KF Midtgaard ApS
CVR 30546873 · Private limited company (ApS) · Active · Low risk
KF Midtgaard ApS is a Private limited company (ApS), founded on , based in Gjerlev J. The company is registered in the industry engroshandel med korn, uforarbejdet tobak, såsæd og foderstoffer. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 18 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -913k and a net result of DKK 287k. CEO: Kresten Frandsen.
Bankruptcy risk for KF Midtgaard ApS
0.2 × the average (1.41%) · higher risk than 49% of active Danish companies
Increases the risk
Reduces the risk
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
- 30546873
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (19 years)
- Address
- c/o Frands Frandsen, Østermarksvej 76A
8983 Gjerlev J - Municipality
- Randers
- Industry
- Engroshandel med korn, uforarbejdet tobak, såsæd og foderstoffer (462100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 125k
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 18 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -115.2% |
| Current ratio | 47% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 3 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 333k | – |
| Net profit | DKK 287k | – |
| Equity | DKK -913k | – |
| Total assets | DKK 793k | – |
| Cash | DKK 603k | – |
| Short-term debt | DKK 1.7m | – |
| Avg. employees | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 82 | ||
| 1 Jan 2024 – 31 Dec 2024 | 141 | ||
| 1 Jan 2023 – 31 Dec 2023 | 64 | ||
| 1 Jan 2022 – 31 Dec 2022 | 76 | ||
| 1 Jan 2021 – 31 Dec 2021 | 169 | ||
| 1 Jan 2020 – 31 Dec 2020 | 88 | ||
| 1 Jan 2019 – 31 Dec 2019 | 163 | ||
| 1 Jan 2018 – 31 Dec 2018 | 17 | ||
| 1 Jan 2017 – 31 Dec 2017 | 81 | ||
| 1 Jan 2016 – 31 Dec 2016 | 81 | ||
| 1 Jan 2015 – 31 Dec 2015 | 144 | ||
| 1 Jan 2014 – 31 Dec 2014 | 140 | ||
| 1 Jan 2013 – 31 Dec 2013 | 142 | ||
| 1 Jan 2012 – 31 Dec 2012 | 149 | ||
| 1 Jan 2011 – 31 Dec 2011 | 178 | ||
| 1 Jan 2010 – 31 Dec 2010 | 171 | ||
| 1 Jul 2008 – 30 Jun 2009 | 133 | ||
| 19 Jun 2007 – 30 Jun 2008 | 175 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Kresten Frandsen | Current | |
| CEO | Frands Frandsen | ||
| Owner (100%) | NETGÅRD HOLDING ApS | Current | |
| Owner (33%) | F. FRANDSEN HOLDING ApS | ||
| Owner (33%) | NETGÅRD HOLDING ApS | ||
| Auditor | Landbocenter Randers-Viborg | ||
| Auditor | F.L.I. REVISION & REGNSKAB ApS | ||
| Auditor | ND Revision Randers registreret revisionsinteressentskab | ||
| Founder | F. FRANDSEN HOLDING ApS | Current | |
| Founder | NETGÅRD HOLDING ApS | Current |
The CEOs' other companies
Kresten Frandsen – 2 other companies
- F. FRANDSEN HOLDING ApS Compulsorily dissolved
- NETGÅRD HOLDING ApS Active
Frands Frandsen – 2 other companies, of which 1 bankrupt
- FRANDSEN DEVELOPMENT A/S Bankrupt 29 Apr 2015
- F. FRANDSEN HOLDING ApS Compulsorily dissolved
Address history (0 moves)
| c/o Frands Frandsen, Østermarksvej 76A, 8983 Gjerlev J |
Former names
| KF Midtgaard ApS | – now |
| CENTRO MIDTGAARD HOLDING ApS | – |
Other companies at the same address
- F. FRANDSEN HOLDING ApS Compulsorily dissolved
- Frandsen Engineering ApS Opløst
- NETGÅRD HOLDING ApS Active
Similar companies in Randers
- LMR Handel ApS Randers NV
- Selskabet af 1. juli 2004 A/S Randers SØ
Questions and answers about KF Midtgaard ApS
Has KF Midtgaard ApS gone bankrupt?
No, KF Midtgaard ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of KF Midtgaard ApS?
Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.
Who is the CEO of KF Midtgaard ApS?
Kresten Frandsen is the CEO of KF Midtgaard ApS.
When was KF Midtgaard ApS founded?
KF Midtgaard ApS was founded on 19 June 2007.
What is the equity of KF Midtgaard ApS?
Equity was DKK -913k 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.