2009 – 30 Sep 201096
1 Oct 2008 – 30 Sep 2009131
1 Oct 2007 – 30 Sep 2008103
27 Sep 2006 – 30 Sep 2007122

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 BaadCurrent
Owner (100%)Michael BaadCurrent
AuditorRevisionsfirmaet Erling Thomsen
AuditorRevisionshuset Tal & Tanker Statsautoriseret Revisionspartnerselskab
FounderMichael BaadCurrent

The CEOs' other companies

Michael Baad – 3 other companies

Address history (2 moves)

Kornvænget 34, 8600 Silkeborg
Lollandsgade 13, 8600 Silkeborg
Lollandsgade 13, 8600 Silkeborg

Similar companies in Silkeborg

Questions and answers about MICHAEL BAAD HOLDING ApS

Has MICHAEL BAAD HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of MICHAEL BAAD HOLDING ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of MICHAEL BAAD HOLDING ApS?

Michael Baad is the CEO of MICHAEL BAAD HOLDING ApS.

Who is the auditor of MICHAEL BAAD HOLDING ApS?

MICHAEL BAAD HOLDING ApS most recently used Revisionshuset Tal & Tanker, Statsautoriseret revisionspartnerselskab.

When was MICHAEL BAAD HOLDING ApS founded?

MICHAEL BAAD HOLDING ApS was founded on 27 September 2006.

What is the equity of MICHAEL BAAD HOLDING ApS?

Equity was DKK 4.1m according to the annual report for the period ending 30 September 2025.

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